Entropy: $14M Raised for Perp DEX

Entropy is a very early-stage perp DEX built on Hyperliquid.

The project has raised $14M led by Ribbit Capital and secured a $40M HYPE stake to build improved and new markets on Hyperliquid.

The platform is already live for early users and uses HIP-3 on Hyperliquid.

No guaranteed points or airdrop has been announced yet, but future points, campaigns, or rewards may be possible.