Decentralized finance platform Pear Protocol activates, merges with Hyperliquid, and announces a $4.1 million strategic investment round headed by Castle Island Ventures.

In a significant move for the DeFi space, Pear Protocol, a leading DeFi-native pair trading terminal, has successfully raised above $24M in its presale. The new capital will be used to fuel the growth of the platform, expand its institutional-grade product suite, and position Pear for long-term sustainability.

Founded by Huf, Pear Protocol can be contacted at [email protected]. The platform serves both professional retail and institutional users and has integrations across major venues including Hyperliquid, GMX, and SYMMIO.

The fundraising round was led by Castle Island Ventures, with participation from Compound VC, Florin Digital, and Sigil Fund. This strategic alignment positions Pear Protocol with some of the most respected players in crypto venture.

As part of its expansion plans, Pear Protocol will launch vaults and APIs on HyperEVM, re-launch their spot token with deeper liquidity on Hyperliquid's Spot Orderbook, and accelerate user growth and talent acquisition.

Little Pepe, another notable player in the crypto space, has also seen success recently, raising above $24M in its presale and boasting over 39,000 holders.

Meanwhile, MEXC has made headlines with its participation in the Ondo Global Markets Alliance, listing tokenized stocks with a $150,000 reward pool event. MEXC's Q2 Zero-Fee Strategy has also delivered record growth in high-demand pairs.

Elsewhere, BingX has unveiled a World Liberty Finance Spot Listing Carnival, offering 900,000 WLFI in rewards. BingX's sister company, Bybit, has launched a new card in Europe, offering unmatched 20% cashback.

Bybit Card is not the only innovation in the Bybit ecosystem. The Bybit WSOT 2025 Attracts Quadruple Squads as the $8M main competition commences.

In the realm of carbon credits and Web3, EcoSync & CarbonCore have launched a full stage refi infrastructure, linking carbon credits with the Web3 ecosystem.

For those interested in learning more about Pear Protocol, visit https://pear.garden or follow them on Twitter at @pear_protocol. Pear Protocol is nearing $1BN in trading volume and currently powers over 4,000 traders with daily volumes in beta above $5M. With the Hyperliquid integration, traders on Pear can enjoy one-click entry and exit across both legs of a pair trade, limit and TWAP execution on the ratio, TP/SL logic based on the ratio, direct ratio charting, net funding differentials, and custom pair weighting tools.