Also known as: PAX Markets, Inc.
More 𝛼, less latency: exchange and HFT on one chip.
Company is active
Event Year: 2025
Company is active
Event Year: 2025
PAX Markets is developing a novel cryptocurrency exchange designed to provide enhanced alpha generation opportunities through its innovative in-silicon exchange and high-frequency trading (HFT) technology. The PAX exchange incorporates an on-chip lambda API, enabling deterministic nanosecond tick-to-trade latency for sophisticated traders. This architecture ensures HFT traders experience equitable counterparty selection by pairing them with free-tier traders who access PAX via a zero-cost, always-rebated legacy API. Leveraging patented technology, PAX is constructing next-generation exchange co-location facilities, merging HFT capabilities directly with exchange functionalities. PAX's monetization strategy centers on vertically integrating exchange and platform technology into a unified, high-performance solution.
PAX Markets is developing a novel cryptocurrency exchange designed to provide enhanced alpha generation opportunities through its innovative in-silicon exchange and high-frequency trading (HFT) technology. The PAX exchange incorporates an on-chip lambda API, enabling deterministic nanosecond tick-to-trade latency for sophisticated traders. This architecture ensures HFT traders experience equitable counterparty selection by pairing them with free-tier traders who access PAX via a zero-cost, always-rebated legacy API. Leveraging patented technology, PAX is constructing next-generation exchange co-location facilities, merging HFT capabilities directly with exchange functionalities. PAX's monetization strategy centers on vertically integrating exchange and platform technology into a unified, high-performance solution.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2025
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2025
Fintech
Fintech
Fintech -> Banking and Exchange
Fintech -> Banking and Exchange
Team size: 6
Hiring: Yes
Team size: 6
Hiring: Yes