Harbor — April 2026

We launched in January.
Went live in Trust 1 month ago.

A cross-chain CLOB DEX, integrated directly into wallets. No frontend. Seeded June 2025 · launched Jan 2026 · live in Trust Wallet since Mar 16. Less than one year old as a protocol, already compounding month over month.

Seed round $4.2M closed June 2025
Protocol age < 1 year 10 months since seed
Live in Trust ~1 month already #1 affiliate
Harbor launched
Jan 26
2026 · 86 days ago
Live in Trust
Mar 16
1 month ago — already the #1 affiliate
7-day volume
—
loading live data…
Run-rate today
—
avg daily volume · last 7d
Scroll, arrow keys, or side dots to advance
Volume trajectory · live

Up and to the right. Compounding fast.

Daily volume by affiliate since launch — the inflection is Trust Wallet going live one month ago. In five weeks Trust has become our #1 source of flow.

Trust Wallet went live Mar 16, 2026 · Since then, Harbor is doing —
Loading live volume data…
Last 7 days
—
Last 30 days
—
Avg daily volume (last 7d)
—
Active affiliates
—
Trust Wallet · cross-chain opportunity · live

Trust routes $300M+/mo
of cross-chain swap volume.

Harbor, NEAR Intents, ChainFlip, and THORChain combined — 30 days, all trades by Trust Wallet users. This is volume Trust is already routing on-chain today — and a CLOB in the wallet converts it into our order book.

30D volume (all providers)
—
loading…
Total trades
—
30-day count
Avg trade size
—
blended across providers
Sub-$10K tier
—
of volume — CLOB-grade retail flow
Aggregating TW volume by trade size…
Building cumulative curve…

Takeaway: Trust already routes hundreds of millions a month across THORChain, NEAR Intents, and ChainFlip. Every one of those swaps is a taker the Harbor CLOB can absorb at better pricing, with no UX change.

Product in-flight · live 1 month · limit orders next

Limit orders inside Trust Wallet.

We pitched limit orders inside Trust to SwapKit & Trust. They approved. We're shipping now — and every wallet we integrate next follows the same playbook.

The gap we're closing

Trust Wallet MAU
~17M
Binance MAU
~100M
User ratio (TW : Binance)
17%
TW major-pair volume
~$280M/mo
Binance major-pair volume
~$360B/mo
Volume gap, same asset class
~1,285×

TW has 17% of Binance's users but 0.08% of the major-pair volume. The gap exists because TW has no order book. Close even 0.5% of it and it's +$1.8B/mo of new volume.

Why a CLOB in the wallet wins

  • CEX-grade execution — sub-second matching, maker/taker fees, HFT API. Indistinguishable from Binance for the user.
  • Shared order book across wallets — every wallet we add feeds the same book. More flow → more MMs → tighter spreads → more users.
  • Taker flow is automatic — every existing wallet swap routes through the book, feeding the flywheel with zero UX change.
  • 70% of SwapKit quote demand is top-10 tokens — exactly the CLOB-grade assets.
Open full-screen demo → Liquidity Architecture →
The vision

The virtuous cycle.

Many wallets, one shared book, no frontend to capture. Every new wallet feeds the MMs; every new MM tightens spreads for every wallet — a decentralized Binance with the wallet as the front end.

Wallets
Trust Wallet
Phantom
MetaMask
Wallet N
Harbor CLOB
What happens
1
Flow routes inmarket swaps become taker flow · limit orders rest on the book
2
MMs concentrate depthliquidity follows the aggregated wallet flow
3
Spreads tightenusers get CEX-grade pricing without leaving the wallet
more wallets → more users → more orders → more MMs → more liquidity → tighter spreads
The first domino has already fallen. Trust is live and routing flow into the book. Every wallet we add next feeds the same MMs; every new MM tightens spreads for every wallet. That's the only DEX architecture that can credibly close the 1,285× gap to CEX — and we're already on it.
The ask

$2M loan. To scale liquidity.

One blocker between us and the next leg up: liquidity depth on the CLOB. This loan closes it.

Size
$2,000,000
USD stablecoins, deployed as CLOB liquidity on Harbor
Upside
Convertible
Optional conversion at a 20% per annum discount from the Series A price
Collateral
Callable at 6 months
Lender can call after month 6. Principal sits on-platform as stables the whole time.
Use of funds
Pure growth
$4.2M seed closed Jun 2025 · $3M still in bank. Ops funded for 18+ months. Every dollar of this loan goes to CLOB depth.
Why a loan: stables-on-platform is reversible. Every dollar is deployed as book depth while the loan is active, and can be returned as stables the moment the lender calls it. Ops are already covered by the seed — this capital has one job: making the CLOB deep enough to compound the Trust flywheel.
Scenarios

Two paths. Both good.

The loan doesn't depend on a raise. It just converts favorably if one happens.

Scenario A

We raise a Series A

  • Lender converts $2M into equity at Series A price
  • Applied discount: 20% × (months held / 12)
  • Lender gets a pre-priced round at a discount, without the diligence cycle
  • Capital already generated its return as CLOB liquidity before the conversion
Scenario B

We don't raise (or not yet)

  • After month 6 the loan is callable — lender can take stables back at will
  • Or we mutually extend at the same terms
  • Principal is sitting on-platform as stablecoins the entire time — not burned on ops
  • Downside to lender is duration, not recoverability
Bottom line: we launched, we're growing, Trust said yes. The last thing between us and a step-function in volume is book depth. $2M of callable, convertible stables fixes it — with clean outcomes on both sides of a raise.