Daylight Launches DayFi on Ethereum to Build a Decentralized Energy Capital Market

Industry outlets report that Daylight, a decentralized energy startup backed by a16z crypto and Framework Ventures, unveiled a new protocol on Ethereum this week to convert electricity into income-generating crypto assets. The initiative explores tokenizing power flows to generate tradable digital instruments and expand crypto-native liquidity in energy markets.

Dubbed DayFi, the protocol is positioned as a vehicle to build a decentralized energy capital market, inviting institutional and retail participants to access energy-related yield through blockchain-enabled assets. Daylight founder Jason Badeaux noted in an interview that the project seeks to bridge traditional energy economics with crypto liquidity, aligning generation assets with scalable on-chain economics.