Arrakis Finance is a decentralized market-making protocol on Uniswap V3 designed to simplify the process of creating concentrated liquidity positions. It allows users to manage their liquidity more efficiently in a more automated and non-custodial way.
In Q4 2022 to Q1 2023, the project closed two funding rounds, securing over $4M from some tier 2 and tier 3 funds including Polygon Ventures, Accel, Uniswap Labs, and others.