Kuru Labs

Kuru Labs is building a decentralized exchange (DEX) on the Monad blockchain, a high-performance, Ethereum-compatible Layer 1 platform. The core of its offering is a hybrid model that merges the Automated Market Maker (AMM) functions common in DeFi with the Central Limit Order Book (CLOB) architecture used in traditional finance. This "hybrid CLOB-AMM model" is designed to ensure there is always liquidity for traders, as each order book has a default market maker that follows an AMM strategy. This structure provides the benefits of placing limit orders natively while ensuring liquidity, though not always at the best price. This approach allows Kuru Labs to operate without necessarily relying on traditional market makers.

The platform is designed to be the primary liquidity hub for the Monad ecosystem. It will feature a smart aggregator, Kuru Flow, an integrated trading terminal, user liquidity provisioning, and a token launchpad. By optimizing for the EVM and designing for low, constant gas costs for market makers, Kuru aims to achieve tighter spreads and deeper liquidity on its order books. The company's goal is to unify liquidity while preserving composability and democratizing access to liquidity provisioning.

The firm has secured significant financial backing, starting with a $2.2 million seed round in July 2024, led by Electric Capital, with participation from Brevan Howard Digital and CMS Holdings. Subsequently, in July 2025, Kuru Labs raised $11.5 million in a Series A funding round led by Paradigm. This round also saw participation from numerous angel investors. The capital is intended to accelerate the development of its platform, scale its team, and prepare for a mainnet launch on Monad.