Key milestones and important events in this wiki's history
1st January 2024
River was founded in 2024, initially operating under the name Satoshi Protocol, with the goal of addressing liquidity fragmentation in DeFi.
1st July 2024
The project raised $2 million in a seed funding round co-led by CMS Holdings and RockTree Capital to develop its chain-abstraction system.
1st August 2025
River publicly announced its chain-abstraction stablecoin system, revealing its Omni-CDP module built on LayerZero and early traction of over $400M TVL.
1st September 2025
The River protocol officially went live on the Ethereum mainnet, enabling native satUSD minting and the deployment of its Smart Vault feature.
1st September 2025
The native governance and utility token, $RIVER, was launched and became available for trading, alongside the start of the S3 Airdrop program.