Entropy, a derivatives platform for exotic assets (indices, rates, pre-IPOs), launches this week with $44M in funding and ex-Jane Street/Citadel team, offering HIP-3 perpetual markets starting with $OAI.
DeFi & Yields ·
Entropy, a derivatives platform targeting exotic assets including indices, rates, and pre-IPOs, is launching this week with $44M in funding—comprising $14M in cash led by Ribbit Capital and 500K $HYPE from Hyperion staked on December 8th. The platform's team includes former members from Jane Street, Citadel, and Polymarket, and will debut HIP-3 perpetual markets with $OAI as the first listed ticker. Early signups receive a 20% fee rebate benefit.