Agoric

What Agoric does

Agoric is a JavaScript-native smart contract platform built on a Cosmos-based Proof-of-Stake blockchain with IBC interoperability, founded in 2018 and operating as a remote-first company with 11-50 employees. Its core technology stack includes Agoric Orchestration (an automation layer coordinating smart contracts, tokens, and time-based triggers across chains), the Zoe framework (which provides offer safety guarantees so users either receive what they wanted or a full refund), and ERTP for digital asset issuance — all protected by an object-capability security model. The platform's flagship consumer product is Ymax, a cross-chain DeFi command center that enables single-signature execution of multi-step yield strategies across Aave, Compound, and Morpho on Ethereum L1/L2 and Cosmos chains. Supporting products include Fast USDC (sub-2-minute cross-chain USDC transfers via Circle CCTP), Inter Protocol (IST stablecoin and vaults), and the BLD native token.

Revenue mechanics are protocol-based: users and applications pay BLD postage fees for transactions, with staking commission and remote gas fees flowing to BLD stakers. Governance can dynamically adjust fee parameters and choose between distribution and burning. The company has raised approximately $82 million across private ($32M, Nov 2021) and public ($50M, Dec 2021) token sales, plus an earlier $4M seed in 2019, with lead investors including MetaStable, Polychain, and gumi Cryptos Capital.

Go-to-market is product-led and community-led, targeting two primary segments: DeFi power users and capital operators (sophisticated users managing meaningful multi-chain portfolios) and the 10M+ JavaScript developer ecosystem (positioned as developers who can build smart contracts without learning new languages). Distribution channels are predominantly self-serve through developer documentation, the Ymax web app (private beta), Keplr wallet integration, and BLD staking interfaces. Marketing relies heavily on Discord, Telegram, GitHub, conference presence, and content/education rather than traditional sales motions.

Name

Agoric

Legal name

Agoric Systems Operating Company

Website

https://agoric.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Agoric is a JavaScript-native smart contract platform on a Cosmos-based Proof-of-Stake blockchain that enables cross-chain DeFi orchestration. Its flagship Ymax product lets DeFi power users execute multi-chain stablecoin yield strategies with one signature, while targeting the 10M+ JavaScript developer ecosystem.

Ownership category

akta.pro rank

Product category

Blockchain Development Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD)

akta.pro secondary industries

Cross-Chain Bridging & Interoperability for Stablecoins (FSADADAH), Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption) (FSAPAEAB), Node Operations, RPC & Infrastructure Services (nodes, validators, RPC, relayers) (FSAPAAAF)

Keywords

• Smart contract platform
• Cross-chain DeFi
• Blockchain infrastructure
• JavaScript smart contracts
• Decentralized finance orchestration

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Network Transaction Fees: Users pay BLD postage fees to submit transactions. Applications pre-fund execution and orchestration costs. Cross-chain operations incur remote gas paid by the system on behalf of apps. Fees can be denominated in USD equivalents and dynamically adjusted by governance.
2. Staking Rewards Distribution: Commission on remote fees and local execution fees flow to BLD stakers. Governance decides between distribution to validators/stakers or burning fees to offset emissions. Staking yield tracks real network usage.
3. Inter Protocol (IST Stablecoin): USD-pegged stablecoin RUN enables DeFi lending, borrowing, and yield strategies on the platform, with fee flows generated from vault operations and PSM (Parity Stability Module) conversions.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels10 records

Core offering

Agoric operates a JavaScript-native smart contract platform built on a Cosmos-based Proof-of-Stake blockchain, providing an orchestration layer for executing complex cross-chain workflows. Its flagship product Ymax is a cross-chain DeFi command center that moves, allocates, and rebalances stablecoin portfolios across multiple blockchains with a single signature, integrating DeFi protocols like Aave, Compound, and Morpho. Supporting products include Fast USDC for near-instant cross-chain stablecoin transfers, the BLD native token for network security and governance, and developer frameworks like Zoe and ERTP for secure smart contract development.

Product overview

Agoric is a JavaScript-native smart contract platform built on a Cosmos-based Proof-of-Stake blockchain, forming the foundation for cross-chain DeFi orchestration. The core platform is Agoric Orchestration, an automation layer that coordinates smart contracts, tokens, and time-based triggers across multiple blockchains. The flagship product is Ymax, a cross-chain DeFi command center that enables users to manage stablecoin yield strategies across chains with a single signature. Supporting infrastructure includes the BLD native token (for security, fees, and governance), Fast USDC (for near-instant stablecoin transfers via Circle CCTP), Zoe (smart contract framework with offer safety), ERTP (digital asset issuance), and Inter Protocol (providing IST stablecoin and vault-based lending). The ecosystem targets JavaScript developers (over 10 million potential users) and DeFi power users seeking automated cross-chain capital management.

Differentiator

Problem solved

Functional benefit

Brands

• Ymax: The cross-chain DeFi command center that moves, allocates, and rebalances stablecoin portfolios with one signature. Built on Agoric Orchestration and Fast USDC.
• Fast USDC

Products and services

• Ymax A flagship cross-chain DeFi command center that enables users to orchestrate capital allocation across multiple chains and protocols with a single signature. Ymax unifies stablecoin yield strategies, executes cross-chain deposits, withdrawals, and rebalances, and provides an AI co-pilot for yield optimization. It is targeted at DeFi power users managing meaningful capital across Ethereum, Arbitrum, Base, Optimism, Avalanche, and Cosmos chains.
• Fast USDC A near-instant USDC transfer service that enables cross-chain stablecoin transfers in under 2 minutes using Circle's Cross-Chain Transfer Protocol (CCTP). Integrated natively in Ymax and available to builders as part of Agoric Orchestration.
• Agoric Public Mainnet A JavaScript-native smart contract platform built on a Cosmos-based Proof-of-Stake blockchain, supporting DeFi development and cross-chain interoperability via IBC and other protocols. Targets JavaScript developers worldwide.
• BLD Token The native cryptocurrency token of the Agoric blockchain that secures the network through Proof-of-Stake consensus, executes transactions as the fee and settlement token, and enables holders to participate in governance decisions.
• Inter Protocol A community-organized, decentralized application providing an overcollateralized, cryptocurrency-backed stable token (IST) for the interchain ecosystem, with vault-based collateral management and PSM-based liquidity provision.

Quantifiable outcome

• Reduced USDC transfer time from 10-30 minutes to under 2 minutes with Fast USDC
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability2 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• AxelarcoreTechnology or IntegrationIntegration for General Message Passing enabling cross-chain communication in Ymax. Ymax leverages Axelar's interoperability infrastructure for seamless blockchain communication.
• CirclecoreTechnology or IntegrationCCTP (Cross-Chain Transfer Protocol) integration enabling Fast USDC transfers. Circle's infrastructure powers instant USDC movement across blockchains.
• Keplr WalletcoreTechnology or IntegrationPrimary wallet for Agoric chain interactions including staking BLD, making offers, and governance voting.
• CosmoscoreTechnology or IntegrationAgoric is built on Cosmos SDK with IBC (Inter-Blockchain Communication) protocol for cross-chain interoperability.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Noble: Cosmos-based native USDC issuance chain that hosts Agoric's Fast USDC product. Highly comparable as a Cosmos-aligned stablecoin and cross-chain settlement network, and a current infrastructure partner.
• Acala: Polkadot/Cosmos-aligned DeFi hub offering stablecoin (aUSD), liquid staking, and EVM+ smart contracts. Comparable to Agoric in targeting cross-chain DeFi composability with a different base architecture.
• Wormhole: Cross-chain bridge and messaging protocol connecting dozens of chains. Competes with Agoric Orchestration and Axelar for the same cross-chain capital-routing use cases that power Agoric's Ymax product.
• THORChain: Cross-chain liquidity network enabling native swaps between Bitcoin, Ethereum, Cosmos, and other chains. Comparable to Agoric's Ymax in addressing fragmented cross-chain capital, with a different architectural approach.
• Axelar: Cosmos-based cross-chain communication network providing General Message Passing. Both a direct competitor to and a current integration partner of Agoric, offering overlapping interoperability primitives.
• LayerZero: Cross-chain interoperability protocol enabling messaging and asset transfers between blockchains. Direct competitor to Agoric's orchestration layer, with broader chain coverage and significantly larger developer mindshare.
• deBridge: Cross-chain interoperability and liquidity transfer protocol competing with Agoric's orchestration layer for cross-chain message passing and asset movement, particularly across EVM chains.

Broad incumbents

• Cosmos Hub: Foundational Cosmos ecosystem chain and IBC coordinator. Agoric is built on Cosmos SDK and benefits from IBC, but Cosmos Hub itself is a broader incumbent with overlapping ambitions around interchain DeFi coordination.
• Chainlink: Oracle network that has expanded into Cross-Chain Interoperability Protocol (CCIP). Already an Agoric ecosystem partner via oracle integration and a broader incumbent offering messaging infrastructure alongside data services.

Emerging players

• Symbiosis: Cross-chain DEX and liquidity network aggregating swaps across EVM and non-EVM chains. Comparable to Ymax as a cross-chain capital-routing product, though narrower in protocol coverage.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/agoric
• GitHubgithub.com/Agoric
• YouTubeyoutube.com/channel/UCpY91oQLh_Lp0mitdZ5bYWg
• LinkedInagoric.com/linkedin

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds6 records

Investors26 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Agoric