Euphoria, a MegaETH-powered mobile crypto derivatives trading app, has raised $7.5 million from over 100 investors. The funding includes a $2.5 million pre-seed in November 2024 and a $5 million seed round between February and July 2025, led by Karatage with Figment Capital, Robot Ventures, and others participating. Designed for simplicity, Euphoria introduces “tap trading,” enabling users to trade options and perpetuals through an intuitive mobile interface. Revenue will come from market-making and transaction fees. The team plans to launch on MegaETH mainnet later this year, expand hiring, and target broader adoption in the rapidly growing decentralized trading market.