Woofun AI reports that Multicoin Capital led a $1.75 million seed funding round for Trasia Labs, marking its entry into the Hyperliquid ecosystem. Trasia, co-founded by Mable Jiang and Edison Chen, operates as a non-custodial perpetual contract platform targeting Asian investors. The web version launched on July 17th with bilingual support, while a mobile app is scheduled for August alongside an invitation-only Asia Points program. Future developments include proprietary contracts via the HIP-3 protocol, focusing on AI infrastructure and Pre-IPO assets. Over $35 million in HYPE and USDC has been deployed to support market growth.