Euphoria has just completed a seed funding round of 7.5 million USD to develop a cryptocurrency derivative trading application on the MegaETH platform.
This application creates a 'click-to-trade' interface, making it easy for users to access derivative products like options and perpetual contracts, with the Mainnet MegaETH expected to be operational this year.
MAIN CONTENT
Euphoria raised 7.5 million USD in seed funding, led by Karatage alongside many funds and angel investors.
Developing a mobile interface to simplify derivative trading like options and perpetual contracts.
Plans to launch the Mainnet MegaETH this year and expand the development team by 3-5 people.
How did Euphoria raise funds and who participated in the seed round?
The project completed a seed funding round totaling 7.5 million USD, including 2.5 million USD in the pre-seed phase and 5 million USD in seed funding from February to July 2025.
The seed round was led by Karatage, with participation from Figment Capital, Robot Ventures, and many reputable investment funds and over 100 angel investors, providing a solid financial foundation for the project's growth.
The diversity of investors supporting Euphoria indicates high reliability and potential in the derivatives trading space on MegaETH.
How does the Euphoria application develop its interface and products?
Euphoria is building a mobile 'click-to-trade' interface to minimize barriers for users accessing derivatives, including options and perpetual contracts.
This interface simplifies the trading process, enhances user experience, thereby attracting more individual and professional investors to participate in the market.
This is a breakthrough based on the experience of developing similar platforms, helping to enhance liquidity and transparency in the cryptocurrency derivatives market.
What are Euphoria's business strategies and future development plans?
Euphoria's business model is based on Hyperliquid, primarily profiting from market-making activities and transaction fees.
The current team consists of 8 members, with plans to expand by 3-5 engineering and product positions to accelerate platform development and complete the Mainnet MegaETH this year.
In the long term, Euphoria aims to release its own Token, creating additional interaction and governance opportunities for the user community, contributing to the MegaETH ecosystem.
Our 'click-to-trade' application aims to create the simplest and most efficient platform for derivative trading, making the cryptocurrency market more accessible to all user groups.
Euphoria team representative, August 2025
Frequently Asked Questions
1. Who funded Euphoria in the seed round?
The 7.5 million USD seed round was led by Karatage, with participation from Figment Capital, Robot Ventures, and over 100 angel investors.
2. What are the outstanding features of Euphoria's application?
'Click-to-trade' interface simplifies options and perpetual contract trading on mobile, reducing barriers for new users.
3. What are the upcoming development plans for the project?
Launch the Mainnet MegaETH in 2025, expand the team, and release a separate Token in the long-term roadmap.
4. Where does Euphoria earn its profits?
The project earns profits through market-making and transaction fees, with a business model similar to the Hyperliquid platform.
5. How many people are currently on the Euphoria team?
The core team consists of 8 members, with plans to recruit an additional 3-5 engineers and product personnel in the near future.
Source: https://tintucbitcoin.com/euphoria-goi-von-75-trieu-usd/
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