Pear Protocol Integrates Hyperliquid and Secures $4.1M Strategic Funding Led by Castle Island Ventures

Pear Protocol has officially launched its integration with Hyperliquid, a decentralized trading platform, while securing a $4.1 million strategic funding round led by Castle Island Ventures. The integration enables seamless perpetual pair trading on Hyperliquid’s order book, offering users enhanced liquidity and execution efficiency in the DeFi ecosystem [1]. The funding round, announced on July 28, 2025, also included participation from Compound VC, Florin Digital, and Sigil Fund, underscoring growing institutional confidence in decentralized finance infrastructure [2]. With this milestone, Pear Protocol positions itself at the forefront of DeFi-native trading tools, aiming to bridge traditional and decentralized markets [3].

The integration with Hyperliquid allows traders to execute pair trades with features such as one-click entry and exit, limit and TWAP execution on ratios, TP/SL logic for risk management, and direct ratio charting [4]. Huf, founder of Pear Protocol, emphasized the significance of the partnership: “Hyperliquid is where the best traders are, and Pear now provides the best way to pair trade on top of that liquidity. This round marks a turning point – our investors deeply understand the space, and together we’re going full throttle on execution.” The platform’s beta phase already achieved daily volumes exceeding $5 million, with total trading volume nearing $1 billion [5].

The strategic use of the $4.1 million raise includes expanding institutional-grade product offerings, launching vaults and APIs on HyperEVM, re-launching a spot token with deeper liquidity on Hyperliquid’s Spot Orderbook, accelerating user growth, and positioning Pear for long-term sustainability through protocol buybacks and new revenue lines [6]. Castle Island Ventures, a firm with a focus on blockchain infrastructure, highlighted Pear’s alignment with the evolving needs of crypto traders. Wyatt Khosrowshahi, investor at Castle Island, noted, “We believe Pear is building trading infrastructure for the next wave of DeFi-native professionals. They’re connecting deep crypto-native liquidity with intuitive UX, timely education, and novel execution.” [7]

The funding round and integration reflect broader industry trends, including the prioritization of scalability and interoperability in DeFi. Compound VC and Florin Digital, both with prior success in liquidity provision and cross-chain solutions, have added credibility to Pear’s approach. Analysts observe that Pear’s timing aligns with heightened interest in cross-chain interoperability and institutional adoption of crypto assets, though the project has not disclosed post-launch user growth or transaction volumes [8].

Pear Protocol’s roadmap includes expanding integrations with additional DeFi protocols and exploring use cases beyond perpetual trading. The team’s emphasis on open-source development and community governance aligns with core DeFi principles of decentralization and transparency. By leveraging Hyperliquid’s order book infrastructure, Pear reduces slippage and settlement times for perpetual futures trading, addressing a critical pain point for both retail and institutional participants [9].

Sources:

[1] [Pear Protocol Goes Live with Hyperliquid Integration and Announces $4.1M Strategic Round Led by Castle Island Ventures] [https://cryptopotato.com/pear-protocol-goes-live-with-hyperliquid-integration-and-announces-4-1m-strategic-round-led-by-castle-island-ventures/].

[2] [Pear Protocol Integrates Hyperliquid, Secures $4.1M ...] [https://www.ainvest.com/news/pear-protocol-integrates-hyperliquid-secures-4-1m-strategic-funding-led-castle-island-2507/].

[3] [Pear Protocol launches with Hyperliquid and $4.1M round ...] [https://coinjournal.net/news/pear-protocol-launches-with-hyperliquid-and-4-1m-round-led-by-castle-island/].

[4] [Pear Protocol Integrates Hyperliquid, Secures $4.1M to ...] [https://www.ainvest.com/news/pear-protocol-integrates-hyperliquid-secures-4-1m-scale-defi-liquidity-solutions-2507/].

[5] [Chainwire Press Releases] [https://www.ccn.com/author/chainwire/].