Crypto VC Paradigm Leads $11.6M Round for Kuru Labs’ DeFi Liquidity Engine

Key Points

1. Kuru Labs secured $11.6 million in Series A funding led by crypto VC Paradigm, which also backed Monad in a $225 million raise last year.

2. The funding will support the creation of a hybrid liquidity hub featuring a central-limit orderbook (CLOB) and automated market-making (AMM) for Monad, a high-speed Ethereum-compatible blockchain.

3. Kuru Labs aims to unify liquidity across the Monad ecosystem with its CLOB-AMM model, enhancing composability and democratizing access to liquidity provisioning.

4. The project is designed to bring performant trading infrastructure to the Ethereum Virtual Machine (EVM) for the first time, leveraging Monad's decentralized network.