Diamond Protocol
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Diamond Protocol was a Singapore-based DeFi protocol founded in 2021 under OMO Group (led by CEO Evie Zhang, which also owned Coinomo and OMO Finance). It was a codeless, modular vault protocol: DeFi strategists could build on-chain structured products to earn sustainable yields on crypto assets without writing code. Its main product, Unibot, was the first leveraged liquidity provision platform for Uniswap v3, letting users provide liquidity with leverage, hedging and automation. The company raised $500,000 in an early-stage round in April 2022 from Tokocrypto, IVC and Perpetual Protocol.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Launched
OMO Group launched Diamond Protocol, a codeless modular vault protocol for DeFi structured products on Arbitrum, raising an early-stage round in April 2022 from Tokocrypto, IVC and Perpetual Protocol.
- Out of Business
PitchBook lists Diamond Protocol as Out of Business as of August 4, 2025. No public statement explaining the closure was published.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.