PANews reported on June 10 that Silhouette officially announced that it has completed a $3 million Pre-Seed round of financing led by RockawayX, with participating investors including Amber Group, HiveMind, Protagonist, No Limit Holdings, NGC Ventures and Echo.

Silhouette's "Shield Exchange" based on Trusted Execution Environments (TEE) is committed to implementing privacy-protected order matching and settlement functions on Hyperliquid, supporting HyperCore and HyperEVM, and providing a new DeFi experience with multiple high-level strategy operations including 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 strategies.