Every round on record, with the sources behind each and the investors on them.
A perp trading platform built on Solana
imperial.spaceLinkedIn1 person
2 sources · checked 1 time, last 3h ago
Developing: it holds up against its sources so far, and firms up as more reporting lands.
Valuation $15 million valuation not stated for this round
Phemex reports a $15 million valuation and participation from Solana ecosystem angel investors, but CryptoRank says valuation and additional investors were not disclosed; the more specific CryptoRank account prevails.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Seed | $1.5M | 2026-10-06 | Foundation Capital | 2 outlets. #62 in Trending |
2 sources · checked 1 time, last 3h ago [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 2 sources Valuation $15 million valuation not stated for this round Phemex reports a $15 million valuation and participation from Solana ecosystem angel investors, but CryptoRank says valuation and additional investors were not disclosed; the more specific CryptoRank account prevails. | ||||
Imperial builds a Solana trading terminal and router for perpetual-futures traders, comparing venues and sending each order to the best available venue while offering Armada for on-chain perp liquidity.
Imperial is targeting the gap that Solana's strong spot-market position cannot fill without perps, and its documentation says BTC futures trade at 14x spot volume. The reported $1.5 million seed led by Foundation Capital funds a product that combines cross-venue routing with Armada, which the company says brings external liquidity to Solana at 1 bp and coverage says can provide about 7x deeper BTC order-book depth.
Checked against 9 sources today
Also named as backers in company research: Solana ecosystem angel investors