Silhouette completes $3 million Pre Series funding round, led by RockawayX

According to Silhouette's official announcement, it has completed a $3 million Pre Seed round led by RockawayX, with participation from Amber Group, HiveMind, Protagonist, No Limit Holdings, NGC Ventures, Echo, and others. Silhouette's "Shield Exchange" is built on Trusted Execution Environments (TEE), dedicated to implementing privacy preserving order matching and settlement functions on Hyperliquid, supporting HyperCore and HyperEVM, and providing a new DeFi experience that includes various high-level policy operations such as TWAP, VWAP, RFQ, etc. The project goal is to solve the problem of "excessive information transparency" in on chain transactions, allowing users to trade freely without exposing their strategies.