According to Techub News, Hyperliquid ecosystem DEX Silhouette has completed a $3 million Pre-Seed round of financing, led by RockawayX, with participation from Hivemind, Amber Group, NGC, No Limit Holding and Protagonist.
Silhouette solves DeFi privacy issues without compromising the core value of decentralization. It creates a protected order flow in a transparent market, allowing capital to flow freely and safely. Traders no longer need to worry about their strategies being exposed the moment they publish their intentions on the chain, thereby avoiding the risk of front-running and MEV loss.