Whetstone Research is a team focused on the development of on-chain markets. Its work centers on building protocols and interfaces for decentralized financial systems.The team’s first product is Doppler, a protocol designed for price discovery and initial liquidity formation within the Uniswap ecosystem.Its second product is Pure Markets, a user interface for interacting with DeFi and the first application built on top of the Doppler protocol.

January 29, 2026 - Whetstone Research has raised a $9 million seed round led by Pantera Capital, with participation from Variant, Figment Capital, and Coinbase Ventures.

Whetstone Research

Whetstone Research is a team focused on the development of on-chain markets.

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Whetstone Research

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