Skip to main content
AVOID.NET
Sign in

Giddy

avoid.net/giddy→25/100·62% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·2xMSq3…TnP3

Summary

Giddy (also branded DefiQ, Inc.) was a Draper, Utah-based self-custody DeFi wallet and yield-farming platform that launched its GDDY token on the Polygon network in April 2022. The project raised over $15 million from VC investors including Pelion Venture Partners, but has since shut down — leaving the GIDDY token trading more than 99% below its all-time high of approximately $0.35 in May 2022. ZachXBT has flagged the entity as a concern in the crypto trust-intelligence space, and community reviews allege that team members sold tokens prior to the app's public launch and that advertised staking yields were never delivered.

Connected Entities

3 entities · 60 linked investigations
Organizations
□Giddy□Polygon54□ZachXBT82
Relationships
  • Giddy→mentioned with→Polygon(80%)
  • Giddy→mentioned with→ZachXBT(70%)
Also appears in
Polygon·54StableMagnet·2Shibarium·28Dean Daghita / CMDSS (Command Services and Support)·0Nexera·32SafePal·42BearnFi·12Gurhan Kiziloz·0PAAL AI·28JUDAO·18+ 50 more

Connected Through

2 shared actors · 564 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about Giddy?

Timeline(12 events)

May 2021

Giddy (DefiQ, Inc.) founded by Eric Parker and Ethan Parker in Draper, Utah.

7 April 2022

GIDDY token launched on the Polygon network via Token Generation Event (TGE).

10 April 2022

Token Generation Event (TGE) concluded; token listed on Polygon DEXes.

April 2022

Giddy announces $8 million seed round led by Pelion Venture Partners, with notable angel investors including Geremy Mustard (Fortnite co-creator).

9 May 2022

GIDDY token reaches all-time high of approximately $0.35 on Polygon DEXes.

November 2022

FTX collapses; Giddy publicly positions itself as a safer self-custody alternative, with 100,000 users on waitlist.

31 January 2023

Utah Business publishes article noting Giddy was unaffected by FTX collapse but some Utah crypto investors lost big in the broader market.

April 2023

GIDDY staking rewards distribution program ends (12-month distribution of 57% of supply concludes).

27 April 2023

Giddy raises additional $6.9 million round with continued Pelion, Peak, and Clarke Capital participation, bringing total funding to over $15 million.

22 November 2023

Last documented Giddy news/activity entry on CryptoRank tracker.

2024

Estimated period when Giddy ceased active operations (exact date not publicly confirmed).

May 2026

giddy.co displays only a shutdown notice; GIDDY token trading at approximately $0.0001 or below — more than 99.9% below all-time high.

Provenance & Audit Trail
Anchored on SolanaVerify on-chain11 Wayback Archivessrc:defillama

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 11 of 16 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:11 AM

last updated: 9/15/2026, 5:10:49 PM

5 views

avoid.net — verified advice for a post-truth world