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PAX Markets

More 𝛼, less latency: exchange and HFT on one chip.

y-combinatorWinter 2025🇺🇸 San Francisco6 peoplehiring
Benjamin Kilimnik
Pete Stevenson

Benjamin Kilimnik, Pete Stevenson · 2 co-founders

2025Founded
Team
6
current
Co-founders
2
current
Stage
Founded
Source for Founded
Profile coverage4 of 8 · missing Funding, Signals, Customers, Stack / tools · last run 8/10/2026

About

PAX is a new crypto CEX that delivers more 𝛼 with its in-silicon exchange and HFT technology. The PAX exchange integrated on-chip λ API provides deterministic nanosecond tick-to-trade latency. HFT λ traders experience non-adverse counterparty selection by pairing with free-tier traders who access PAX using our zero-cost & always rebated legacy API. Using our patented technology, PAX is building a new generation of exchange co-lo facilities that unite HFT with exchange and monetizing by vertically integrating exchange and platform technology as one.

2 founders