Hyperion, a leading decentralized exchange (DEX) on the Aptos blockchain, has launched its Token Generation Event (TGE), introducing its native token, RION. The platform combines a Concentrated Liquidity Market Maker (CLMM) with an upcoming orderbook engine, offering traders capital-efficient liquidity and high-speed execution. Hyperion has already achieved $130M in total value locked (TVL) and $7B in cumulative trading volume. The TGE includes community campaigns and an innovative Bonding Curve pricing mechanism on Binance Alpha. Backed by the Aptos Foundation’s LFM program, Hyperion aims to expand its ecosystem with new products and integrations, solidifying its position as a top-tier DeFi protocol on Aptos.
about Hyperion DEX Launches TGE on Aptos with $5B+ VolumeMirana Ventures
0 in Finance and 0 in Crypto last weekOneBalance Secures $20M to Simplify Cross-Chain Crypto UX
OneBalance, a developer platform for multichain applications, has secured $20 million in Series A funding to address the fragmented user experience (UX) in crypto. The investment, led by cyber•Fund and Blockchain Capital with participation from Bybit’s Mirana Ventures and L2IV, will support the launch of OneBalance’s Toolkit. This technology enables one-click cross-chain transactions, eliminating the need for users to manage bridging or gas tokens. Founded by ex-Coinbase engineers and Flashbots contributors, OneBalance aims to boost app conversions by streamlining DeFi interactions.
about OneBalance Secures $20M to Simplify Cross-Chain Crypto UXVariational Raises $1.5M, Launches Zero-Fee Perps Referral
Variational, the developer of the Omni perpetual futures trading platform, announced a $1.5 million strategic funding round led by Mirana Ventures, Caladan, and Zoku Ventures. Omni, built on Arbitrum, offers zero trading fees and tight spreads using a unique request-for-quote system instead of traditional order books. The platform has already processed over $100 million in volume since its private beta launch and introduced a referral program to onboard more users. Variational plans to roll out loss rebates, public mainnet access, and community deposits for its Omni Liquidity Provider (OLP) vault later in 2025. Backed by major investors like Coinbase Ventures and Dragonfly, Variational aims to revolutionize derivatives trading with its automated, retail-friendly approach.
about Variational Raises $1.5M, Launches Zero-Fee Perps ReferralVariational Raises $1.5M, Launches Omni Referral Program
Variational, the developer of the Omni perpetual futures trading platform, announced a $1.5 million strategic funding round led by Mirana Ventures, Caladan, and Zoku Ventures. The platform, which operates on Arbitrum, offers zero-fee trading and tight spreads through its proprietary Omni Liquidity Provider (OLP). Since its private beta launch, Omni has processed over $100M in volume and achieved an 87% annualized yield for its OLP vault. The company also unveiled a referral program, allowing users to invite others to the private beta. Variational plans to implement loss rebates, launch a public mainnet, and open the OLP vault for community deposits in 2025.
about Variational Raises $1.5M, Launches Omni Referral ProgramNFKings Launches Web3 Protocol ONA with Binance Labs Backing
NFKings, founded in 2021 by Matthew Lim and Mario Ho, is launching its ONA Protocol after three years of development. Backed by top VCs like Binance Labs, the company focuses on merging Web2 and Web3 through three core pillars: Proof of Contribution, Non-Fungible RWA Protocol, and The Boxx—a social commerce metaverse. The Proof of Contribution mechanism incentivizes users to share data, improving targeted outreach for Web2 companies. The Non-Fungible RWA Protocol enables real-world asset tokenization with QR code verification, while The Boxx, led by Jackson Wang, creates a digital social hub for trading and interaction. This ecosystem aims to redefine how value is created and exchanged across digital and physical worlds.
about NFKings Launches Web3 Protocol ONA with Binance Labs BackingWorld Foundation Raises $135M to Expand Biometric IDs
World Assets, a subsidiary of World Foundation (formerly Worldcoin), has raised $135 million by selling WLD tokens to venture firms Andreessen Horowitz (a16z) and Bain Capital Crypto. The funding will support the expansion of Orb-verified World IDs, a decentralized identity solution using biometric verification to combat AI-driven fraud and spam. With over 12.5 million Orb-verified IDs issued and a total user base exceeding 26 million, the company aims to scale its operations globally, particularly in underserved regions. The project, which has faced regulatory scrutiny over biometric data collection, is backed by investors who see decentralized identity as critical in the AI era. The funding round underscores confidence in World’s vision of a self-sustaining, privacy-preserving identity protocol.
about World Foundation Raises $135M to Expand Biometric IDsTheo Raises $20M to Democratize Wall Street Crypto Strategies
Theo, a crypto infrastructure startup, has raised $20 million in a funding round led by Hack VC and Anthos Capital, with participation from traditional finance giants like Citadel, Jane Street, and JPMorgan. The firm seeks to democratize access to institutional-grade trading strategies such as high-frequency arbitrage and delta-neutral hedging for retail users. Theo’s platform allows investors to earn yield without managing exchange accounts or directly interacting with leverage, offering a safer entry into sophisticated crypto trading. The funding will be used to build user-friendly infrastructure, targeting both individual investors and family offices. The move comes as DeFi adoption surges, with TVL hitting a three-year high of nearly $250 billion in December 2024.
about Theo Raises $20M to Democratize Wall Street Crypto StrategiesCrypto Market Weakness Amid ETF Outflows and DeFi Developments
Crypto markets are experiencing a tactical retreat, with Bitcoin rebounding off $86k amid record ETF outflows driven by basis unwinds. The SEC has dropped its case against Uniswap, leading to a surge in DeFi coins, particularly MKR, while altcoins see significant gains.In other developments, Oklahoma’s BTC bill is set for a floor vote, and Mirana Ventures has transferred $600m in ETH to Bybit. Meanwhile, a new SMS scam targets Binance users, and Bybit hackers have laundered $113m in just 24 hours.
about Crypto Market Weakness Amid ETF Outflows and DeFi Developments