Pear Protocol, a leading pair trading platform in cryptocurrency, has officially launched its integration with Hyperliquid and completed a funding round totaling $4.1M.
Integration with Hyperliquid
The launch of the Hyperliquid integration will allow Pear users to participate in pair trading using Hyperliquid's liquidity. The new functional solution will enhance user experience by providing tools for optimizing trade executions.
Strategic Funding
Pear Protocol has completed a strategic funding round of $4.1 million led by Castle Island Ventures, with participation from Compound VC, Florin Digital, and Sigil Fund. These investments aid in strengthening Pear Protocol's market position, supporting its growth and development.
User Benefits
With the Hyperliquid integration, traders on Pear will be able to:
* Participate in the HyPear points accumulation program. * Seamlessly enter and exit from pair trades. * Apply limit and TWAP executions. * Manage risks with ratio-based logic. * Utilize tools for analysis of ratios and primary funding differentials.
The integration with Hyperliquid and successful funding round open new possibilities for Pear Protocol, which may further enhance the platform's growth and improve user features.
