![[Action required] Your RSS.app Trial has Expired.](https://8v.com/info/wp-content/uploads/2026/01/rss-app-cfAqZL-75x75.png)
By , |Edited by
Jul 7, 2025, 5:51 p.m.
- Kuru Labs’ vision is to create a central-limit orderbook (CLOB) combined with automated market-making capabilities for Monad.
- Paradigm also led a $225 million raise for Monad last year.
Kuru Labs, a decentralized finance (DeFi) startup built on the Monad blockchain, has closed an $11.6 million Series A funding round led by crypto-focused investment firm Paradigm.
The raise will help create a central-limit orderbook (CLOB) combined with automated market-making capabilities for Monad, a super-fast version of Ethereum, which was also backed by Paradigm in a
STORY CONTINUES BELOW
The CLOBs are trading systems that match traders’ buy and sell orders based on time and price priority. The at a pre-defined price and would only get executed if the price limit is matched.
Also participating in the kuru Labs raise was a slew of angel investors, including Viktor Bunin (Credibly Neutral), Zagabond, Tristan Yver, Alex Watts, Jordan Hagan, 3nes, Will Price, Shreyas Hariharan, Auri, and Joe Takayama, among others.
“Kuru Labs is dedicated to building the premier liquidity hub for Monad, bringing a performant central-limit orderbook to the EVM for the first time along with integrated discovery and trading terminal, user liquidity provision, and token launchpad,” the company said in a on Monday.
“Powered by Monad’s globally decentralized network, Kuru will unify liquidity across the ecosystem with our hybrid integrated CLOB-AMM model that preserves composability and democratizes access to liquidity provisioning,” it said.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to . For more information, see .
Ian Allison is a senior reporter at CoinDesk, focused on institutional and enterprise adoption of cryptocurrency and blockchain technology. Prior to that, he covered fintech for the International Business Times in London and Newsweek online. He won the State Street Data and Innovation journalist of the year award in 2017, and was runner up the following year. He also earned CoinDesk an honourable mention in the 2020 SABEW Best in Business awards. His November 2022 FTX scoop, which brought down the exchange and its boss Sam Bankman-Fried, won a Polk award, Loeb award and New York Press Club award. Ian graduated from the University of Edinburgh. He holds ETH.
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. .
Top Stories
![[Action required] Your RSS.app Trial has Expired.](https://8v.com/info/wp-content/uploads/2026/01/rss-app-cfAqZL-350x250.png)
