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.
Funding
$2.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
FTTMVPFounders
Product
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.
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.
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