What Aftermath Finance does

Aftermath Finance is a decentralized finance (DeFi) platform built natively on the Sui blockchain, founded in 2022 and headquartered in Chicago. It serves crypto traders, liquidity providers, and DeFi users seeking self-custody alternatives to centralized exchanges, offering a unified suite of products: a Swap product powered by a cross-protocol smart router that minimizes price impact, afSUI liquid staking (marketed as the most decentralized staking derivative on Sui), an Earn product enabling liquidity provision in pools of up to 8 coins with variable weights, Farm Rewards for LP-token staking with boosted APR, and a CEX On-Chain product offering perpetual and spot trading with centralized-exchange-grade UX while preserving self-custody.

The platform's underlying technology is anchored to the Sui blockchain for fast, low-cost transaction execution, and is augmented by integrations with Wormhole (cross-chain interoperability), Pyth (real-time price oracles), SuiNS (domain naming), and security audits by Quantstamp and Ottersec. Its go-to-market is product-led and self-serve: users connect a wallet directly via the web app with no sales intervention, and growth is community-driven through Discord, Twitter, and developer documentation. Distribution is extended through wallet integrations with THORWallet, Nightly, and Surf.

The business model is a transactional fee model: revenue is generated from swap/trading fees and from spreads or fees on liquid staking and LP-token staking services. No pricing tiers or fee schedules are publicly disclosed, and the company has not announced a token, ARR, or revenue figures. The company is privately held and has raised at least one funding round (Robot Ventures, 2024), with a broader investor base spanning crypto-native VCs including Mechanism Capital, Figment Capital, Compound Crypto, Zee Prime Capital, Brilliance, TKX, Keyrock, and TPT.

Name

Aftermath Finance

Legal name

Aftermath Finance

Website

https://aftermath.finance

Company type

Private

Founded year

2022

Operating status

Operating

Short description

Aftermath Finance is a DeFi platform built on the Sui blockchain that offers token swaps, liquid staking (afSUI), multi-coin liquidity pools, and CEX On-Chain perpetual and spot trading for self-custodial crypto traders and liquidity providers.

Ownership category

akta.pro rank

Product category

Decentralized Finance (DeFi) Trading Platform

NAICS

Activities Related to Credit Intermediation (5223), Miscellaneous Intermediation (52391)

SIC

Finance Services (6199)

akta.pro primary industry

Liquidity Management & Market-Making Protocols (FSADAMAH)

akta.pro secondary industries

Liquid Staking & Restaking Protocols (FSADAMAE), MEV, Order Flow & Transaction Finance (MEV markets, PBS, transaction pre-confirmation) (FSAPAEAL)

Keywords

• Decentralized exchange
• Liquid staking
• Token swap protocol
• Liquidity pools
• Defi trading platform

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Trading/Swap Fees: Revenue generated from trading activity through swap functionality on the platform
2. Staking Services: Earning yield through liquid staking (afSUI) and LP token staking with boosted rewards/APR

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Aftermath Finance is a decentralized finance (DeFi) platform built on the Sui blockchain that provides token swaps via a cross-protocol smart router, liquid staking of SUI through the afSUI derivative, multi-coin liquidity pools, LP token staking with boosted rewards, and perpetual and spot trading. The platform combines the user experience of a centralized exchange with on-chain self-custody and decentralization.

Product overview

Aftermath Finance is a decentralized trading platform built on the Sui blockchain, offering a unified suite of trading and DeFi products. The platform centers on four core offerings: Swap (a cross-protocol smart router for low-impact trades), Staking (liquid staking via afSUI derivative), Earn (multi-coin liquidity pools with variable weights), and Farm Rewards (LP token staking for boosted APRs). The platform also provides a CEX On-Chain experience offering perpetual and spot trading with centralized exchange ease but decentralized self-custody.

Differentiator

Problem solved

Functional benefit

Products and services

• Swap Cross-protocol smart router that enables traders to execute token swap transactions with lower price impact and fast execution on the Sui blockchain. Targeted at crypto traders and DeFi users who want efficient token swaps.
• Staking (afSUI Liquid Staking) Liquid staking service that allows users to stake SUI and receive afSUI, a staking derivative that earns yield while remaining liquid. Marketed as the most decentralized staking derivative on Sui, targeted at SUI holders seeking yield without relinquishing custody.
• Earn (Liquidity Pools) Liquidity provision service that enables users to become liquidity providers in pools containing up to 8 different coins with variable weights to earn yield. Targeted at DeFi users and liquidity providers seeking customizable exposure.
• Farm Rewards Yield optimization feature that lets users stake Aftermath LP tokens from liquidity pools to earn additional boosted rewards and higher APRs. Targeted at existing liquidity providers seeking enhanced yield.
• CEX On-Chain (Perpetual and Spot Trading) Trading platform offering both perpetual and spot trading with the user experience of a centralized exchange while maintaining on-chain decentralization and self-custody. Targeted at active crypto traders seeking CEX-grade UX without custodial risk.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and major.

• Mysten LabscoreTechnology or IntegrationCore infrastructure partner powering the Sui blockchain. Mysten Labs is the team behind Sui and provides the foundational technology for Aftermath Finance's platform.
• OtterseccoreTechnology or IntegrationSecurity partner providing security audits and assessments for the Aftermath Finance platform.
• WormholemajorTechnology or IntegrationCross-chain interoperability protocol enabling Aftermath Finance to support assets and liquidity across multiple blockchain ecosystems.
• PythmajorTechnology or IntegrationOracle provider supplying real-time price data for trading and financial operations on the platform.
• QuantstampcoreTechnology or IntegrationSecurity audit firm that has audited Aftermath Finance's smart contracts, ensuring reliability and resistance to vulnerabilities.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cetus Protocol: Leading Sui-native DEX and concentrated liquidity AMM. Directly comparable as the primary on-chain trading venue on Sui with swap and liquidity pool functionality overlapping Aftermath's core Swap and Earn products.
• Bluefin: Sui-native perpetuals and spot DEX. Direct competitor on the CEX On-Chain product with overlapping perpetuals trading, on-chain order book, and self-custody positioning.
• Scallop: Sui-native lending and DeFi protocol listed as an Aftermath partner. Competes in adjacent DeFi primitives on Sui and exemplifies the Sui-native DeFi ecosystem in which Aftermath operates.
• Turbos Finance: Sui-native concentrated liquidity AMM and DEX. Directly competes with Aftermath's Swap and Earn offerings for liquidity providers and swap volume on the same chain.

Broad incumbents

• Raydium: Leading DEX on Solana with AMM pools, limit orders, and yield farming. Broadly comparable centralized-exchange-on-chain and liquidity product set in a competing L1 ecosystem.
• Uniswap: Largest multi-chain DEX with swap and liquidity pool primitives that mirror Aftermath's Swap and Earn functionality. Establishes the category benchmarks (volume, fee tiers, pool designs) that Aftermath must compete against on Sui.
• Lido Finance: Largest liquid staking protocol. Directly analogous business model to Aftermath's afSUI liquid staking derivative, scaled across Ethereum and other chains rather than Sui.

Others

• Pyth Network: Oracle provider listed as a partner supplying real-time price data. Adjacent infrastructure dependency comparable in role (price feeds for trading and liquidations) to similar oracle integrations among DeFi peers.

Emerging players

• Marinade Finance: Solana-native liquid staking protocol offering mSOL. Closest direct analogue to afSUI in terms of liquid staking derivative design and yield-generation model on a non-Ethereum chain.
• Hyperliquid: Leading on-chain perpetuals exchange with self-custody and CEX-like UX. Directly comparable to Aftermath's CEX On-Chain product in combining centralized exchange experience with decentralized custody.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/AftermathFi

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors2 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 Aftermath Finance