Onchain venture fund · ETH + SOL

Conviction is a long exposure.

Cylus Capital backs pre-seed and seed founders building on ETH and SOL — and stays with them while the cycle turns.

ETH· block
— — —
 
SOL· slot
— — —
 

The fixed point

The market is a rotating sky. Narratives rise, peak and set, and most capital spins right along with them. We'd rather be the fixed point. Cylus writes early checks into founders building on ETH and SOL, and holds through every phase of the cycle — the loud months and the quiet ones.

01 — Coverage

One ring. Two chains.

Our mark has always been two arcs. So is our thesis: we back builders on both chains, with the same conviction and the same patience.

ETH

The settlement layer.

Rollups, restaking and the deepest liquidity in DeFi. We back the teams scaling ETH's execution and the apps that settle on it.

  • L2 / L3
  • Restaking
  • DeFi
SOL

The throughput layer.

One fast global state, consumer apps and markets that clear in under a second. We back the teams turning SOL's speed into products people use every day.

  • Execution
  • Consumer
  • Markets

Two chains. One conviction.

keep scrolling
02 — Thesis

What we back.

Pre-seed to seed. The protocols, markets and plumbing that builders on both chains depend on.

01

Execution

L2 / L3, rollups, app-chains and the rails beneath them — the layers everything else runs on.

  • Rollups
  • App-chains
  • Sequencing
02

Markets

Onchain markets and primitives that clear without permission — AMMs, perps, lending and stable rails.

  • AMMs
  • Perps
  • Lending
03

Infrastructure

Indexers, oracles, tooling — the unglamorous middle every builder quietly depends on.

  • Indexers
  • Oracles
  • Dev tooling
Round
Open
Stage
Pre-seed → Seed
Chains
ETH + SOL
Warm intro
Not required
03 — Treasury

Our books are onchain.

Not a pitch deck — the fund's actual wallets, read live from both chains. Every position and its weight, in real time. Nothing to take on trust.

ethwallet coming online
sol2DU4…afbH
Reading…both chains
04 — Portfolio

The first checks are being written.

No portfolio to inflate yet. Companies appear here when they join — not a day before.

No. 001 open

Yours?

Submit a startup

No. 002 open

ETH · SOL

No. 003 open

ETH · SOL

No. 004 open

ETH · SOL

05 — Submit

Show us what you're building.

It goes straight to a human. No warm intro, no deck, no auto-reply pretending to be a person.

  1. 1

    Send it

    Two minutes. What it is, why now, where to reach you.

  2. 2

    A human reads it

    Every submission is read by a person, not scored by a bot.

  3. 3

    We talk

    If it fits the thesis, we reach out on the contact you left.

  4. 4

    We commit

    Capital goes out onchain — and we stay through the cycle.

Building on
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