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Articleblog.hoops.financeBastian Koh10mo ago

Hoops Finance is Winning. Here’s the Proof.

Hoops Finance, originating from a hackathon demo, has rapidly grown into a leading DeFi infrastructure on Stellar mainnet, securing $150K in Stellar Community Fund grants and winning multiple hackathons. The platform boasts strong traction with thousands of daily API requests, high user engagement, and tracks over $25M in TVL. It offers risk-assessed savings, AI analytics, and tools like Comet Swap to simplify DeFi for the masses.

DeFiSCFDeveloper Tools
Lumen Loop's take

In just over a year, Hoops Finance has transformed from a hackathon project into a powerful DeFi infrastructure layer on Stellar mainnet, backed by $150K in non-dilutive grants from Stellar Community Fund rounds #29 and #30. The team has achieved significant milestones, including acceptance into top accelerators like Myosin GTM and Draper University, and wins at the Blend Hackathon with Comet Swap and Myosin Hackathon CDMX with Etherfuse. Featured at events like ETH Denver and Consensus 2025, they've launched FlashPool Protocol and report impressive traction: 40-200 unique devs daily, 670+ unique frontend users, ~1M blockchain events indexed, and $25M+ TVL tracked with $21M daily volume. Hoops combines risk-assessed savings, AI-native analytics, Stellar indexing, and a unified API to make DeFi accessible and automated for the next 10 million users. They're inviting investors and partners as they prepare for mainnet expansion.

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