Thalex

Thalex

Crypto-native derivatives trading platform with a focus on options and futures.

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DateInvestorsAmountRound
investor investor investor investor investor investor investor

€0.0

round
*

€3.0m

Series A
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-(83 %)
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Thalex
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Thalex is a fintech startup operating in the cryptocurrency market, specifically focusing on trading options, futures, and perpetuals. The company's primary offerings are Bitcoin (BTC) and Ethereum (ETH) contracts. Thalex's business model is centered around its Market Quality Program (MQP), which incentivizes traders to make limit orders by offering rewards.

In 2023, the company paid out $885k through its MQP v1. The second version of this program, MQP v2, is now live and has doubled the reward pool size, distributing up to $200k per month. This program is open to everyone, creating a level playing field for all traders, regardless of their size or experience level.

Thalex also offers a trading fee share of up to 50%, allowing traders to monetize their activities further. This is a unique feature that sets Thalex apart in the highly competitive cryptocurrency trading market.

The company's revenue is primarily generated through trading fees. However, by sharing a portion of these fees with traders, Thalex encourages more trading activity, which in turn increases its revenue.

Thalex's target clients are cryptocurrency traders, both experienced and novice, who are looking for a transparent and equitable trading platform. The company's focus on empowering traders and providing equal access to opportunities makes it an attractive choice for those dissatisfied with the traditional, often opaque, trading platforms.

Keywords: Thalex, fintech, cryptocurrency, trading, options, futures, perpetuals, Bitcoin, Ethereum, Market Quality Program.

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