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Tandem by OCL Invests in Camelot, the Largest Native DEX on Arbitrum

calendar_today January 22, 2025 person Offchain Labs domain arbitrum

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.

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