Avalanche (AVAX) has recently rolled out its Granite upgrade, which is intended to improve transaction efficiency and support broader adoption. Despite these developments and reports that the network hosts over $3.4 billion in tokenized assets, its DeFi sector has also been reported to decline by around $1.5 billion since October, and AVAX price action has remained below key resistance levels.
Against that backdrop, some newer projects are presenting themselves as alternatives focused on non-custodial tooling and user control. GeeFi is one such project, describing its products as decentralized tools intended to help users manage crypto assets without relying on custodians.
Context: market uncertainty and custody preferences
Avalanche’s Granite upgrade is presented as a step toward improving usability and security features. More broadly, periods of volatility often renew attention on the trade-offs between centralized and non-custodial services, including issues such as account access, counterparty risk, and user responsibility for key management.
GeeFi describes its offering as a non-custodial ecosystem in which users retain control of their private keys while accessing features such as asset management and trading tools. Claims about security or outcomes are project-provided and should be evaluated alongside typical risks associated with self-custody, smart contracts, and market volatility.
Token sale update
GeeFi is conducting a token sale for its GEE token. According to the project, the sale has raised over $300,000 and sold 6.2 million tokens as of the time of writing. Any figures cited by the project are not a guarantee of future demand, liquidity, or price performance.
GeeFi Wallet overview
The GeeFi Wallet is positioned by the project as a multi-chain application supporting more than 14 networks, including Bitcoin and Ethereum. The project says the app includes common wallet functions such as sending, receiving, swapping, and bridging assets. GeeFi also states that an Android version is available, with an iOS version planned.
Product roadmap (project-described)
GeeFi says it is developing additional products, including a GeeFi HUB and a decentralized exchange (DEX), as well as a crypto card intended to enable spending where card networks are accepted (subject to availability and partner terms).
The project has also mentioned a future staking feature and has referenced a potential APR of up to 55%. If implemented, staking terms can change over time and rewards are not guaranteed.
Project links (for reference)
Website – geefi.io
Twitter/X – @GeeFiOfficial
This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
