Defx
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Defx - overview
Established
2023
Location
-, -, US
Primary Industry
Software
About
Based in the US, Defx specializes in providing innovative decentralized trading solutions for cryptocurrencies, enabling traders to engage in high-leverage trading activities in a secure and user-friendly environment. Defx was founded in 2023 in the United States and operates a decentralized exchange (DEX) that focuses on cryptocurrency trading. The company has secured USD 2. 5 mn in Seed funding as of June 12, 2025, from investors including Pantera Capital and Baboon.
VC. The founder's history and previous ventures are not detailed, and there are no references to subsidiaries or changes in business strategy. Defx Perps DEX offers a specialized trading platform for cryptocurrencies, allowing users to engage in trading with up to 50x leverage. The platform facilitates decentralized trading of cryptocurrency derivatives, enabling traders to capitalize on price fluctuations without owning the underlying assets.
It serves a global clientele that includes individual traders and institutional investors, with significant usage in North America, Europe, and Asia, while providing a user-friendly interface and robust trading tools. Defx Perps DEX generates revenue through transaction fees on trades conducted on its platform, which are based on trade volume. This business operates in a B2C framework where individual traders interact with the platform for their cryptocurrency trading needs. The platform might offer tiered pricing structures for varying service levels, although specific details on pricing are not disclosed.
Revenue is significantly driven by its flagship leveraged trading services, appealing to demographics focused on maximizing investment potential. Following its Seed funding round on June 12, 2025, which raised USD 2. 5 mn, Defx plans to utilize this capital to launch and further develop its Layer 1 capabilities. The company aims to expand its offerings and improve its platform capabilities, with a focus on enhancing trading experiences.
Specific geographic regions targeted for expansion have not been disclosed.
Current Investors
CoinShares , Pantera Capital, CMT Digital
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.defx.com
Verticals
Blockchain, FinTech
Company Stage
Angel & Seed
Total Amount Raised
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