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  3. /Tom Schmidt
  4. /Briefing
Pre-Pitch Briefing

Tom Schmidt

General Partner at Dragonfly

SeedSeries ADeFiMEVInfrastructureTrading

Their Thesis

Early-stage crypto investor at Dragonfly with deep DeFi expertise. Focuses on novel financial primitives and infrastructure that expands what's possible in decentralized finance.

How to Pitch Them

Tom is deeply technical and DeFi-native. Skip the high-level pitch and go deep on mechanism design. Show you understand the on-chain dynamics and competitive landscape. He values founders who are power users of DeFi themselves.

What Excites Them

Novel DeFi primitives, MEV solutions, on-chain order flow dynamics, projects pushing the frontier of what's possible in decentralized finance.

What They Pass On

DeFi without understanding MEV implications

Recent Writing

Crypto Market Structureblog

Crypto market microstructure differs fundamentally from traditional finance due to 24/7 global trading.

Understanding Automated Market Makersresearch

Deep dive into AMM mechanics, impermanent loss, and capital efficiency.

Dragonfly Portfolio

Top Sectors

DeFi7
L1/L25
Infrastructure4
Exchange2
Layer 21

Stage Distribution

Series A8
Early3
Seed3
Series B3
Growth1
MakerDAODeFi
Early$25.0M
Cosmos / TendermintInfrastructure
Early$5.0M
Mina ProtocolL1/L2
Series A$15.0M
BybitExchange
Growth$5.0M
MatrixPortExchange
Series A$15.0M
EtherscanInfrastructure
Undisclosed$5.0M
LidoDeFi
Early$50.0M
Drift ProtocolDeFi
Seed$10.0M
SecuritizeInfrastructure
Series B$47.0M
MegaETHLayer 2
Seed$20.0M

+ 9 more investments. View fund →

← Full profile@tomhschmidtDragonfly website