The privacy execution layer Silhouette based on Hyperliquid has completed a $3 million Pre-Seed round of financing, led by RockawayX

ChainCatcher news, according to official sources, the privacy execution layer Silhouette based on Hyperliquid has officially announced the completion of a $3 million Pre-Seed funding round 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-preserving order matching and settlement functions on Hyperliquid, supporting HyperCore and HyperEVM. It offers a new DeFi experience with various advanced strategy operations, including TWAP, VWAP, and RFQ, aiming to address the issue of "excessive transparency of information" in on-chain transactions, allowing users to trade freely without exposing their strategies.