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More πΌ, less latency: exchange and HFT on one chip.
PAX is a new crypto CEX that delivers more πΌ with its in-silicon exchange and HFT technology. The PAX exchange integrated on-chip Ξ» API provides deterministic nanosecond tick-to-trade latency. HFT Ξ» 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.
PAX Markets positions itself as a crypto exchange offering zero-fee trading with cash-back on every trade and claims ultra-low latency via a patented API and co-location on a chip. It emphasizes speed from decision to execution and targeted support for algorithmic clients.
PAX Markets provides zero-fee trading with cash-back on every trade, enabled by an API-driven exchange with co-location on a chip to minimize latency. Traders place orders through the PAX API, which is designed to deliver speed advantages over off-exchange servers, effectively trading inside the exchange with near-instant execution. The model monetizes by selling access to its API, while offering rebates on trades and zero-fee trades for many users.
Who itβs for: Institutions and retail traders seeking ultra-low-latency crypto trading, algorithmic traders, market makers, and those needing API-based access to a high-speed exchange with zero-fee trading and cash-back rebates.
Hiring (Founding roles listed) and active early access / careers pages; emphasis on building frontier exchange technology
CEO at PAX. High frequency crypto trader. Ultra low-latency FPGA trading at Citadel Securities. U.S. Navy officer, nuclear powered fast attack submarine. Participated in two exited startups: HICAMP acquired by Intel and Pixie acquired by New Relic. Ph.D., Stanford, electrical engineering. B.S. U.S. Naval Academy.
CTO at PAX. High frequency crypto trader. Smart contract trader. Cryptography and systems researcher at Brown. Distributed systems software at New Relic. Privacy engineer at Pixie Labs, startup exited to New Relic. B.S. Brown University, computer science.
PAX makes high frequency faster and every trade cost less.
PAX builds an exchange on a chip with a zero-fee base and cash-back on every trade, targeted at high-frequency traders. It offers the Ξ» API for ultra-low latency order placement within nanometers of the exchange and aims to improve market efficiency across crypto and other assets.
