Hypernova, a proprietary trading platform built on Hyperliquid, raised $3M in a pre-seed round led by Lemniscap. The round was oversubscribed 3x and structured as a SAFE with token warrants.

The platform is developing an onchain prop trading model that uses smart contracts to automate payouts and settle trader activity with transparent execution rules.

Of the $3M raised, $1M is allocated to a payout reserve with the rest going toward team expansion and public launch. Since opening alpha on May 1, the platform has onboarded 250 traders, funded 20+, and paid out over $30k. Public launch is expected within two months.

👉 x.com/HypernovaX/status/2060053436503109684?s=20