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

Kuru Labs Announces $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 Automated Market Maker (AMM) functionality with the Central Limit Order Book (CLOB) architecture of traditional exchanges. (The Block) [Odaily Planet Daily]