Acala is the decentralized financial hub of Polkadot.The mission of Acala is to support and nurture the financial applications of the true decentralized web, or Web 3.0, for a more open and fair future. The drivers of this mission are delivering financial stability, liquidity and accessibility for all. 

While Polkadot provides a scalable trust layer, Acala has been building a DeFi-optimized layer-1 blockchain with a suite of financial applications including a multi-collateralized stablecoin, trustless staking derivatives (Liquid DOT) and a unified AMM decentralized exchange to power innovation in the open finance space.
Acala has received several Web3 Foundation grants and has backing from top-notch supporters like Pantera and Polychain Capital.