Entropy is a HIP-3 market deployer on Hyperliquid that lists cash-settled perpetual futures on global equities, commodities, indices, and pre-IPO companies. It employs a native price oracle that discovers a price for pre-IPO stocks and other assets that have no continuous public quote, weighting Entropy’s own order book against an external reference by how much size can actually be traded.
On 24 August 2026, Entropy announced a $14M seed round led by Ribbit Capital. The same post described a separate 500K HYPE ($40M) stake used to run the Hyperliquid deployer slot that goes separately from the equity raise.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| Medium | 0.00x | 5 |