Tracer is a new infrastructure play on DeFi. By enabling the creation of financial contract templates in the Tracer Factory, it allows anyone to create markets for any asset using any of the installed templates.

The Tracer Protocol has completed a sale of 50M TCR tokens for 3.75M DAI, giving its total supply a valuation of $75M at the sales end. It has since nearly doubled to $137M, according to CoinGecko. The auction ran for five days, ending on September 15, and it used the Gnosis batch auction system, so…