Fundraise

HyperLink raises $2.5M to chase 10% of Hyperliquid trading volume

What's the deal? HyperLinkDealroom has a profile for this one. Try Dealroom → has raised $2.5 million to grow its trade-routing business on HyperliquidDealroom has a profile for this one. Try Dealroom →. The round drew backing from AllianceDealroom has a profile for this one. Try Dealroom →, North Island VenturesDealroom has a profile for this one. Try Dealroom →, ReverieDealroom has a profile for this one. Try Dealroom →, Node CapitalDealroom has a profile for this one. Try Dealroom →, Breed, and smartestmony.hlDealroom has a profile for this one. Try Dealroom →.

By the numbers: HyperLink's routing volume hit $254 million last month. That figure accounts for 0.1% of Hyperliquid's total transaction volume.

What's the endgame? The company wants to capture 10% of Hyperliquid's trading volume — a 100-fold jump from its current share.

The signal: The round reflects investor appetite for infrastructure built on top of Hyperliquid, with capital flowing to tools that route and aggregate on-chain trading activity.

Read more: bbx.com

Image credit: Generated with Gemini

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