Hyperbeat secures $ 5.2 million from Ether.Fi, electricity capital

Hyperbeat, an infrastructure of food performance of the protocol on the decentralized hyperliquidal grant, closed a round of overexcret seeds of $ 5.2 million co-directed by Ether.Fi Ventures and Electric Capital.

The increase will be used to develop their performance infrastructure for merchants, protocols and institutions that are exploited in the hyperliquid ecosystem.

La Ronde also attracted investments in Coinbase Ventures, Chapter one, Selini, Maelstrom, Digital Anchorage and Backers Community via hypercollective.

The hyperbeat serves as a native layer for hyperliquid, building a financial infrastructure without authorization which allows anyone to win, play and spend directly from its chain portfolio. It unlocks the yield generated by hyperliquid financing rates – accessible only accessible to sophisticated market players – and the packaging in simple and tokenized vaults.

The basic products of the hyperbeat ecosystem include Behype, a liquid token, a hyperbeat gain, high-efficiency chests on hyperevm, morphobeat, a credit layer allowing borrowing against safe positions and hyperbeat remuneration, an alternative to the protocol with traditional banking rails. With its Tracker portfolio, Hyperfolio, Hyperbeat is designed to give merchants, protocols and institutions a fully integrated way to negotiate, win and spend in

The news of the increase in seeds occurs while the total value of hyperliquid locking exceeds $ 2.1 billion and institutions are starting to develop greater interest in its ecosystem.

“Hyperbeat mixes strong technical execution with an authentic understanding of the hyperliquid community,” said Avichal Garg, a general partner of Electric Capital who co-directed the Tour, in a press release shared with Coindesk. “The hyperliquid has a fundamentally offbeat trading on the chain, and Hyperbeat builds the rest of the financial battery – starting with liquid stake, isolated loans, strategy chests and wallet tools.”

Read more: What is the next step for the hyperliquid media threshing token? What Wall Street say and analysts

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