According to ChainCatcher news, the official announcement from Silhouette, the privacy execution layer based on Hyperliquid, has completed a $3 million Pre-Seed round of financing led by RockawayX, with participation from Amber Group, HiveMind, Protagonist, No Limit Holdings, NGC Ventures, and Echo.
Silhouette is a “Shield Exchange” built on TEE, aiming to achieve privacy-protected order matching and settlement functions on Hyperliquid, supporting HyperCore and HyperEVM, and providing a new DeFi experience with various advanced strategy operations including TWAP, VWAP, RFQ, etc. It aims to solve the problem of “excessive transparency of information” in on-chain trading, allowing users to trade freely without exposing their strategies.
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