LYS Labs raised $4 M in a new round of funding on 2025-08-18.

According to media reports, LYS Labs raised $4 M in a new round of funding on 2025-08-18. the investors in this funding round include Alchemy Ventures,Frachtis,Auros Ventures,Forest Bai,Scott Moore,Michael Heinrich,Piers Kicks,Bruce Pon,John Lilic and others. Following this round, LYS Labs's total funding reached $4 M.

LYS Labs is designed to streamline and optimize the process of liquid staking and restaking in the cryptocurrency domain. Central to its innovation is the Liquidity Modality Derivative (LMD), represented by a new financial instrument built on Ethereum - whyETH. This protocol sets itself apart by integrating with leading staking providers and restaking platforms, with the robust backing of the EigenLayer restaking protocol.