Monad ecosystem DEX project Kuru Labs completes $11.50 million Series A funding round, led by Paradigm

On July 7 (UTC+8), Kuru Labs announced the completion of an $11.50 million Series A funding round led by Paradigm. Kuru Labs is a startup building a decentralized exchange on Monad Layer 1, using a "hybrid CLOB-AMM model" to combine the functions of Automated Market Makers (AMM) with the central limit order book (CLOB) architecture of traditional exchanges. (Source: Odaily) [MetaEra]