EthosX
The protocol for derivatives on blockchains
What they do
On-chain traders and institutions lack a fully decentralized way to create, trade, and settle derivatives without relying on centralized exchanges and clearing infrastructure.
EthosX is a DeFi protocol that issues and manages end-to-end, fully on-chain derivatives starting with cryptocurrency options (e.g., perpetual hedging tokens) that can be held and transferred as tokens.
Crypto traders and institutional market participants such as hedge funds needing decentralized options and other derivatives.
Founders
Deepanshu is Co-founder and CEO of EthosX. He has been a quantitative finance professional for over 8 years. He is very passionate about using the blockchain technology generally and cryptocurrencies specifically to solve real world problems, especially problems related to financial markets. He was Vice President of Quantitative Research in the Global Derivatives Clearing business at JP Morgan Chase before EthosX . He studied engineering at IIT Kharagpur and obtained his MBA from IIM Calcutta.
Smit did B.Tech. in Chemical Engineering from IIT Madras. He has worked in quantitative finance most of his career and has keen interest in financial derivatives. At EthosX, he aims to build end-to-end derivatives solutions on blockchain.
Company timeline
- Founded2022
- YC batchSummer 2022
- StatusActive
- Team size2 people
- LocationClaymont, DE, USA; Bengaluru, KA, India; Mumbai, MH, India; Remote
Similar startups
