EthosX

About EthosX

EthosX is a blockchain-based decentralized finance platform that enables users to trade financial derivatives directly, eliminating the need for intermediaries such as centralized exchanges and clearing houses. By providing transparent and secure access to both traditional and crypto markets, EthosX addresses the complexities and inefficiencies associated with derivatives trading, allowing users to manage their funds and transactions with greater control and confidence.

```xml <problem> Traditional derivatives trading involves intermediaries like centralized exchanges and clearing houses, leading to inefficiencies, higher costs, and potential security risks. The complexity of derivatives and options trading can also deter retail crypto investors, while institutional investors face challenges related to regulatory uncertainty and limited product ranges in the decentralized space. </problem> <solution> EthosX is a decentralized finance (DeFi) platform that enables direct trading of financial derivatives on the blockchain, eliminating intermediaries and streamlining the trading process. The platform provides access to both traditional finance and crypto markets, offering transparent and secure transactions. EthosX empowers users with greater control over their funds and trading strategies, while also providing tools and resources for informed decision-making. The platform supports perpetual options trading, customized quote requests, and on-chain clearing for efficient and cost-effective transactions. </solution> <features> - Direct derivatives trading without centralized intermediaries - Support for perpetual options (OPerps) with no expiration constraints - Request for Quote (RFQ) platform for customized vanilla and exotic derivatives - On-chain clearing for secure and transparent transaction processing - Multi-chain support for accessing a wider range of assets and trading opportunities - Real-time data and advanced analytics tools for informed trading decisions - Risk hedging capabilities to protect investments against price volatility - Integration with leading DeFi platforms for seamless trading experiences - Protocol liquidation safeguards to protect assets against liquidation risks - Ability to trade on BNB using non-BNB coins with leverage </features> <target_audience> EthosX targets both retail and institutional crypto traders seeking a decentralized platform for derivatives trading, including those interested in perpetual options, risk hedging, and direct market access. </target_audience> ```

What does EthosX do?

EthosX is a blockchain-based decentralized finance platform that enables users to trade financial derivatives directly, eliminating the need for intermediaries such as centralized exchanges and clearing houses. By providing transparent and secure access to both traditional and crypto markets, EthosX addresses the complexities and inefficiencies associated with derivatives trading, allowing users to manage their funds and transactions with greater control and confidence.

Where is EthosX located?

EthosX is based in Bengaluru, India.

When was EthosX founded?

EthosX was founded in 2022.

How much funding has EthosX raised?

EthosX has raised 2300000.

Location
Bengaluru, India
Founded
2022
Funding
2300000
Employees
5 employees
Major Investors
Y Combinator, Franklin Templeton, Token Metrics, Vijay Pravin Maharajan, MH Ventures
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EthosX

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

EthosX is a blockchain-based decentralized finance platform that enables users to trade financial derivatives directly, eliminating the need for intermediaries such as centralized exchanges and clearing houses. By providing transparent and secure access to both traditional and crypto markets, EthosX addresses the complexities and inefficiencies associated with derivatives trading, allowing users to manage their funds and transactions with greater control and confidence.

ethosx.xyz500+
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Crunchbase
Founded 2022Bengaluru, India

Funding

$

Estimated Funding

$2.3M+

Major Investors

Y Combinator, Franklin Templeton, Token Metrics, Vijay Pravin Maharajan, MH Ventures

Team (5+)

Smit Patoliya

EthosX (YC S22)

Surbhi Singh

Building On-chain derivatives and Blockchain Infrastructure

Amit Kumar

Head of Research

Company Description

Problem

Traditional derivatives trading involves intermediaries like centralized exchanges and clearing houses, leading to inefficiencies, higher costs, and potential security risks. The complexity of derivatives and options trading can also deter retail crypto investors, while institutional investors face challenges related to regulatory uncertainty and limited product ranges in the decentralized space.

Solution

EthosX is a decentralized finance (DeFi) platform that enables direct trading of financial derivatives on the blockchain, eliminating intermediaries and streamlining the trading process. The platform provides access to both traditional finance and crypto markets, offering transparent and secure transactions. EthosX empowers users with greater control over their funds and trading strategies, while also providing tools and resources for informed decision-making. The platform supports perpetual options trading, customized quote requests, and on-chain clearing for efficient and cost-effective transactions.

Features

Direct derivatives trading without centralized intermediaries

Support for perpetual options (OPerps) with no expiration constraints

Request for Quote (RFQ) platform for customized vanilla and exotic derivatives

On-chain clearing for secure and transparent transaction processing

Multi-chain support for accessing a wider range of assets and trading opportunities

Real-time data and advanced analytics tools for informed trading decisions

Risk hedging capabilities to protect investments against price volatility

Integration with leading DeFi platforms for seamless trading experiences

Protocol liquidation safeguards to protect assets against liquidation risks

Ability to trade on BNB using non-BNB coins with leverage

Target Audience

EthosX targets both retail and institutional crypto traders seeking a decentralized platform for derivatives trading, including those interested in perpetual options, risk hedging, and direct market access.