EthosX GTM brain

EthosX offers on-chain derivatives trading and infrastructure to crypto traders, institutions and protocols.

category

Decentralized derivatives

market profile

  • text: Crypto traders seek options and perpetuals with direct on-chain settlement.
  • text: Institutional and protocol use cases include large options trades and treasury hedging, according to its YC launch.

personas

  • title: Crypto derivatives trader
    pains:
    • Wants direct access to options and perpetuals without a chain of intermediaries
    • Needs ways to manage token price volatility
  • title: Crypto protocol treasury lead
    pains:
    • Needs to hedge treasury exposure
    • Wants to incorporate volatility protection into a customer product
  • title: Institutional derivatives portfolio manager
    pains:
    • Needs infrastructure for sizable options trades
    • Must evaluate counterparty and settlement exposure

icp

  • text: Crypto protocols with token treasuries or consumer-facing financial products are a potential infrastructure segment.
  • text: Hedge funds and other financial institutions seeking on-chain derivatives are an institutional target.

message pillars

  • text: Trade derivatives without traditional intermediaries.
  • text: Connect traditional and crypto markets.
  • text: Explore markets directly.

objections

  • objection: How safe are smart contracts and settlement?
    response: Request the current audit, contract addresses and settlement mechanics before trading; avoid assuming zero risk.
  • objection: Will liquidity and execution support my trade size?
    response: Test the relevant market and size and compare execution against existing venues.
  • objection: Is it available in my jurisdiction?
    response: Check current eligibility and applicable rules before connecting or trading.

competitors

  • name: PowerTrade
    why: Crypto options and derivatives exchange, identified as a comparable by CB Insights.
  • name: Paradex
    why: Another derivatives platform listed in the CoinDCX Web3 landscape.

keywords

  • decentralized crypto options
  • on-chain derivatives
  • perpetual options
  • crypto treasury hedging
  • decentralized perpetual trading

voice

  • Direct and accessible
  • Community-oriented
  • Anti-intermediary

signals

  • text: A protocol holds a volatile token treasury and is evaluating hedging.
  • text: A trading firm is exploring on-chain options settlement.

stack

  • Arbitrum
  • BNB Chain

pricing

model: unknown

motion

hybrid

channels

  • X
  • LinkedIn
  • Discord
  • community
  • partnerships

confidence

medium

Founders

  • name: Deepanshu .
    title: Founder
    role: Founder
    bio: 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.
  • name: Smit Patoliya
    title: Founder
    role: Founder
    bio: 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.

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