Hyperbeat Raises $5.2 Million in Seed Funding

Hyperbeat, the native yield layer of Hyperliquid (HYPE), has secured $5.2 million (approximately ₩7 billion) in seed funding.

On the 15th (local time), Hyperbeat announced that it raised $5.2 million in a seed funding round co-led by ether.fi Ventures and Electric Capital. Global investors such as Coinbase Ventures, Chapter One, Selini, Maelstrom, and Anchorage Digital also participated in this round. The domestic investor Nonce Classic was among the participants as well.

Hyperbeat enables users to directly generate yield, stake, and utilize their funds within the Hyperliquid portfolio. Through tokenized vaults, users can easily earn on-chain yield by utilizing funding rates and enjoy an integrated experience for trading, yield generation, and expenditures, all processed on-chain without the need for centralized exchanges. Total value locked (TVL) has surpassed $340 million, establishing Hyperbeat as a core infrastructure within the Hyperliquid ecosystem.

Dave Hsu, General Partner at ether.fi Ventures, stated, "Hyperbeat is the standard for native yield layers in Hyperliquid," and added, "Their product development speed, vision, and deep understanding of the ecosystem will become a key element in next-generation decentralized finance (DeFi)."

Avichal Garg, General Partner at Electric Capital, said, "Hyperbeat is a project with outstanding technological capabilities and a strong understanding of the Hyperliquid community," and continued, "Just as Hyperliquid has shifted the paradigm of on-chain trading, Hyperbeat is driving financial innovation by introducing liquid staking, lending, strategy vaults, and portfolio tools."

Kilian Boshoff, Co-founder of Hyperbeat, expressed, "With this funding round, we aim to accelerate the development of a permissionless and composable yield infrastructure that provides services to traders, protocols, and institutions across the Hyperliquid ecosystem."