DEXILON is a next-generation decentralized derivatives exchange running a limit order book on a native blockchain built atop the Cosmos SDK. The platform supports launch of derivative contracts for non-crypto assets including metals, energy, soft commodities, and FX, and combines a decentralized matching engine with proprietary oracles. It targets institutional-grade trading with low costs, no gas for traders (gas covered from taker fees), and features designed for market makers. DEXILON has developed an innovative liquidation pool that lets users bid for liquidated positions rather than selling them into the market, intended to reduce flash-crash risk. The company launched a testnet and plans a mainnet launch later the year, and was founded in 2021.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2022