Fintech
Dartboard Energy
More 𝛼 less latency exchange and HFT on one chip.
Winter 2025
Kartik Pattaswamy
Founding Software Engineer
Pete Stevenson Ph.D. in Electrical Engineering (Stanford) prior ultra-low-latency FPGA trading experience (Citadel Securities) US Navy nuclear submarine officer prior startup experience. Benjamin Kilimnik B.S. Computer Science (Brown) background in systems cryptography and high-frequency/crypto trading prior engineering roles at New Relic / Pixie Labs.
Total Raised
$0
Stage
Early
Latest Round
Seed
Industry
Fintech
About
PAX is a new crypto CEX that delivers more 𝛼 with its in-silicon exchange and HFT technology. The PAX exchange integrated on-chip λ API provides deterministic nanosecond tick-to-trade latency. HFT λ traders experience non-adverse counterparty selection by pairing with free-tier traders who access PAX using our zero-cost & always rebated legacy API.
Using our patented technology PAX is building a new generation of exchange co-lo facilities that unite HFT with exchange and monetizing by vertically integrating exchange and platform technology as one.
Key Investors
CoreNest Capital (lead seed investor) Y Combinator (accelerator)
Company Snapshot
Employee Count
6
Status
Active
Former Names
PAX Markets Inc.
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