Kuru Labs, a decentralized finance (defi) The startup built on the Monad blockchain has closed a $11.6 million Series A funding round led by crypto-focused investment firm Paradigm.
A salary increase will help create a central order (clob) Combined with Monad’s automatic marketing capabilities, Monad is a super fast version of Ethereum and is also supported by the paradigm. Last year, a salary increase of $225 million.
These debris are trading systems that match traders’ buying and selling based on time and price priority. this Send an order At a predefined price, it can only be executed if the price limit is matched.
Also participating in Kuru Labs Raise is a large number of angel investors, including Viktor Bunin (very neutral)Zagabond, Tristan Yver, Alex Watts, Jordan Hagan, 3Nes, Will Price, Shreyas Hariharan, Auri and Joe Takayama, among others.
“Kuru Labs is committed to establishing Monad’s main liquidity center, the first time that will be represented by the Central-Limit ordering manual as well as an integrated discovery and trading terminal, user liquidity provision and Token Launchpad,” the company said in a company. Blog Posts on Monday.
It said: “Powered by Monad’s global decentralized network, KURU will unify liquidity through our hybrid integrated CLOB-AMM model that retains syntheticity and gives access to liquidity provisions.”
