a16z CSX, Coinbase invested in the Onchain potential project Glider

Glider is making new attempts in the field of on-chain asset management. (Synopsis: Alpha Nuggets) on-chain asset management agreement Symmetry launched AI fund managers, $SYMMETRA market value soared through 7.7 million magnesium in two days, can you still get on the car? (Background supplement: DeFAI New Era Four Tracks: AI Abstraction, Automated Investment Management, Market Forecasting, Infrastructure) Onchain trading platform Glider is quietly on the rise. Recently, Glider completed a $4 million financing led by a16z CSX, with the participation of investment institutions such as Coinbase Ventures, Uniswap Ventures and GSR. On-chain asset management pain points As far as traditional financial financing institutions are concerned, Bitwise, Grayscale, etc. usually adopt a custody model, and user assets are centrally managed by institutions. In Glider's view, although traditional asset management institutions provide professional management services to a certain extent, they also sacrifice users' independent control over assets. Brian Huang, co-founder of Glider, has said that what sets Glider apart is that it does not custody users' assets like traditional finance, which will be achieved through blockchain technology. But even on-chain, portfolio management faces many challenges: High threshold for technical complexity: In the multi-chain ecosystem, the heterogeneity of gas tokens, the latency risk of cross-chain bridging, and the immediacy requirements of rebalancing strategies make manual operations difficult to cope with market fluctuations. Infrastructure fragmentation: There is a lack of standardized interfaces between DeFi protocols, and users need to frequently switch between AMMs, lending protocols, and options platforms. Asymmetry between returns and risks: Retail investors often fall into the dilemma of "strategy disclosure and failure" in the process of strategy replication, while professional institutions rely on quantitative models to build advantages, and this information gap leads to a few people controlling most of the on-chain returns. In response to the above problems, based on the balance between the automation execution layer and user control, Glider proposed a new set of ideas. John Johnson, co-founder of Glider, an intent-driven modular system, said that Glider was founded out of frustration with the fragmented infrastructure that has long plagued cryptocurrency portfolios, and that Glider was born to completely eliminate this friction and achieve precise, automated execution across the network. Its core idea is to build an on-chain asset management "intermediary software", decoupling strategy formulation, execution, risk control and other links into programmable modules. Users can configure the arguments according to their own needs, or choose the smart template provided by the platform. At the heart of Glider's product is an intent-driven modular architecture. Users only need to set investment goals and strategic intentions, and the underlying chain abstraction technology will automatically complete cross-chain operations, asset adjustments and transaction execution, reducing the burden of manual operations. Glider's technology stack is modular and features the following: Portfolio Building Users can customize their investment strategies using intuitive asset allocation tools or curated templates. Automated execution Glider looks for liquidity across different chains and manages rebalancing to trigger trades, automatically executing preset strategies when market conditions change. Non-custodial integrations Users can connect to any existing wallet (e.g. MetaMask, Rainbow, Safe, WalletConnect, etc.) without a new seed phrase. Integrated lending Glider optimizes returns by automatically lending through trusted DeFi lending protocols like AAVE. Users can use assets to borrow and borrow without transferring ownership of assets to obtain additional income opportunities. Collaborative Investing Users can share strategies and customize them to continuously optimize their portfolios. Integrated backtesting Users can use historical data on the Glider interface to test strategies and compare performance with BTC, ETH and other benchmarks, and understand the performance of strategies in advance through the backtesting function. Team Background From the current disclosure of the founding team information, the team members are mainly Brian Huang and John Johnson. Brian Huang and John Johnson also have impressive resumes as co-founders, having held positions at Anchorage Digital, XTX Markets, 0x and Matcha, respectively. Other members of the team also come from industry names such as Coinbase, MetaMask, 0x, Cega, and PoolTogether. Brian Huang holds a Ph.D. in computer science from the Massachusetts Institute of Technology and served as the chief architect of Anchorage Digital, leading the development of a cross-chain hosting system supporting more than 20 public chains. As an early core developer of the 0x protocol, John Johnson led the refactoring of Matcha's aggregate trading engine, which set an industry record of $1.2 billion in trading volume in a single day. Conclusion Currently, Glider is still in technical testing, and the product is scheduled to go live in the coming months. According to the official website, the product is now invitation-based, and waitlist is being opened. According to Glider builder@marcos_0x, more features of Glider are currently being developed, and at present, Glider can display the current value of the user's portfolio and net flow of funds (netflow), a key visual clue to understand investment performance. In addition, according to its official disclosure, in the future, it plans to make a profit by charging users a certain percentage of the management fee based on the size of their assets under management. As the cryptocurrency industry evolves from a "financial experiment" to a "value network," true decentralization should not come at the expense of user experience, but should internalize complexity through technological innovation. John Johnson once said, "Everyone should be able to adjust their portfolio exactly as they wish, automate it, and invest as they want within their risk tolerance and appetite." Perhaps, only when on-chain asset management can be as simple and easy to use as traditional financial ETFs, DeFi is expected to transform from a geek toy to a mainstream financial infrastructure. Glider is making new attempts in the field of on-chain asset management. Related reports What have changed on the Ethereum chain after the Pectra upgrade? Overview of Perp DEX on the Sui chain: What are the differences between the four major protocols? On-chain organization platform Tally completed $8 million Series A financing, led by AppWorks (a16z CSX, Coinbase participates in Onchain potential project Glider) This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".