LI.FI
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Developer Solution Providing Advanced Bridge Aggregation with DEX Connectivity
LI.FI Intents launched on Open Intents Framework
LI.FI released LI.FI Intents, a modular full-stack execution engine using a solver network for gasless, exact-output cross-chain execution targeting stablecoin payments, real-world assets, and compliant institutional liquidity.
$29 million Series A extension led by Multicoin and CoinFund
LI.FI raised a $29 million Series A extension co-led by Multicoin Capital and CoinFund, bringing total capital raised to $51.7 million to scale its universal liquidity infrastructure.
Second major exploit — $11.6 million drained
A vulnerability in a newly deployed smart contract facet allowed an attacker to drain approximately $11.6 million in USDC, USDT, and DAI from 153 wallets on Ethereum and Arbitrum that had set infinite token approvals.
Phantom wallet integrated LI.FI for in-wallet cross-chain swaps
Phantom, with over 7 million monthly active users, integrated LI.FI's infrastructure to power in-wallet cross-chain swaps from EVM chains directly to Solana.
$17.5 million Series A led by CoinFund and Superscrypt
LI.FI closed a $17.5 million Series A round co-led by CoinFund and Superscrypt, with participation from Circle, Bloccelerate, L1 Digital, and others, to expand its cross-chain infrastructure.
Jumper Exchange launched as B2C flagship
LI.FI launched Jumper Exchange, a consumer-facing cross-chain swap and bridge interface that became its primary B2C product, supporting 20 chains at launch.
MetaMask Bridges beta launched, powered by LI.FI
Consensys released MetaMask Bridges in beta, with LI.FI integrated as one of two bridge aggregators powering cross-chain transfers within the MetaMask Portfolio dapp.
$5.5 million seed round led by 1kx
LI.FI raised $5.5 million in a seed funding round led by 1kx, with participation from Dragonfly Capital, Coinbase Ventures, Lattice Capital, and others.
Rebranded from Li.Finance to LI.FI
The project officially changed its name from Li.Finance to LI.FI, signaling a strategic focus on B2B infrastructure and abstraction of cross-chain complexity for developers.
First smart contract exploit — $600,000 stolen
An attacker exploited a vulnerability in LI.FI's pre-bridge swap feature, stealing approximately $600,000 from 29 wallets that had set infinite token approvals.
LI.FI founded in Berlin
Philipp Zentner, Max Klenk, and Berkant Rodeski co-founded LI.FI (originally Li.Finance) as a cross-chain bridge and DEX aggregation protocol, headquartered in Berlin, Germany.