First exchange to operate from a single chip rather than datacenter. 30 nanosecond latency (1000x faster than competitors). Zero-fee crypto exchange. Y Combinator W25 batch. Founded 2024 by ex-Citadel Securities and crypto HFT traders.
Resource Directory content is Copyright NexusFi® and may ONLY be used with a discrete citation specifically linking to the original listing at https://nexusfi.com/d/Resource Directory listing is Copyright NexusFi® and may ONLY be used with a discrete citation specifically linking to the original listing at https://nexusfi.com/d/
Overview
Pricing Model
free
Products & Services
PAX Crypto Exchange
exchange
Zero-fee cryptocurrency exchange with cash-back on every trade, operating from a single chip
Free tier availableZero fees for all traders, +1.5 bps rebates
Former HFT traders from crypto and traditional markets. Pete worked on ultra low-latency FPGA trading at Citadel Securities, was US Navy officer, participated in two exited startups (HICAMP acquired by Intel, Pixie acquired by New Relic)
Resource Directory listing is Copyright NexusFi® and may ONLY be used with a discrete citation specifically linking to the original listing at https://nexusfi.com/d/
Competitive Analysis
Proposition: First exchange operating from single chip - 1000x faster than competitors (30 nanoseconds vs 30 microseconds)
Resource Directory listing is Copyright NexusFi® and may ONLY be used with a discrete citation specifically linking to the original listing at https://nexusfi.com/d/
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