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Eden Network is a technology company.
Eden Network has raised $17.0M across 1 funding round.
Key people at Eden Network.
Eden Network was founded in 2021 by Caleb Sheridan (Co-Founder).
Eden Network has raised $17.0M in total across 1 funding round.
Eden Network developed a protocol and tools to manage Miner Extractable Value (MEV) on the Ethereum blockchain. Offerings like Eden RPC, Eden Relay, and Eden Bundles minimized MEV's negative impacts. This technical approach established a priority transaction network, ensuring predictable transaction inclusion for users and aligning incentives for block producers and MEV searchers.
Caleb Sheridan founded Eden Network in 2020, driven by the complexities of MEV on Ethereum. His insight was to create an equitable transaction ordering system. The company aimed to protect traders from frontrunning and ensure fairer value distribution among network participants, enhancing the integrity of the decentralized network.
Eden Network primarily served Ethereum validators, MEV searchers, and general users seeking protected transaction processing. Its mission was to maximize value for all participants within the Ethereum network. The company envisioned a transparent and resilient transaction environment, fostering fair trading and consistent block production.
Eden Network was founded in 2021 by Caleb Sheridan (Co-Founder).
Eden Network has raised $17.0M in total across 1 funding round.
Eden Network's investors include Multicoin Capital, Andre Cronje, Joshua Lim, Alameda Research, DeFiance Capital, GSR, Jump Capital, Wintermute.
Key people at Eden Network.
Eden Network is a technology company specializing in multichain blockchain infrastructure, primarily serving the cryptocurrency and blockchain sectors with a focus on Ethereum and Proof-of-Stake blockchains. It provides advanced services such as protection against transaction front-running and sandwich attacks, tools for Ethereum validators and builders, and private relayers that prioritize user transactions. Eden Network’s platform aggregates multiple endpoints and allows validators to select the most profitable block-building strategies, enhancing transaction security and block rewards. Post-Ethereum Merge, Eden is pivoting to optimize block production efficiency and maximize yield from liquid staking tokens, partnering with platforms like Lido and Rocket Pool to boost returns for users[1][3][4].
Founded in London, Eden Network emerged to address the challenges of maximal extractable value (MEV) exploitation in Ethereum transactions, particularly front-running and sandwich attacks that harm users. The founders, with deep expertise in blockchain validation systems, developed Eden as a MEV protection protocol closely integrated with Ethereum miners and validators. Early traction came from its ability to offer higher block rewards and transaction priority through its Eden Rocket RPC and private relayers, gaining partnerships with prominent staking and validator services such as Chorus One and Everstake. Anticipating Ethereum’s transition to Proof-of-Stake, Eden proactively expanded its focus to include yield maximization on liquid staking tokens and broader multichain infrastructure[1][3][4].
Eden Network rides the wave of blockchain infrastructure evolution, addressing critical issues in transaction fairness and validator efficiency amid Ethereum’s shift from Proof-of-Work to Proof-of-Stake. This timing is crucial as MEV strategies evolve and the demand for secure, efficient, and profitable block production grows. Market forces favor protocols that can protect users from exploitative MEV while enhancing validator returns and user yields on liquid staking assets. Eden’s role as a multichain infrastructure provider positions it as a key enabler in the decentralized finance (DeFi) ecosystem, influencing how transactions are processed and how staking yields are optimized across networks[1][3].
Eden Network is poised to expand its influence by deepening its integration with Ethereum’s Proof-of-Stake ecosystem and scaling its yield generation technology across multiple blockchains. Future trends shaping Eden’s journey include the increasing adoption of liquid staking, the growing complexity of MEV strategies, and the broader institutionalization of blockchain validation services. As the blockchain ecosystem matures, Eden’s ability to combine MEV protection with yield maximization and validator tools will likely enhance its role as a foundational infrastructure provider, driving more secure and efficient decentralized networks. This evolution ties back to Eden’s core mission of maximizing value extraction while protecting users in a rapidly changing blockchain landscape[1][3][4].
Eden Network has raised $17.0M across 1 funding round. Most recently, it raised $17.0M Seed in September 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2022 | Geode Finance | $3.0M Seed | Multicoin Capital | Ciara Sun, Caleb Sheridan, Benoît Bosc, Yield Yak |
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2021 | $17.0M Seed | Multicoin Capital | Andre Cronje, Joshua Lim, Alameda Research, DeFiance Capital, GSR, Jump Capital, Wintermute |