- Kuru Labs, building a next-gen hybrid DEX on Monad, has raised $11.6M in Series A funding led by Paradigm, with support from Framework Ventures and Electric Capital.
- The funding marks a major vote of confidence in Monad's high-performance DeFi potential, as Kuru Labs aims to be its flagship liquidity hub.
Kuru Labs, a leading decentralised exchange (DEX) initiative, has raised $11.6 million in a Series A funding round led by Paradigm, a top crypto venture capital firm, in a significant boost for the Web3 ecosystem.
The July 9, 2025, release highlights the growing trust of investors in the Monad blockchain and its ability to transform decentralised finance (DeFi).
Kuru Labs wants to create a hybrid DEX that combines the security and openness of decentralised platforms with the effectiveness of controlled exchanges.
Kuru's platform, which is based on the Monad blockchain, well-known for its high-throughput and low-latency characteristics, claims to provide lightning-fast transactions together with an improved user experience.
To serve both institutional and individual traders, the DEX will combine automated market-making with sophisticated order book features.
Notable investors like Framework Ventures and Electric Capital also participated in the investment round, indicating that Kuru's idea has great backing.
“We are grateful to all of our investors for their confidence in us, and for the vibrant Monad and Kuru communities’ continuous support,” the Kuru Labs team stated. “We look forward to launching on mainnet and building the decentralized liquidity hub for the Monad ecosystem!”
Kuru Labs' hybrid DEX is anticipated to enhance its standing as a centre for creative Web3 initiatives, while Monad's ecosystem has been gaining popularity because of its scalability.
The money will be used for team growth, platform development, and strategic alliances to hasten the uptake of our product.
The future of DeFi is being driven by scalable blockchains like Monad, and this investment represents yet another significant milestone in the quickly changing Web3 area.
The sector looks forward to a new era of safe and easy decentralised trading, led by Kuru Labs.
Edited by Annette George
