Globe Derivative Trading is a trading platform that facilitates the exchange of cryptocurrencies and derivatives, offering perpetual futures with zero maker fees and low taker fees while allowing various assets as collateral. The platform addresses the need for low-cost, high-speed trading with deep liquidity and advanced risk management tools, ensuring a secure and efficient trading experience.
Funding
$21.2M 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.
Founders
Product
Problem
Cryptocurrency traders often face challenges such as high trading fees, slow transaction speeds, limited collateral options, and the risk of platform overloads during periods of high market volatility. These issues can lead to increased costs, missed trading opportunities, and potential financial losses.
Solution
Globe Derivative Trading offers a platform for trading cryptocurrencies and derivatives, providing perpetual futures with zero maker fees and low taker fees. The platform supports a unified margin system, allowing users to utilize various assets, including BTC, USDT, and GDT, as collateral. Globe's engine is capable of processing over 2 million transactions per second (TPS) with low latency, ensuring efficient and reliable trading even during peak market activity. The platform also offers advanced trading tools and risk management features, including up to 100x leverage and cross-margin capabilities.
Target Audience
The primary target audience includes cryptocurrency traders, institutional investors, and market makers seeking a high-performance, low-fee platform for trading perpetual futures and spot crypto assets.
Features
- Perpetual futures trading with zero maker fees and low taker fees (0.05% base).
- Unified margin system supporting BTC, USDT, USDC, DAI, and GDT as collateral.
- High-performance trading engine capable of processing 2 million+ TPS with 6 microsecond latency.
- Advanced order types and risk management tools, including 100x leverage and cross-margin.
- Cold wallet storage for enhanced security of user funds.
- WebSocket API for seamless integration with trading applications.
- Spot market for buying and selling cryptocurrencies.
- Mobile app available for iOS and Android devices.