HyperLink, a prime brokerage protocol for decentralized trading platform Hyperliquid, has completed a $2.5 million funding round with participation from Alliance, North Island Ventures, Reverie, Node Capital, Breed, and smartestmoney.hl. The protocol aggregates trading volume and staking to provide users with VIP fee rates, private trade flow, and optimal execution paths.
HyperLink routed $254 million in trading volume last month, representing 0.1% of Hyperliquid's total volume. Currently in an invite-only phase, the protocol has already captured 1% of Hyperliquid builder trading volume as it expands access to institutional-grade brokerage services on the platform.
Hyperliquid Broker HyperLink Raises $2.5M to Unlock VIP Fee Rates
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