Imperial raises $1.5M seed to build Solana perps trading stack

What's the deal? ImperialDealroom has a profile for this one. Try Dealroom →, a Solana-based perpetual futures trading platform, has raised $1.5 million in seed funding at a $15 million valuation. Foundation Capital led the round, with backing from Solana ecosystem angel investors.

What's the endgame? Imperial will use the funds to expand its product portfolio. That includes a perpetual contract aggregator, a lending platform, and its flagship project, Armada.

The signal: Backing an early-stage perps platform underscores continued investor appetite for Solana's derivatives infrastructure — a corner of decentralised finance where traders increasingly want on-chain alternatives to centralised exchanges.

Read more: bbx.com

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