Kuru

What Kuru does

Kuru is a private, venture-backed blockchain infrastructure company that operates a decentralized on-chain centralized limit order book (CLOB) exchange for cryptocurrency trading. Founded in 2023 and operating under the trade names Kuru, Kuru Labs, and KuruExchange, the company is building on the EVM blockchain with current operations focused on the Monad blockchain, leveraging Monad's high transaction throughput to deliver improved speed, liquidity, and trading experience for decentralized finance (DeFi) users.

The company's core product is a single unified on-chain CLOB that brings centralized-exchange-grade limit order functionality to decentralized infrastructure. Its primary technical differentiator is the CLOB architecture itself, positioned as a novel on-chain implementation that addresses liquidity fragmentation and execution quality in DeFi. The platform targets cryptocurrency traders and DeFi users as its horizontal customer segment, addressing pain points around limited liquidity, slow transaction speeds, and poor trading experience on existing DeFi platforms.

Kuru's business model is not publicly disclosed: pricing is quote-based and not transparent, no fee structure or revenue figures are available, and no customer logos or GTM motion have been disclosed. The company has raised a cumulative $13.6 million across a $2 million seed round in July 2024 (led by Electric Capital) and an $11.6 million Series A in September 2025 (led by Paradigm, with Electric Capital and Credibly Neutral participating). Capital is being directed toward Monad mainnet support, liquidity hub expansion, and trading infrastructure scaling.

Name

Kuru

Website

https://kuru.io

Company type

Private

Founded year

2023

Operating status

Operating

Short description

Kuru is a private blockchain infrastructure company operating a decentralized on-chain centralized limit order book (CLOB) exchange for cryptocurrency trading, built on EVM and deployed on the Monad blockchain. It serves cryptocurrency traders and DeFi users seeking improved liquidity and execution.

Ownership category

akta.pro rank

Product category

Decentralized Cryptocurrency Exchange

NAICS

Securities and Commodity Exchanges (523210), Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Order-Book (CLOB) DEXs (FSADABAB)

Keywords

• Decentralized exchange
• On-chain order book
• Crypto trading platform
• Limit order book
• DeFi trading infrastructure

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations

Core offering

Kuru operates a blockchain-based decentralized on-chain centralized limit order book (CLOB) exchange for trading cryptocurrencies. The platform is built on the EVM blockchain with current operations focused on the Monad blockchain, combining centralized exchange-style order book efficiency with decentralized blockchain infrastructure. It aims to improve speed, liquidity, and trading experience for decentralized finance (DeFi) users.

Product overview

Kuru (also referred to as KuruExchange) operates as a single unified product — a decentralized on-chain order book exchange built on the EVM blockchain, with current operations focused on the Monad blockchain. It functions as a crypto trading platform that brings centralized limit order book (CLOB) functionality on-chain, enabling improved speed, liquidity, and trading efficiency for decentralized finance users.

Differentiator

Problem solved

Functional benefit

Products and services

• Kuru (KuruExchange) A blockchain-based decentralized on-chain centralized limit order book (CLOB) exchange for trading cryptocurrencies on EVM-compatible blockchains, including the Monad blockchain. The platform aims to improve speed, liquidity, and trading experience in decentralized finance (DeFi) for individual crypto traders and DeFi users.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Drift Protocol: Drift is an on-chain order book DEX on Solana offering perpetuals and spot trading. Comparable to Kuru in CLOB architecture, chain-specific positioning, and target market of high-frequency DeFi traders.
• Vertex Protocol: Vertex is a hybrid order book + AMM DEX on Arbitrum offering spot and perpetuals. Directly comparable as an on-chain order book venue targeting professional traders with cross-margined execution.
• Hyperliquid: Hyperliquid operates an on-chain order book exchange primarily for perpetual futures, the most successful CLOB-DEX by trading volume. Directly comparable to Kuru in architecture (CLOB on-chain), target market (pro DeFi traders), and business model (fee-based execution).
• Aevo: Aevo runs an on-chain order book exchange for options, perpetuals, and pre-launch token trading. Comparable to Kuru as an order-book-based DEX serving sophisticated DeFi traders with similar execution-focused design.
• dYdX: dYdX is a decentralized order book exchange for perpetuals that migrated to its own appchain. Directly comparable as an on-chain CLOB focused on derivatives trading with professional-grade execution.
• Paradex: Paradex is an on-chain perpetuals order book DEX built on StarkNet by the Backpack team. Comparable to Kuru in offering CLOB-based derivatives trading on a high-throughput L2 with a similar architecture philosophy.

Others

• Matcha: Matcha is a DEX aggregator by 0x that routes orders across on-chain liquidity venues. Comparable as adjacent infrastructure competing for the same DeFi trader flow and providing order routing that could integrate or compete with Kuru's order book.
• Monad: Monad is the high-throughput EVM-compatible L1 blockchain on which Kuru is built. Strongly related as both the platform provider and strategic ecosystem partner whose adoption directly drives Kuru's addressable market.

Broad incumbents

• Jupiter: Jupiter is the dominant DEX aggregator on Solana that also operates its own perpetuals order book (Jupiter Perps). Comparable as both an aggregator and on-chain CLOB competitor serving similar Solana DeFi trading flow.
• Uniswap: Uniswap is the largest DEX by volume, operating AMM-based rather than order book. Broadly comparable as the incumbent DeFi trading venue that defines user expectations and competes for flow against CLOB DEXs like Kuru.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/KuruExchange

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kuru