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Spicenet

avoid.net/spicenet→58/100·62% conf.
[VERIFIED]

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Summary

Spicenet is an early-stage DeFi interoperability protocol founded in 2023 and headquartered in Kingston, Canada, with a technical hub in Bengaluru, India. The project raised $3.4 million in a December 2024 seed round led by Hack VC and Magnus Capital, and is building a cross-chain brokerage network comprising two products — Spice Flow (multi-chain distribution) and Spice Edge (execution layer). As of May 2026, Spicenet remains pre-mainnet; no regulatory actions, fraud allegations, or security breaches have been publicly documented.

Connected Entities

1 entities
Organizations
□Spicenet
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    Have evidence about Spicenet?

    Timeline(9 events)

    2023

    Spicenet founded in Kingston, Canada by Karthik Pariti and Matthew McConnell. Initially conceived as a purpose-built sovereign rollup for the PepperDEX derivatives protocol.

    Tracxn Company Profile

    28 May 2024

    PepperDEX Twitter account announces SpiceNet, describing it as where 'speed meets decentralization,' marking early public visibility for the project.

    PepperDEX on X

    11 December 2024

    Spicenet closes $3.4 million seed round led by Hack VC and Magnus Capital, with participation from 8+ institutional investors and multiple angels including Zaki Manian and John Adler.

    Spicenet Raises $3.4 Million in Seed Funding — Blocmates

    September 2025

    Spice Flow testnet launches. The distribution SDK goes live on multiple testnets including Ethereum Sepolia, Arbitrum, and Citrea.

    Spicenet Roadmap — Spicenet Blog

    October 2025

    Linera announces partnership with Spicenet, integrating Spice Flow and Spice Edge with Linera's microchain architecture for real-time cross-chain execution.

    Linera x Spicenet Partnership

    20 November 2025

    Spicenet joins the Chainlink BUILD program, adopting Chainlink as its exclusive oracle and cross-chain interoperability infrastructure. SPICE token supply allocated to Chainlink stakers as part of the arrangement.

    DeFi Interoperability Protocol Spicenet Joins Chainlink's BUILD — CryptoTimes

    26 November 2025

    Hashlock completes comprehensive security audit of Spicenet codebase, awarding its highest 'Hashlocked' rating. Audit covers Spice Edge, Spice Flow, ZK proof integrations, and Merkle tree implementations.

    Spicenet Achieves Hashlocked Rating in Comprehensive Security Audit — CoinGecko

    December 2025

    First Spice Flow Devnet goes live, enabling bridge-free trading via BrokexFi from Arbitrum and Base using Spicenet's infrastructure, in collaboration with Linera.

    Linera on X

    February 2026

    Spice Edge testnet launches. The composable execution API/SDK connecting to Derive, Hyperliquid, Uniswap, and other liquidity venues becomes available to developers.

    Spicenet Roadmap — Spicenet Blog
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain19 Wayback Archives

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (3 events). 19 of 25 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-code-investigator

    generated: 5/30/2026, 5:03:51 AM

    last updated: 7/27/2026, 4:15:13 AM

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