Offchain Lab’s partner studio and venture capital arm, Tandem, has invested in Camelot, an Arbitrum native decentralized exchange (DEX), solidifying its position as a native DEX in the Arbitrum ecosystem. Originally launched without VC funding and entirely bootstrapped by the Arbitrum community, Camelot has become the largest protocol exclusively native to Arbitrum , exemplifying the strength and potential of community-driven development. Iron Boots, a cofounder of Camelot, said that when DeFi first gained traction, a lot of the relationships built around it were short-term and yield-focused.