The Atlas Round 3 Presale has officially concluded
To every person who participated in Round 3 and believed in our vision—thank you! 🩷
Atlas Vault Round 3 Results
- 91,308.70
$ATLAS sold
- 73,046.96 ADA equivalent raised.
Round 3 did not meet our expectations.
We believe a combination of challenging market conditions and recent security incidents across the Cardano ecosystem contributed to investors becoming more cautious with capital in the short term. That doesn't change our roadmap we are now focused on completing the security audit, launching the pre-deposit and points program, and preparing Atlas for mainnet.
However, we want to be clear: Round 3 was never a make-or-break dependency for Atlas or its liquidity strategy.**
The round was designed to bootstrap some initial protocol-owned liquidity ahead of our larger pre-deposit and points program. Its purpose was to accelerate our plans—not determine whether they move forward.
Here is what happens next:
1⃣Security Audit
Our immediate priority is working on a full security audit of Atlas.
Protecting the protocol and user funds comes before the public mainnet launch. Recent incidents across the ecosystem have reinforced why speed must never come at the expense of security.
We take this responsibility extremely seriously.
2⃣Points and Pre-Deposits
Our CTO,
@vataops , has been building an advanced points system directly into the Atlas platform infrastructure.
This is designed to become our primary liquidity engine—rewarding participation and supporting sustainable liquidity growth over time.
If you understand the role that points and community participation played in Hyperliquid’s growth, you will understand the direction Atlas is taking.
More details will be released in August as development and the audit progress.
3⃣Alpha Group Proposal
Atlas has been named as one of the partners in Alpha Group’s proposed 120M ADA initiative.
The proposal remains subject to approval, but if successful, it could create a significant opportunity for Atlas and the wider Cardano DeFi ecosystem :eyes:
4⃣Future Vault Liquidity
Following mainnet, we intend to conduct future vault funding rounds based on the protocol’s liquidity requirements and in more favorable market conditions.
The remaining unsold Round 3 tokens will be available for strategic OTC sales with larger investors, projects and institutions. Interested parties can contact the team directly.
All funds raised through Round 3 and strategic OTC allocations will follow the original structure:
• 80% used to mint stablecoins for the Atlas vault
• 20% deployed as on-chain
$ATLAS DEX liquidity
All Round 3 tokens will be distributed on Monday, 3 August. We will provide updates as distribution begins.
The vision with Atlas is to build something that generated real reveue regarless of market conditions. Perps are the number one revenue generator in all of Defi. Time is on our side.
Next comes the audit, points system, pre-deposits and public mainnet launch.
We keep building...