Paradigm

We run a unified, non-custodial liquidity network for institutional crypto derivatives traders in both CeFi and DeFi. Our platform offers on-demand liquidity across multiple assets, legs, and protocols. We support deep liquidity for over 120 products, covering various assets, instruments, and strategies, letting users trade with any counterparty and settle on their chosen venue.

This includes DeFi Auctions, where users bid for DeFi option vault options and settle directly on-chain. Our network supports trading options, perpetuals, and futures on major cryptocurrencies, either as single trades or multi-leg spreads and combinations. We connect institutional traders, including market makers, OTC desks, hedge funds, family offices, and professional traders, to over 1,000 network counterparties and 50+ market makers. We integrate with both CeFi exchanges and DeFi protocols/blockchains for settlement.

We emphasize deep liquidity for large and multi-leg strategies, ensuring trade execution without order book impact and no-leg risk with atomic settlement. Our model is 100% non-custodial; we never take custody of user funds. Instead, custody is handled by our settlement partners (CeFi exchanges) or directly on a blockchain (DeFi protocols).

Founded in 2018, we are backed by investors including Jump Capital, Dragonfly Capital, Digital Currency Group, Genesis Trading, QCP Capital, Nexo, Optiver US, IMC, GSR Markets, Akuna Capital, Babel Finance, MGNR, Avon Ventures, CMT Digital, Pattern Research, Vectr Fintech, and Amber Group.

Our mission is to provide traders with on-demand liquidity, anytime and anywhere, without compromising on their trading preferences, execution costs, or immediacy. Our principles include:

• Customer Centricity: We deeply understand our customers’ needs.
• Ownership: Individuals lead by example, hold each other accountable, and drive results.
• No Ego: We emphasize growth and learning from mistakes.
• Be Impatient: We focus on speed and incremental product shipments.
• Hire and Recognize the Best: We hire and recognize the best to foster high performance and a strong cultural identity.
• Fairness and Inclusivity: We build products and a culture that enables access and opportunity without discrimination.

We are a global company that supports our employees with the flexibility and resources they need to achieve their goals. We value diversity, letting teammates celebrate national holidays from their home countries and offering floating holidays. We commit to long-term career growth, providing resources for employee development and opportunities to learn new skills and technologies. Our culture is also shaped by CEO advice like “Stop Complaining, Start Fixing,” “Own Your Balance,” “Say ‘Yes!’,” “Exceed Expectations,” “Be Indispensable,” and “Take Charge.”

We offer our employees a comprehensive benefits package, including:

• Unlimited paid time off
• A 401k/Roth retirement savings account
• Full health benefits (medical, dental, vision, flexible savings account)
• A $5,000 technology allowance for the first year