ChainCatcher news, on-chain credit and yield platform Idle has completed a $1.1 million strategic financing round, led by RockawayX, with participation from Fasanara Digital. This round of financing brings Idle's total funding to $2.4 million. The company plans to use these funds to further develop on-chain credit infrastructure and more.Idle is a decentralized autonomous organization (DAO) that provides yield automation and hedging tools for the decentralized finance (DeFi) market. The platform has accumulated $300 million in liquidity, with a trading volume exceeding $2 billion.

ChainCatcher news, on-chain credit risk management company Cicada Partners has completed a $9.7 million Pre-Seed funding round, led by Choppa Capital, with participation from Bitscale, Bodhi Ventures, and Shiliang Tang. The funds raised will be used to provide seed capital for multiple new non-custodial lending pools and to conduct research and development on new blockchain lending use cases.

ChainCatcher news, the on-chain credit scoring protocol TopScore has announced its participation in the Chainlink BUILD program. By enhancing access to Chainlink's industry-leading oracle network services and technical support, as well as incentivizing greater security in the crypto economy, it accelerates the development of the ecosystem and the long-term adoption of Web3 data analytics and on-chain reputation, providing commitments for network fees and related credit products to the Chainlink community and service providers (including stakers).As a member of the KNN3 ecosystem applications, TopScore has long been an active participant and promoter of the Chainlink technology ecosystem. Participation in the BUILD program further advances the integration with the Chainlink ecosystem, providing scene-level data modules and scoring model support for applications related to Web3 data and on-chain behavior.TopScore aims to reshape the user reputation system on-chain by quantifying the value of user behavior both on-chain and off-chain, turning it into a true personal social asset, breaking the monopoly of credit ratings, and allowing user credit to flow freely across regions and platforms. Currently, TopScore supports the evaluation of social behaviors for ENS and Lens users, and will soon integrate evaluation matrices for governance behavior, DeFi behavior, and community/DAO participation, while also opening up access for more application scenarios.