Crypto prop trading platform Hypernova, built on Hyperliquid, has completed a $3M pre-seed funding round led by Lemniscap, with participation from Very Early Ventures, CMS Holdings, Pivot Global, and others. Hypernova stated that the platform will dynamically decide whether to hedge orders to the market based on trader performance, adopting either an A-book or B-book model to manage risk. Approximately $1M of the funding will be allocated to trader payout reserves, while the remaining funds will be used for team expansion and preparations for public launch. (The Block) https://(wublock123.com)/news/hypernova-prop-trading-platform-hyperliquid-raises-3m-pre-seed-61820