Solana-based DeFi project Exponent has raised $2.1 million in funding, with RockawayX leading the investment.

BlockBeats News, November 22nd, according to official sources, Solana-based DeFi project Exponent announced the completion of a $2.1 million fundraising round, led by RockawayX, with participation from Solana Ventures, Cherry Ventures, Mechanism Capital, Robot Ventures, and others.

It is reported that Exponent's flagship product, Income Tokens, has introduced a new asset class to Solana DeFi. Regardless of market fluctuations, they allow participants to earn fixed income on Solana (for example, on a lending protocol).