Hyperliquid-based prop trading platform Hypernova raises $3 million in pre-seed funding
The Block
Hypernova has secured $3 million in pre-seed funding to develop its trustless, on-chain proprietary trading platform built on Hyperliquid.Summary
Hypernova, a proprietary trading platform integrated with Hyperliquid, has raised $3 million in an oversubscribed pre-seed round led by Lemniscap. The platform distinguishes itself by using smart contracts to automate payouts and employing a dynamic model that decides whether to take trader positions to market, aiming to solve transparency and liability issues found in traditional prop firms. With 250 traders already in its closed alpha, Hypernova plans to use the funds to bolster its payout reserve, expand its team, and prepare for a public launch within the next two months.
(Source：The Block)