TechFlow News — Filament, a hybrid derivatives decentralized exchange (DEX) built on the Sei network focused on speed and trading efficiency in low-liquidity environments, has announced a $1.1 million seed funding round led by Lingfeng Innovation Fund, with participation from Halo Capital and Spyre Group. Other key contributors include angel investors from prominent Web3 projects such as Polygon, Router Protocol, Stakecito, Chorus One, Archerman Capital, and CoinBureau, as well as former core contributors from Binance, Sei, and Tendermint.
Developed by a team previously at Goldman Sachs, BlackRock, Persistence, Nethermind, and Open Status, Filament is built on the Sei network.
The platform introduces a novel hybrid model that combines compartment-based liquidity pools with an order book, enabling efficient operation under low-liquidity conditions.
