what's daylight?
Daylight is a decentralized physical infrastructure network (DePIN) protocol designed to decentralize the energy grid by enabling homeowners to produce, store, and share power through distributed solar and battery systems. It transforms homes into nodes in a scalable network that supports grid stability and abundance, particularly amid rising demands from AI, EVs, and data centers. The project uses blockchain to incentivize participation, allowing users to earn rewards for contributing energy resources and engaging in network activities. At its core, Daylight introduces DayFi, a DeFi protocol that tokenizes energy infrastructure, connecting capital to real-world assets like electrons—the fundamental unit of electricity. This creates new financial exposure to energy markets, enabling decentralized financing for grid expansion without relying on traditional centralized utilities or billion-dollar power plants. The protocol programs the grid via smart contracts, facilitating onchain transactions for energy production, storage, and distribution. Daylight's testnet allows early participants to earn Lumens through contributions, referrals, and social engagement, building toward a full mainnet launch. Partnerships, such as with DIMO for EV integration and Base for onchain NFTs, highlight its focus on composability within the broader crypto ecosystem, aiming to make energy as programmable and abundant as internet resources.
Featured by Delphi for RWA energy expansion, Daylight launched DayFi and is a16z-backed.
Nominated for "Best In Yield" award by The Rollup, with the winner to be announced on 2025-12-30.
Featured in Delphi Digital's 2026 Markets Year Ahead report as a key example of RWA expansion into the energy sector via virtual power plants.
DayFi product launches first on Plasma blockchain. (Tweet ID: 1999476546122448989)
Mentioned as being backed by a16z venture capital.
Releases report on token stack architecture featuring GRID, DAY, and GTM tokens.
Launches pre-deposit vaults on December 16 at 1:00 PM UTC with $50M initial cap, 2-month lock-up, accepting USDS and USDT, managed by K3 Capital.
Launches USDS deposit vault on Plasma in partnership with Sky Ecosystem.
Partners with DIMO Network to integrate electric vehicles into the grid and uses Base blockchain for onchain infrastructure powering NFTs and transactions.
RWA specialist Centrifuge debuts tokenization service with Daylight as the first builder on its new Whitelabel platform to tokenize U.S. energy infrastructure assets.
Collaborates with Plasma to launch GRID stablecoin and sGRID, a yield-bearing token backed by energy revenues.
Framework leads the $75M funding round, and DayFi launches as a yield protocol linking energy revenues from the decentralized network to crypto capital with electricity-backed returns.
The $75M funding round breaks down to $15M in equity led by Framework Ventures with participation from A16z Crypto, Coinbase Ventures, Lerer Hippeau, M13, Room40 Ventures, EV3, Crucible Capital, and Not Boring Capital, plus $60M in non-recourse project finance led by Turtle Hill Capital. The project introduces DayFi, a yield protocol linking DeFi investors directly to electricity revenue from its energy systems.
Completed a $75 million funding round for a decentralized energy network focused on distributed solar and storage systems using DeFi to finance installations and create on-chain yield opportunities.
Daylight raises $75M in funding to decentralize the electric grid.
Physical product DC-1 begins shipping this week with additional June shipments planned.