DX25 Labs
Earn, swap, and leverage on the most innovative platform to yield the best returns.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | N/A | $750k | Seed |
| Total Funding | 000k | ||
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DX25 Labs, founded in 2022 and headquartered in Zug, Switzerland, is the operator of a decentralized exchange (DEX) built on the MultiversX blockchain. The company was established by Mathias Lundoe Nielsen, a serial tech entrepreneur with a background in crypto and blockchain. DX25 Labs is the DeFi development arm of Tacans AG, a Web3 venture builder co-founded by Nielsen and Lars Seier Christensen, the founder of Saxo Bank and the Concordium blockchain. In March 2023, the company secured $750,000 in a seed funding round from private investors active in the DeFi space.
The firm's core business is providing a platform for decentralized trading that aims to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi). It targets both individual and institutional traders within the MultiversX ecosystem. The business model centers on transaction fees generated from swaps and other trading activities on the platform. A key feature is the use of dynamic fees, which are calculated to offer traders the best possible swap price with the lowest fee.
DX25's platform offers a suite of products, including an Automated Market Maker (AMM) Spot DEX and a planned Futures & Options Trading Platform for both crypto and commodities. The DEX launched its public testnet in May 2023 and went live on the mainnet in October 2023. Key features include single-sided liquidity provisioning, where users can provide liquidity for a single token, and concentrated liquidity, which allows providers to allocate assets within specific price ranges to maximize fee earnings. The platform also offers adaptable liquidity pools, giving users control over their contributions and fee rates. For derivatives, DX25 plans to introduce a cross-margin system that uses historical correlation for futures and delta offset for options to simplify collateral requirements. The platform is designed to be user-friendly, with an order-book style user experience, and emphasizes user control over funds, which are secured in smart contracts without third-party accounts.
Keywords: decentralized exchange, DX25 Labs, MultiversX, DeFi, crypto trading, derivatives trading, single-sided liquidity, concentrated liquidity, Mathias Lundoe Nielsen, Tacans Labs, decentralized finance, blockchain, cryptocurrency, futures trading, options trading, AMM, Spot DEX, financial software, crypto margin trading, Web3