Singapore, Singapore, 12 June 2025, Chainwire
Defx, a new layer 1 built for trade, has one $ 2.5 million seed round To one Dark Pool Dex for a eternal future trade – where order, position sizes, leverage, long/short exposure and liquidation thresholds are fully coded The use of zero-knowledge tech, while transaction integrity remains publicly verifiable onchain.
Investors include Pantera Capital, CMT Digital, Gumi Cryptos, Coinshares, Robot Ventures, Cadenza Ventures, Bavoon VC and angel investors such as Sandep Nailwal (Polygon) and Mahin Gupta (Liminal).
The financing supports the development and launch of Defx’s Layer 1-blockchain for real-time, on-chain trade infrastructure of perpetual contracts between cryptocurrencies, raw materials, currencies, indices and more.
A new paradigm: privacy for traders, transparency for the market
In most Defi trading systems, transaction data is fully visible onchain. Although this supports transparency, it also reveals sensitive trade details such as order size, leverage and liquidation thresholds. For traders who manage or perform structured strategies, these visibility can introduce risks around implementation and position integrity.
Defx uses a different approach. By integrating zero knowledge lectures directly into the implementation layer, Defx trades in trade with the preservation of complete verifiability Onchain.
This includes:
- Coded order parameters such as size, direction, liver and liquidation thresholds
- Hidden profit and loss statistics throughout the lifetime of a position
- No public exposure of open transactions or collateral data
- Validate evidence that fills, margin controls, reimbursements and liquidations without revealing the underlying strategy
All transactions are publicly verifiable via Onchain certificates. The aim is to protect the intention of the traders and at the same time to maintain trust at the protocol level creating a more neutral, implementing environment for everyone who participates in the market.
Purpose built for active traders
Defx is a layer 1 blockchain built for perpetual futures, the chain architecture includes cross-margin and multi-collateral trade accounts and a liquidity layer consisting of safes, liquidity providers (LPS) and market makers.
Defx has Sub-Millisecond Matching, a Central Limit Office (CLOB), supports contracts on both EVM and Solana and does not relate to bridges or packaged tokens. Users can take assets directly from Solana, Ethereum, Arbitrum, Base, Berachain and more. The chain architecture includes cross-margin and multi-collateral trade accounts and a liquidity layer consisting of safes, liquidity providers (LPS) and market makers.
On safe liquidity, built for scale
Everyone can offer liquidity through Onchain safes and reimbursements + protocol income. Users can use BTC, ETH, Stablecoins or LSTs and earn protocol yield, trading costs and rewards.
This system ensures a deep liquidity for traders and passive yield for capital allocators, with full onchain transparency.
Multi-as set and multi-collateral support
Defx supports a wide range of assets about:
- Crypto
- FX -markets
- Goods
- Tradfi -Indices
- Interest rates perps, and much more
Trades can be financed with various colland options, including stablecoins, top cryptocurrencies and yield -generating tokens while retaining underlying exposure to assets.
Team
The founder of Defx Labs – Darshan Bathija, Sanju Sony Kurian and Soumyadep Das has been building Web3 companies since 2018. They previously led Vaululd, which became Asia’s largest crypto -credit company, with nearly 1 million customers. After they were navigated by their previous enterprise by the challenges of the Crypto-Winter of 2022, they learned critical lessons about risk management and the most important importance of self-herb. These insights now inform Defx’s architecture and position the team to again define how Onchain -Rijkdom is managed without counterparty risk.
Roadmap
Future initiatives for Defx include the launch of public stimulation programs, trade competitions, extra safe integrations, spot trade, trade with social memecoin, self-spices embedded portfolios, native to/off-elisals and the expansion of community-driven initiatives.
Defx brings dark swimming pools to Defi. The ZK-driven, privacy-first Perps Dex, with real performance, real yield and no counterparty risk.
About Defx
Defx is a specially built layer 1 blockchain designed for the actions of eternal futures in crypto, FX, raw materials and synthetic markets. By combining a high-performance clob engine with zero knowledge tenders and a safe-based liquidity system, Defx offers private, composable and verifies fair Onchain trade. The protocol makes encrypted order flow, multi-collateral marginization and native cross-chain onboarding possible without bridges or packed assets.
Contact
CEO
Darshan Bathija
Defx Labs
darshan@defx.com