US Edition
Hyperbeat Secures $5.2M Backing From ether.Fi, Electric Capital
4 Articles
4 Articles
Hyperliquid DeFi Yield Protocol Hyperbeat Bags $5.2M Seed Round
Quick take: The Hyperliquid-based DeFi yield protocol enables users to directly generate yield, stake, and utilize their funds within the Hyperliquid portfolio. The company plans to use the fresh capital to accelerate the development of its composable yield infrastructure within the Hyperliquid ecosystem. Hyperbeat boasts a total value locked of more than $340 million, according to DeFiLlama data. Hyperbeat, the DeFi yield-generating and toke…
Key points of the Hyperbeat News completed an overwritten $5.2 million seed round led by ether.Fi Ventures and Electric Capital, with the participation of Coinbase Ventures and other prominent investors. The funds will be used to expand Hyperbeat's performance infrastructure for traders, protocols and institutions in Hyperliquid. The protocol turns complex on-chain yields into accessible and easy-to-use valts, expanding opportunities for winning…
Hyperbeat Secures $5.2M Seed Funding for DeFi Yield Infrastructure
– Hyperbeat raised $5.2M in an oversubscribed seed round led by ether.fi Ventures and Electric Capital, with participation from Coinbase Ventures and Anchorage Digital. – The funding targets DeFi infrastructure to enhance on-chain portfolio utility, addressing liquidity and capital efficiency challenges in decentralized markets. – Backers, including Electric Capital (known for blockchain investments), validate Hyperbeat’s potential to bridge tra…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium