Entropy, a new HIP-3 derivatives platform founded by ex-Jane Street/Citadel traders, launches this week with $44M funding and plans to offer perps on indices, rates, and pre-IPO assets.
DeFi & Yields ·
Entropy, a derivatives platform staffed by former Jane Street and Citadel traders, is launching this week with $44M in funding ($14M in cash led by Ribbit Capital and 500K $HYPE from Hyperion staked on December 8). The platform aims to offer perpetual contracts on indices, rates, and pre-IPO assets, with $OAI as the first listed ticker.