{"id":8909,"date":"2025-12-02T23:44:35","date_gmt":"2025-12-02T23:44:35","guid":{"rendered":"https:\/\/ecosystemstg.wpenginepowered.com\/?p=8909"},"modified":"2026-01-05T12:58:00","modified_gmt":"2026-01-05T12:58:00","slug":"supraliquid-raises-188m-supra","status":"publish","type":"post","link":"https:\/\/supra.com\/ecosystem\/supraliquid-raises-188m-supra\/","title":{"rendered":"SupraLiquid: The Future of On-Chain Trading Raises 188M $SUPRA on CommonFund"},"content":{"rendered":"\n<p>Supra is about to launch one of its most ambitious projects yet: <strong>SupraLiquid<\/strong>, a next-generation perpetual DEX built to rival centralized exchanges in both speed and user experience. On <strong>August 20<\/strong>, the <strong>Citadel-exclusive token sale<\/strong> went live on <a href=\"https:\/\/common.fund\">CommonFund<\/a>, offering early supporters the chance to participate in what Supra\u2019s co-founders call <em>\u201cICO 2.0.\u201d<\/em> The sale was a smashing success, raising more than <strong>188M $SUPRA<\/strong>, <strong>more than 188%<\/strong> of the raise&#8217;s minimum goal.  <\/p>\n\n\n\n<p>In a recent <a href=\"https:\/\/x.com\/SUPRA_Labs\/status\/1956416262856126706\">discussion<\/a>, <strong>Joshua Tobkin (CEO)<\/strong> and <strong>Jon Jones (CBO)<\/strong> explained why SupraLiquid represents not just another DEX, but the first true showcase of Supra\u2019s vertically integrated infrastructure. The vision: a <strong>community-first, VC-free launch<\/strong> with technology that could redefine how DeFi works. Keep reading to learn more! <\/p>\n\n\n<style>.kb-table-of-content-nav.kb-table-of-content-id8909_3d32eb-c8 .kb-table-of-content-wrap{padding-top:var(--global-kb-spacing-sm, 1.5rem);padding-right:var(--global-kb-spacing-sm, 1.5rem);padding-bottom:var(--global-kb-spacing-sm, 1.5rem);padding-left:var(--global-kb-spacing-sm, 1.5rem);}.kb-table-of-content-nav.kb-table-of-content-id8909_3d32eb-c8 .kb-table-of-contents-title-wrap{padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.kb-table-of-content-nav.kb-table-of-content-id8909_3d32eb-c8 .kb-table-of-contents-title{font-size:var(--global-kb-font-size-lg, 2rem);font-weight:regular;font-style:normal;}.kb-table-of-content-nav.kb-table-of-content-id8909_3d32eb-c8 .kb-table-of-content-wrap .kb-table-of-content-list{color:#cf2e2e;font-weight:regular;font-style:normal;margin-top:var(--global-kb-spacing-sm, 1.5rem);margin-right:0px;margin-bottom:0px;margin-left:0px;}.kb-table-of-content-nav.kb-table-of-content-id8909_3d32eb-c8 .kb-table-of-content-wrap .kb-table-of-content-list .kb-table-of-contents__entry:hover{color:#cf2e2e;}<\/style>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"the-supraliquid-difference\"><strong>Why SupraLiquid is Different<\/strong><\/h2>\n\n\n\n<p>At its core, SupraLiquid isn\u2019t just a DEX. It\u2019s a demonstration of what Supra\u2019s <strong>SuperLayer1<\/strong> and <strong>Superchain containers<\/strong> can achieve:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Lightning-fast execution<\/strong>: Blocks finalize in <strong>30\u201350 milliseconds<\/strong>, compared to the seconds (or even minutes) of typical chains.<\/li>\n\n\n\n<li><strong>Centralized speed with decentralized security<\/strong>: Most order activity (bids, asks, cancels) runs inside a microchain at Web2 speeds. The <strong>real asset value always stays secured on Supra\u2019s Layer 1<\/strong>, which verifies correctness and consensus.<\/li>\n\n\n\n<li><strong>Faster finality than optimistic rollups<\/strong>: Instead of waiting seven days for challenge periods, SupraLiquid achieves finality in <strong>1\u20132 seconds<\/strong>.<br><\/li>\n<\/ul>\n\n\n\n<p>This hybrid design means SupraLiquid can deliver the feel of a centralized exchange \u2014 deep order books, instant execution, advanced interfaces, without sacrificing the guarantees of decentralization.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"no-compromises\"><strong>No VCs, No Gas, No Compromises<\/strong><\/h2>\n\n\n\n<p>One of the strongest commitments from the Supra founders is that <strong>SupraLiquid is a community-first launch<\/strong>. Unlike traditional token launches where 20% or more is sold to venture capitalists, <strong>SupraLiquid will allocate just 1\u20132% to the community<\/strong> through CommonFund, with strict purchase caps to ensure fairness.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No VC allocations<\/strong>: Citadel stakers, not institutions, get first access.<\/li>\n\n\n\n<li><strong>25\u201333% discount for Citadel participants<\/strong>: Early supporters who locked their tokens for three months are rewarded with the lowest possible valuation, around <strong>$60M<\/strong>, compared to an $80M valuation for the public round.<\/li>\n\n\n\n<li><strong>Funds stay in the ecosystem<\/strong>: Tokens raised won\u2019t be cashed out. Instead, they\u2019ll be recycled into liquidity rewards, community incentives, and growth programs.<\/li>\n<\/ul>\n\n\n\n<p>As Josh put it: <em>\u201cThis is not a money grab. We don\u2019t even need the funds to build SupraLiquid \u2014 we want to do this as a way to reward those who believed in us early.\u201d<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"ico-model\"><strong>ICO 2.0: A Fairer Model for Token Launches<\/strong><\/h2>\n\n\n\n<p>The Supra team lived through the ICO boom of 2017\u20132018, when projects raised tens of millions only to collapse shortly after. That experience led them to design what they call <strong>ICO 2.0<\/strong>, built on three principles:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Milestone-based unlocks<\/strong>: Funds are only released as the project hits key milestones (audits, mainnet launch, etc.). If a project fails to deliver, contributors can recover their allocations.<\/li>\n\n\n\n<li><strong>Decentralized oversight<\/strong>: Governance ensures that token distribution is transparent and accountable.<\/li>\n\n\n\n<li><strong>Aligned incentives<\/strong>: Instead of dumping tokens, funds raised go directly back into the ecosystem.<\/li>\n<\/ol>\n\n\n\n<p>Supra applied this model to the SupraLiquid raise, setting a precedent for future Supra-native projects. In addition, the team plans to <strong>open-source ICO 2.0<\/strong> so other builders can adopt it for DeFi, NFT, or gaming launches.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"fuse-token-offering\"><strong>Introducing the Fuse Token Offering (FTO)<\/strong><\/h2>\n\n\n\n<p>A key innovation tied to SupraLiquid is the <strong>Fuse Token Offering (FTO)<\/strong>. In this model, new tokens are \u201cfused\u201d with the <span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\"><strong>$SUPRA token&#8217;s value<\/strong><\/span> through vault mechanics, aligning incentives between ecosystem projects and the Supra community.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Supra holders benefit from every launch<\/strong>: As more projects adopt the FTO model, a growing share of their value flows back to $SUPRA.<\/li>\n\n\n\n<li><strong>SupraLiquid is just the first<\/strong>: The team estimates <strong>35\u201340% of SupraLiquid\u2019s supply<\/strong> will be locked into the FTO structure, creating a strong long-term link between the project and Supra\u2019s Layer 1.<\/li>\n\n\n\n<li><strong>A virtuous cycle for growth<\/strong>: Over time, hundreds of projects could integrate their tokens with Supra, creating a compounding ecosystem effect in which all participants share in the upside.<br><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"why-commonfund\"><strong>Why SupraLiqud Launched on CommonFund<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img alt=\"\" fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"626\" src=\"https:\/\/ecosystemstg.wpenginepowered.com\/wp-content\/uploads\/2025\/12\/SupraLiquid-CF-Raise-1024x626.png\" alt=\"\" class=\"wp-image-8912\" srcset=\"https:\/\/supra.com\/ecosystem\/wp-content\/uploads\/2025\/12\/SupraLiquid-CF-Raise-1024x626.png 1024w, https:\/\/supra.com\/ecosystem\/wp-content\/uploads\/2025\/12\/SupraLiquid-CF-Raise-300x183.png 300w, https:\/\/supra.com\/ecosystem\/wp-content\/uploads\/2025\/12\/SupraLiquid-CF-Raise-768x469.png 768w, https:\/\/supra.com\/ecosystem\/wp-content\/uploads\/2025\/12\/SupraLiquid-CF-Raise-1536x939.png 1536w, https:\/\/supra.com\/ecosystem\/wp-content\/uploads\/2025\/12\/SupraLiquid-CF-Raise-2048x1252.png 2048w, https:\/\/supra.com\/ecosystem\/wp-content\/uploads\/2025\/12\/SupraLiquid-CF-Raise-150x92.png 150w, https:\/\/supra.com\/ecosystem\/wp-content\/uploads\/2025\/12\/SupraLiquid-CF-Raise-450x275.png 450w, https:\/\/supra.com\/ecosystem\/wp-content\/uploads\/2025\/12\/SupraLiquid-CF-Raise-1200x734.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>SupraLiquid\u2019s sale was hosted on <strong>CommonFund<\/strong>, a non-custodial platform that gives communities early access to ecosystem deals. Citadel participants who showed faith by locking in their $SUPRA for three months received priority access to the sale.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Sale in $SUPRA only<\/strong>: No USDC, no stables, this sale was designed to strengthen Supra\u2019s token economy.<\/li>\n\n\n\n<li><strong>Low minimums, capped maximums<\/strong>: Accessible for smaller holders, while preventing whales from dominating.<\/li>\n\n\n\n<li><strong>KYC-enabled<\/strong>: Ensures fairness, compliance, and prevents bad actors.<\/li>\n<\/ul>\n\n\n\n<p>The sale is expected to raise around <strong>$1M<\/strong>, with all proceeds funneled back into community incentives for SupraLiquid\u2019s growth.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"beyond-trading\"><strong>Beyond Trading: A Platform for Gaming &amp; More<\/strong><\/h2>\n\n\n\n<p>While SupraLiquid is the first showcase, the underlying technology,<strong> Superchain containers<\/strong>, opens the door to much more. These microchains can deliver Web2-level performance for high-frequency use cases like:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>On-chain gaming<\/strong>: Mass-market experiences without lag.<\/li>\n\n\n\n<li><strong>Advanced DeFi<\/strong>: High-frequency trading, derivatives, and real-time oracles.<\/li>\n\n\n\n<li><strong>Custom ecosystems<\/strong>: Tailored blockspace for projects without sacrificing Supra\u2019s security.<\/li>\n<\/ul>\n\n\n\n<p>This is why Supra calls its approach <strong>\u201cvertical integration\u201d<\/strong>: a high-throughput Layer 1, oracles, cross-chain communication, automation, and now an ultra-fast DEX, all designed to work seamlessly together.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"why-it-matters\"><strong>Why This Matters<\/strong><\/h2>\n\n\n\n<p>SupraLiquid is more than a trading platform. It\u2019s a statement:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>That DeFi can be as fast as centralized exchanges without losing security.<\/li>\n\n\n\n<li>That communities, not VCs, should be first in line to benefit from new launches.<\/li>\n\n\n\n<li>That Supra\u2019s infrastructure is ready to support the next generation of applications, from DeFi to gaming.<\/li>\n<\/ul>\n\n\n\n<p>As Jon Jones put it, <em>\u201cThis is a rare case where everyone can win \u2014 the project, the ecosystem, and the community.\u201d<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"wrap-up\"><strong>Final Thoughts<\/strong><\/h2>\n\n\n\n<p>SupraLiquid is the beginning of something much bigger: an <strong>ecosystem where every project launched strengthens the Supra network<\/strong>. By combining high-performance technology, community-first distribution, and a milestone-based funding model, Supra is rewriting the rules of token launches.<\/p>\n\n\n\n<p>This is <strong>ICO 2.0 in action<\/strong>. And it starts with SupraLiquid.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supra is about to launch one of its most ambitious projects yet: SupraLiquid, a next-generation perpetual DEX built to rival centralized exchanges in both speed and user experience. On August 20, the Citadel-exclusive token sale went live on CommonFund, offering early supporters the chance to participate in what Supra\u2019s co-founders call \u201cICO 2.0.\u201d The sale<\/p>\n","protected":false},"author":3,"featured_media":8913,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"SupraLiquid: The Future of On-Chain Trading Raises 188M $SUPRA on CommonFund","_seopress_titles_desc":"On Aug. 20, the SupraLiquid token sale went live on CommonFund, raising more than 188M $SUPRA and blasting past the project's fundraising goals.","_seopress_robots_index":"","footnotes":""},"categories":[8],"tags":[82,87,88,76],"class_list":{"0":"post-8909","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-defi","8":"tag-commonfund","9":"tag-fuse-token-offering","10":"tag-ico-2-0","11":"tag-supraliquid"},"acf":[],"_links":{"self":[{"href":"https:\/\/supra.com\/ecosystem\/wp-json\/wp\/v2\/posts\/8909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/supra.com\/ecosystem\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/supra.com\/ecosystem\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/supra.com\/ecosystem\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/supra.com\/ecosystem\/wp-json\/wp\/v2\/comments?post=8909"}],"version-history":[{"count":0,"href":"https:\/\/supra.com\/ecosystem\/wp-json\/wp\/v2\/posts\/8909\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/supra.com\/ecosystem\/wp-json\/wp\/v2\/media\/8913"}],"wp:attachment":[{"href":"https:\/\/supra.com\/ecosystem\/wp-json\/wp\/v2\/media?parent=8909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/supra.com\/ecosystem\/wp-json\/wp\/v2\/categories?post=8909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/supra.com\/ecosystem\/wp-json\/wp\/v2\/tags?post=8909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}