Zerion, a DeFi aggregator built on Ethereum, has secured $8.2 million in a Series A round of investment.

Upwards of 60 Ethereum-based protocols, including Aave, Yearn.finance, and Curve, are accessible through the non-custodial aggregation platform. Thus far in 2021, Zerion has handled over $600 million in volume, with a $1,000 median transaction.

Mosaic Ventures headed the round, which included contributions from Placeholder, Digital Currency Group, and Blockchain.com Ventures, among others.

Toby Coppel, co-creator and collaborator at Mosaic, and Brad Burnham, a strategic partner at Placeholder, have entered Zerion’s executive board as a result of the round.

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The business has now received a total of $10.2 million, after a $2 million seed round in December.

Zerion hopes that the war chest will enable the company’s consumer base to increase from over 200,000 to well over seven figures. By 2022, the initiative intends to increase its team size from 18 to 25, as well as overhaul its trading experience and portfolio tracking function.

During the third quarter, Zerion plans to provide support for additional prominent blockchains and layer-twos that are prevalent among DeFi customers. Users, according to the team, use their app nine times each day on average.

Over the last year, the decentralized financial sector has gained prominence, with the overall number of addresses that have engaged with DeFi protocols growing from 25,000 to over 3 million in only a year.

Given the fact that DeFi tokens have suffered huge losses as a result of the latest cryptocurrency market meltdown, the majority of the industry’s main projects have benefited from a variety of factors during this year.

Aave (AAVE) is up 25.4 percent, Synthetix (SNX) is up 46.4 percent, Uniswap (UNI) is up 16.6 percent, and Compound (COMP) is up 29.2 percent over the last seven days.

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