Pear Protocol Launches with Hyperliquid Integration After Securing $4.1M from Castle Island Ventures
DeFi's latest player just cut the ribbon—and the line. Pear Protocol storms live with Hyperliquid integration, backed by a $4.1M war chest from Castle Island Ventures and friends. Because nothing screams 'strategic' like a VC pile-on during a bull run.
Hypercharged liquidity meets structured products. Pear's launch taps Hyperliquid's perpetuals infrastructure, aiming to turn DeFi's wild west into something resembling a functional marketplace. Traders get leveraged yield strategies; degens get new ways to ape—everyone wins (until the next exploit).
The funding round reads like a who's-who of 'we missed the last cycle.' Castle Island leads, flanked by crypto's usual suspects throwing cash at anything with 'institutional-grade' in its pitch deck. $4.1M buys a lot of protocol audits—or one weekend in Dubai for the team.
Pear's bet? That structured products can tame crypto's volatility while keeping yields juicy. The protocol bundles leveraged positions into bite-sized vaults, letting users ride trends without babysitting positions. It's either genius or another reheat of 2021's 'DeFi Lego' narrative—flip a coin.
One thing's certain: the institutional money spigot's back on. Whether Pear becomes the next blue-chip or just another line on a VC's portfolio spreadsheet depends on who gets liquidated first—traders or their backers.
What This Means for Users
With the Hyperliquid integration now live, traders on Pear can enjoy:
- Continued eligibility for any Hyperliquid Season 3 points and HyPear Points, converting into claimable $HYPE
- One-click entry and exit across both legs of a pair trade
- Limit and TWAP execution on the ratio, optimising entry and exits
- TP/SL logic based on the ratio for superior risk management
- Direct ratio charting, net funding differentials, and custom pair weighting tools
Pear makes advanced strategies simple, mobile-friendly, and capital-efficient - whether you're trading HYPE/SOL or building custom ETH/BTC trades with beta-weighted logic.
Strategic Use of Funds
The new capital will be deployed to:
- Expand Pear’s institutional-grade product suite
- Launch vaults and APIs on HyperEVM
- Re-launch their spot token with deeper liquidity on Hyperliquid’s Spot Orderbook
- Accelerate user growth and talent acquisition
- Position Pear for long-term sustainability – including optional protocol buybacks and new revenue lines
This round strategically aligns Pear Protocol with some of the most respected players in crypto venture, each bringing ecosystem reach, product insight, and long-term conviction.
“We believe Pear is building trading infrastructure for the next wave of DeFi-native professionals,” said Wyatt Khosrowshahi, Investor at Castle Island Ventures. “They’re connecting DEEP crypto-native liquidity with intuitive UX, timely education, and novel execution.”
About Pear Protocol
Pear Protocol is the leading DeFi-native pair trading terminal, enabling users to trade one token against another with high capital efficiency. With integrations across major venues including Hyperliquid, GMX and SYMMIO, Pear serves both professional retail and institutional users. Learn more at https://pear.garden
Users can follow Pear Protocol's Twitter (@pear_protocol) account for more information.
ContactFounderHufPear [email protected]: pear_protocol
