Original | Odaily (@OdailyChina）
Author | Asher (@Asher_0210）
Kuru: On-Chain Order Book DEX Based on Monad Blockchain
Reasons for Participation
Kuru is an on-chain order book DEX based on the Monad blockchain, using a "hybrid CLOB-AMM model" that combines automated market maker (AMM) functionality with the central limit order book (CLOB) architecture of traditional exchanges.
According to ROOTDATA data, Kuru has currently completed two rounds of financing, with a total amount exceeding $13 million, including:
In July 2024, Kuru announced the completion of a $2 million seed round, led by Electric Capital, with participation from Brevan Howard Digital, CMS Holdings, Pivot Global, Breed, and Velocity Capital, as well as angel investors Keone Hon, Jarry Xiao, and Eugene Chen;
In July 2025, Kuru announced the completion of an $11.5 million Series A round, led by Paradigm, with participation from Electric Capital, Credibly Neutral, Viktor Bunin, and others.
Interaction Tutorial
STEP 1. Enter the interaction website (link: https://www.kuru.io/markets), and click "Connect wallet" to log in.
STEP 2. Click the green pet egg icon in the upper right corner, choose any of the five colored pet eggs, and click "Reveal" to receive 4 decorations.
STEP 3. Click the "Markets" section again, transfer test coins to your personal Kuru Wallet on the platform, and interact by buying and selling tokens.
STEP 4. Additionally, in the Lite version, you can perform Swap interactions, exchanging MON test coins for tokens like USDT and USDC.
Zama: High-Financing Project in Privacy Sector
Reasons for Participation
Zama is dedicated to providing privacy protection solutions for decentralized applications (DApps), ensuring user data privacy is not violated through innovative zero-knowledge proof (ZKP) technology, thereby enhancing the security and trustworthiness of the blockchain ecosystem. Additionally, Zama is developing customized solutions in artificial intelligence, healthcare, financial services, and government security industries.
According to ROOTDATA data, Zama has currently completed two rounds of financing, with a total amount reaching $130 million, including:
In March 2024, Zama announced the completion of a $73 million Series A round, co-led by Multicoin Capital and Protocol Labs;
In June 2025, Zama announced the completion of a $57 million Series B round, led by Blockchange Ventures and Pantera Capital.
On July 1st, Zama announced the launch of its public testnet. Although the official test coin distribution entry is closed, users can still participate in guild tasks to become early adopters.
Interaction Tutorial
Guild task link: https://guild.xyz/zama
STEP 1. Start by connecting wallet to the Zama Guild: Join the official Discord, bind your email, and complete the CAPTCHA verification.
STEP 2. Follow Zama on Social Media to get latest news: Regarding specified official social media accounts.
STEP 3. Community Program Beta Tester: Wallet must hold at least 0.1 ETH and have at least 3 mainnet transaction records to pass verification.
STEP 4. Click "Bounty Program" above to jump to Github and add a star (must complete step 3 first).
STEP 5. Click "New to Zama & FHE? Start here" above. Most tasks are access and social-related, follow the prompts to complete.
Yala: Liquidity Protocol Native to Bitcoin
Reasons for Participation
Yala is a liquidity protocol native to Bitcoin, allowing users to mint over-collateralized stablecoins YU by staking BTC. YU ensures system stability through multiple collateralization ratios (such as MCR, CCR, SCR) and includes a liquidation mechanism and Peg stabilization module to maintain a dollar-pegged price. Users can mint YU by staking BTC, redeem BTC by returning YU, or achieve liquidity through exchanges with other stablecoins.
Regarding financing, in October 2024, Yala announced the completion of an $8 million seed round, led by Polychain Capital and Ethereal Ventures, with participation from Galaxy, Anagram, Amber Group, ABCDE, and Ambush Capital.
Interaction Tutorial
STEP 1. Enter the interaction website (link: https://app.yala.org/welcome), click "Convert to YU" after connecting wallet, and exchange USC from the Ethereum mainnet to YU.
STEP 2. Click "Earn" and then "Stability Pool" to deposit the exchanged YU.
STEP 3. Click "Earn" and then "Farming" to select and add the USDC/YU liquidity pool.
STEP 4. Click "Earn" and then "DeFi Marketplace" to deposit YU into other cooperating DeFi protocols.
