Solana perpetual futures trading platform Imperial has completed a $1.5 million seed round financing, led by Foundation Capital

According to SolanaFloor, the Solana perpetual futures trading platform Imperial has completed a $1.5 million seed round financing, with a valuation of $15 million, led by Foundation Capital, and supported by angel investors from the Solana ecosystem.

The funds from this round will be used to expand Imperial's product portfolio, including a perpetual contract aggregator, a lending platform, and the flagship project Armada. Imperial's Armada is a perpetual contract AMM in the Solana ecosystem, sourcing liquidity from DeFi platforms like Hyperliquid, allowing traders to access deeper order books without leaving Solana.