Hyperliquid Ecosystem

Trasia is a non-custodial perpetual contract trading platform built natively on the Hyperliquid blockchain network and designed specifically to serve Eastern markets. Co-founded by digital finance experts and supported by a strategic seed funding round from Multicoin Capital, the protocol aims to deliver a seamless trading experience for regional investors. By focusing on localized distribution channels, the company provides access to global digital asset markets with a user experience tailored to both retail and institutional traders.The core technology of the ecosystem utilizes the native order book structure and high-performance throughput of its underlying layer-one ledger. In its initial phase, the platform launches native perpetual markets before introducing customized, cash-settled reference price contracts for major Asian-listed equity assets. Through its planned mobile-first architecture and regional API integrations, the network lowers the barriers to entry for users unfamiliar with decentralized trading, securing robust on-chain liquidity for the next generation of Asian market participants.

July 16, 2026 Multicoin Capital has invested $1.75 million in Trasia, marking its first investment in the Hyperliquid ecosystem and becoming the startup&rsquo;s sole investor.

Trasia

Trasia is an Asia-focused perps trading platform built on the Hyperliquid network.

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%name%: Latest News, Social Media Updates and Insights

Trasia Labs, an Asia-focused perpetual futures platform built on Hyperliquid, has raised a $1.75 million seed round from Multicoin Capital in the fund’s first ecosystem equity bet following its HYPE token position. The team plans an Asian equity perps market and mobile-first rollout.

Trasia

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Hyperliquid perp startup Trasia Labs raises $1.75M seed from Multicoin Capital