Perp DEX aggregator Liquid completes $7.6 million seed round led by Paradigm

BlockBeats News, November 4, according to The Block, crypto startup Liquid has integrated several decentralized perpetual contract trading platforms (including Hyperliquid, Lighter, and Ostium) into a single non-custodial application, and has raised $7.6 million in a seed round.

Liquid founder Franklyn Wang stated that this round of financing was led by Paradigm, with participation from General Catalyst and several angel investors, including Ashwin Ramachandran, head of Brevan Howard Digital, Opendoor co-founder Eric Wu, Lighter founder Vlad Novakovski, and crypto trader smartestmoney.hl.

Wang said that this round of financing was conducted in the form of equity and was completed in just five days in March. He did not comment on the post-financing valuation.