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July 7, 2025 – KuruExchange (Kuru), an innovative decentralized exchange building the future of digital asset trading, today announced the successful close of an $11.6 million Series A funding round. The round was led by Paradigm, a leading crypto-focused investment firm, underscoring strong investor confidence in Kuru’s vision to deliver a truly decentralized, high-performance on-chain orderbook experience on the Monad blockchain.
This significant capital infusion marks a pivotal moment for Kuru as it accelerates its mission to bring a fully on-chain orderbook to life, addressing critical challenges within the decentralized finance (DeFi) landscape. The funding will primarily be allocated towards scaling Kuru’s engineering and development teams, enhancing its technological infrastructure, and expanding its product offerings to meet the growing demand for transparent, efficient, and secure trading solutions.
"We are incredibly excited to announce our $11.6 million Series A round led by Paradigm," stated a representative from KuruExchange. "This funding is a testament to our team's dedication and the groundbreaking potential of a fully on-chain orderbook on Monad. It will empower us to significantly scale our operations and bring our vision to fruition, offering traders unparalleled transparency and performance in the decentralized space."
KuruExchange aims to redefine the trading experience for digital assets by leveraging the capabilities of the Monad blockchain, known for its high throughput and low latency. Unlike traditional centralized exchanges or many existing decentralized exchanges that rely on off-chain components or automated market maker (AMM) models, Kuru’s fully on-chain orderbook promises to deliver:
- True Decentralization: All trading logic, order matching, and settlement occur directly on the blockchain, eliminating single points of failure and enhancing censorship resistance.
- Enhanced Transparency: Every transaction and order book state is publicly verifiable on the Monad ledger, fostering trust and reducing manipulative practices.
- Capital Efficiency: Traders can place limit orders with precise control, optimizing their strategies and reducing slippage.
- Deep Liquidity: By attracting a broad range of market participants, Kuru aims to cultivate robust liquidity across various digital asset pairs.
KuruExchange’s platform, accessible via kuru.io/markets, currently offers users a comprehensive view of trending and new pairs, with data points such as Market Age, Price, Volume, Market Cap, Liquidity, and Transaction counts, available across various time intervals (5m, 1h, 24h). The platform also highlights features like "Quick buy," "Portfolio," "Launch," "Vaults," and "Watchlist," indicating a holistic approach to decentralized trading and asset management. The integration with "gmonad" and the availability of "Faucet" and "Docs" further suggest a developer-friendly and community-oriented ecosystem. The emphasis on "Audit" signifies a commitment to security and reliability.
Paradigm’s investment underscores the firm’s belief in Kuru’s innovative approach to solving fundamental infrastructure challenges in DeFi. The development of a high-performance, fully on-chain orderbook is crucial for the maturation of decentralized financial markets, enabling complex trading strategies and attracting institutional participation.
With this new funding, KuruExchange is poised to become a cornerstone of the Monad ecosystem and a significant player in the broader DeFi landscape. The company plans to expand its engineering efforts to optimize the on-chain orderbook’s performance, introduce new trading features, and foster a vibrant community of traders and developers. Kuru’s commitment to building a secure, transparent, and efficient trading environment will be instrumental in unlocking the next generation of decentralized finance.
About KuruExchange
KuruExchange (Kuru) is a pioneering decentralized exchange building a fully on-chain orderbook on the Monad blockchain. Committed to transparency, efficiency, and security, Kuru aims to provide a superior trading experience for digital assets by eliminating centralized intermediaries and leveraging cutting-edge blockchain technology. Kuru offers comprehensive market data, portfolio management tools, and a seamless trading interface for both retail and institutional participants.
About Paradigm
Paradigm is a crypto-focused investment firm based in San Francisco. The firm invests in cryptocurrency and blockchain companies and protocols, ranging from early-stage venture to liquid tokens. Paradigm is dedicated to supporting the next generation of crypto innovators.
Compiled by CMO Intern team
