# Mode Network

**Source:** https://www.startuphub.ai/startups/mode-network
**Profile type:** Startup

> Optimized L2 blockchain for DeFi applications and ecosystem growth, focusing on AI agents and financial applications.

## About

Mode Network is an AI-powered Layer 2 scaling solution built with Optimism, designed to scale DeFi to billions of users through onchain agents and AI-driven financial applications. It hosts over 50 DeFi apps and offers a native Perpetuals DEX powered by AI, enabling users to trade and earn yield. Mode serves DeFi protocols and users by providing secure L2 infrastructure, AI trading agents, and opportunities to earn OP and yield.

## Key facts

- **Slug:** mode-network
- **Website:** https://mode.network
- **Location:** London, United Kingdom
- **Founded:** 2018-06-07
- **Operating status:** Active
- **Total funding:** $5M
- **Sectors / tags:** DeFi, Blockchain, Web3, Layer 2, Fintech, Crypto Exchange, Platform
- **Social:**
  - Twitter: https://twitter.com/modenetwork
  - GitHub: https://github.com/mode-network

## Frequently asked

### What does Mode Network do?

Mode Network is an AI-powered Layer 2 scaling solution built with Optimism, designed to scale DeFi to billions of users through onchain agents and AI-driven financial applications. It hosts over 50 DeFi apps and offers a native Perpetuals DEX powered by AI, enabling users to trade and earn yield. Mode serves DeFi protocols and users by providing secure L2 infrastructure, AI trading agents, and opportunities to earn OP and yield.

### What is Mode Network's valuation?

StartupHub estimates Mode Network's effective valuation at $20.8M (range $13.3M to $31.8M, 12% confidence), based on comparable companies in the sector.

### How much funding has Mode Network raised?

Mode Network has raised a total of $5M in funding. The most recent round on record is Grant.

### Where is Mode Network headquartered?

Mode Network is headquartered in London, United Kingdom.

### When was Mode Network founded?

Mode Network was founded in 2018.

### What industry does Mode Network operate in?

Mode Network operates in DeFi, Blockchain, Web3, Layer 2, Fintech, Crypto Exchange.

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