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Paradigm Leads $7.6 Million Seed Funding for Liquid Perp DEX Aggregator

Paradigm Leads $7.6 Million Seed Funding for Liquid Perp DEX Aggregator

Liquid announces $7.6M seed raise led by Paradigm, integrating Hyperliquid, Lighter, and Ostium into its non-custodial perpetuals trading app.

HYPE

Summary

Liquid, a decentralized perpetuals aggregator, officially announced a $7.6 million seed funding round led by Paradigm, with participation from General Catalyst and multiple angel investors. The funds will support integration of platforms such as Hyperliquid, Lighter, and Ostium into Liquid’s non-custodial app, enhancing its aggregated perpetual futures trading capabilities. This seed round underscores significant institutional and angel interest in Liquid's approach to decentralized derivatives trading.

Terms & Concepts
  • Perpetual DEX: A decentralized exchange offering perpetual futures contracts without an expiry date.
  • Seed Funding: Initial capital provided to a startup to support product development and market entry.
  • DEX Aggregator: A platform that sources liquidity from multiple decentralized exchanges to provide users with better pricing and execution.