Pear Protocol and Hyperliquid Collaborate to Launch Native Integration for Decentralized Finance (DeFi) Trading Infrastructure

Pear Protocol has announced the launch of its native integration with Hyperliquid, a major milestone in the company’s history. This move marks a significant step forward for the platform, providing users with seamless access to pair trading through the Hyperliquid perpetual order book.

The announcement comes as Pear Protocol closes an impressive $4.1 million funding round led by Castle Island Ventures, alongside participation from Compound VC, Florin Digital, and Sigil Fund. This strategic investment will enable the company to accelerate its growth trajectory, further solidify its position in the market, and push the boundaries of decentralized finance (DeFi) trading infrastructure.

Pear Protocol’s integration with Hyperliquid aims to revolutionize the pair-trading experience for users by combining advanced functionality with simplicity. The collaboration enables traders to earn rewards in both HyPear Points and Hyperliquid Season 3 points, which can be claimed as redeemable $HYPE tokens.

The platform’s one-click entry and exit system for both legs of a pair trade streamlines the trading process, enabling faster and more efficient execution. Furthermore, advanced trading tools like limit orders, TWAP (Time-Weighted Average Price) orders on trading ratios allow users to fine-tune their entry and exit strategies. Risk management is also enhanced through take-profit and stop-loss ratio-based logic.

Pear Protocol’s commitment to innovation has led to the introduction of features that grant traders precise control over their positions. Direct ratio charting, net funding differential analysis, and customizable pair-weighting tools are now available for users.

The $4.1 million funding will be utilized to strengthen its institutional-grade product suite, roll out vaults and APIs on HyperEVM, and reintroduce spot tokens with increased liquidity through the Spot Orderbook. Additionally, resources will be allocated to accelerate user acquisition and talent recruitment efforts, positioning Pear Protocol to scale rapidly while attracting top industry expertise.

Wyatt Khosrowshahi, an investor at Castle Island Ventures, commended Pear Protocol’s ability to unite deep, crypto-native liquidity with a seamless user experience, practical educational resources, and advanced execution mechanisms.

Source: zycrypto.com