GlobeDX

GlobeDX

A crypto derivatives exchange where institutions and consumers transact digital currencies. Learn more

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues1.0m1.0m
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GlobeDX is a cutting-edge cryptocurrency derivatives exchange that caters to both individual traders and institutional clients. The company operates in the fast-growing digital assets market, offering a platform where users can trade various crypto assets with advanced financial instruments such as perpetual futures. These futures closely track the price of asset pairs like XBTUSD, allowing traders to buy long, sell short, and use leverage up to 100 times their investment.

The business model of GlobeDX revolves around providing a highly liquid and transparent trading environment. Liquidity is enhanced by external market makers, ensuring that trades can be executed quickly and efficiently. The platform charges fees based on the type of order: takers, who match existing bids or asks, pay a fee of 0.075%, while makers, whose orders are not immediately matched, receive a rebate. This fee structure incentivizes liquidity and active trading on the platform.

GlobeDX also offers specialized services for businesses, including treasury services that provide up to 8% interest on stablecoin products. This helps companies extend their financial runway and manage their funds more effectively. The platform boasts $150 million in total value committed, emphasizing its credibility and trustworthiness in the market.

The company is led by CEO James West, a seasoned technologist and digital assets pioneer with a strong background in quantitative trading and investment. His leadership and expertise have been instrumental in growing the platform and ensuring its success.

In summary, GlobeDX is a premier cryptocurrency derivatives exchange that combines deep liquidity, advanced trading instruments, and specialized financial services to serve both individual and institutional clients in the digital assets market.

Keywords: cryptocurrency, derivatives, exchange, perpetual futures, liquidity, leverage, stablecoin, treasury services, trading platform, digital assets.

Tech stack

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