Paradigm is a non-custodial liquidity network that connects institutional crypto derivatives traders across centralized finance (CeFi) and decentralized finance (DeFi) platforms, enabling seamless trading of over 120 products. By facilitating direct transactions between market participants without holding assets, Paradigm enhances liquidity and flexibility in the crypto derivatives market.
Funding
$40.8M 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
Institutional crypto derivatives traders face fragmented liquidity across centralized (CeFi) and decentralized finance (DeFi) platforms, hindering efficient trading and price discovery. This fragmentation makes it difficult to execute large orders and manage risk effectively.
Solution
Paradigm provides a non-custodial liquidity network that connects institutional traders to facilitate seamless trading of crypto derivatives across CeFi exchanges and DeFi protocols. The platform enables direct transactions between market participants for over 120 products, including options, perpetuals, and futures on various cryptocurrencies. By aggregating liquidity and offering advanced trading strategies like single or multi-leg spreads, Paradigm enhances flexibility and execution efficiency. Traders can access a broad network of counterparties, including market makers, OTC desks, hedge funds, and family offices, and settle trades on their preferred venue.
Target Audience
The primary target audience includes institutional crypto derivatives traders, market makers, OTC desks, hedge funds, and family offices seeking enhanced liquidity and efficient execution.
Features
- Unified market access across CeFi and DeFi for crypto derivatives
- Support for trading options, perpetuals, and futures as single or multi-leg spreads
- Integration with multiple CeFi exchanges and DeFi protocols for settlement
- Access to a network of institutional traders, market makers, and OTC desks
- Non-custodial architecture ensuring users retain control of their assets
- API documentation for programmatic trading and integration
- Real-time market statistics and analytics