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EthosXThe protocol for derivatives on blockchains

EthosX is a decentralized finance platform creating end-to-end financial derivatives on blockchains. No centralized exchanges, clearinghouses, depositories, clearing banks, CSD participants etc. required. We are starting with cryptocurrency options first, with the intention to move towards other crypto derivatives and traditional finance derivatives eventually. For example, one can buy a bitcoin hedging token directly from EthosX without involving any exchange or counterparty and earn profits when the bitcoin price is falling (similar to a put option). It is perpetual and is completely on-chain, end-to-end. It is held as a token in wallets and can be sold/transferred to anyone at any time. At institutional level, using EthosX’s options infrastructure two hedge funds can trade high-value on-chain options with each other directly without involving any banks or brokers with zero counterparty risk and zero settlement risk. We are also providing derivatives infrastructure to other crypto companies who want to use these products as a part of a larger package to their customers. Global derivatives ecosystem is broken. Derivatives trading in traditional finance has way too many gatekeepers and intermediaries. Crypto was supposed to be free of these issues and a solution to all of this, but it is itself getting more and more centralized with disastrous consequences. We at EthosX intend to pick the best of both worlds and change the way retail and institutional financial derivatives are traded world over.

2022-07-12
Active
Early
S22
2
Fintech
United States of AmericaIndiaAmerica / CanadaSouth AsiaRemoteFully Remote
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More About EthosX

EthosX - Revolutionizing Derivatives Trading

Trade with No Intermediaries

Key Features

  • No Intermediaries: Trade high-value vanilla/exotic derivatives directly without banks, brokers, or any other intermediaries.
  • Blockchain-Based Infrastructure: Fully on-chain trading, clearing, and settlement via smart contracts.
  • Non-Custodial: Assets and trades remain under the control of trading institutions.
  • Automated Clearing House: Decentralized, smart contract-based clearing for capital-efficient trading.
  • Transparency: Open-source and fully transparent operations.

Use Cases

  • Cryptocurrency Options: Start trading cryptocurrency options with more derivatives types in the pipeline.
  • Traditional Finance Derivatives: Future support for traditional finance derivatives, ensuring end-to-end on-chain processes.
  • Institutional Trading: Ideal for trading institutions seeking non-custodial, automated, and transparent trading solutions.

Pricing

Pricing details will be announced soon. Stay tuned for updates by leaving your contact details.

Teams

  • Deepanshu (Co-Founder & CEO): Over 8 years in the global derivatives industry, passionate about revolutionizing financial derivatives.
  • Smit (Co-Founder & CTO): Experienced quant, building algorithms for financial derivatives trading, focused on new paradigms in derivatives trading.
  • Amit (Head of Research): 6+ years as a Quantitative Strategist, passionate about blockchain technology and decentralized finance.
  • Surbhi (Head of BD): 7+ years in derivatives trading, structuring, investing, and business development, with experience at Deutsche Börse, Eurex, and GSR.