Rumpel’s time has come to an end. While this isn’t the ending we envisioned, we ran it hard, and I’m proud of what we accomplished.
Over 4.5 years, the Sense/Rumpel team pursued two distinct visions in DeFi — fixed income (Sense) and liquid point incentives (Rumpel). We raised during the 2021 highs, weathered the brutal 3ac luna ftx winter, ran numerous MVPs, and pivoted to a product users genuinely wanted. Both protocols introduced new markets for exchanging risk, representing our bet on what DeFi does best.
I’m equally grateful to have built alongside a genuinely exceptional team. Founded on strong ownership, high autonomy, and low ego — we stayed lean, ambitious, and honest with each other.
@jparklev &
@0xstvn brought the engineering expertise that made both protocols possible, and
@gophillionaire brought the GTM expertise to make our products shine. 0x Labs is lucky to have a couple of them.
To our investors and users, thank you for your trust, your feedback, and your willingness to use (& back!) something bold and new. It has been a distinct pleasure building for this community.
As for me, I’m not going anywhere. I still believe in the promise of DeFi, a new technology paradigm that brings greater access, expressivity, and capital efficiency to global markets.
Taking some time to decompress and think clearly. The next bet is already forming.
See you onchain, anon 🫡
After four years and two protocols, Rumpel Labs is winding down. The market isn’t yet ready for liquid point incentives.
Our engineering team is joining
@0xProject. To every user, investor, and supporter who took a chance on us — thank you.
Wind down details below 👇