Crypto VC Paradigm Leads $11.6M Round for Kuru Labs’ DeFi Liquidity Engine

Crypto VC Paradigm Leads $11.6M Round for Kuru Labs’ DeFi Liquidity Engine

The raise will help build an on-chain orderbook on super-fast blockchain Monad.

Kuru Labs Bags $11.5M Seed Round to Build Hybrid DEX Platform on Monad

Quick take: The company plans to use the funds to accelerate the development of its hybrid decentralised exchange platform that blends centralised limit ordering with automated market making. The platform is built on the high-performance Ethereum-compatible layer-1 blockchain Monad. Kuru Labs also raised $2.2 million in a seed round led by Electric Capital in July 2024. Kuru Labs, a crypto startup building on Monad, has raised $11.5 million in …

Kuru Labs’ $11.6m round sets stage for the ultimate DEX experiment

What if Uniswap’s model isn’t the endgame? Kuru Labs, backed by Paradigm’s latest investment, is testing that theory with an audacious plan to replace AMMs entirely with an on-chain orderbook. Success could redefine DeFi’s trading infrastructure. On July 7, Kuru…

Kuru Labs Raises $11.6M to Build CLOB-AMM Infrastructure on Monad Blockchain

Decentralized finance startup Kuru Labs has secured $11.6 million in Series A funding to develop a hybrid central-limit order book (CLOB) and automated market maker (AMM) on the Monad blockchain. The round was led by Paradigm, the crypto-focused venture capital firm that also backed Monad with $225 million in 2023. Kuru Labs aims to create a high-performance liquidity hub tailored for Monad, a high-speed, Ethereum-compatible blockchain. The proj…

Paradigm leads $11.5 million funding round in Kuru Labs, a decentralized exchange blending CLOBs and AMMs

Kuru blends AMM functionality with the central limit order book (CLOB) architecture on the Monad Layer 1 blockchain.