About Defx

What is Defx (DEFX)?

Defx is a hybrid decentralized trading venue built on its own Layer 1 blockchain. It’s designed for perpetual contracts with sub-millisecond central limit order book (CLOB) matching. Orders are settled natively across blockchains like Arbitrum, Base, Blast, and Solana. A unique angle is privacy: upcoming zero-knowledge encryption will let trades remain verifiable onchain without exposing order details.

How does the Defx token system work?

There’s no live coin yet—Defx runs a points-based rewards system. From June 2025 through January 2026, 4 million points are distributed weekly to traders. These points are tied to trading volume and referrals, with commissions ranging from 30% to 50% plus a 5% fee kickback. The program is expected to convert into retroactive DEFX token rewards once the generation event takes place.

What do we know about DEFX tokenomics?

Concrete tokenomics for the DEFX coin haven’t been released. The points program effectively acts as early allocation, but ratios and supply details remain undisclosed. It’s still early-stage with much left to clarify.

Are there any vesting or unlock schedules?

No. Defx hasn’t published vesting charts, unlock percentages, or team allocations. The weekly point distribution running from June 2025 to January 2026 is the only mechanism in place before any token generation event.

Who invested in Defx?

Defx raised $2.5M in a seed round in June 2025. Pantera Capital led the deal, joined by CMT Digital, gumi Cryptos Capital, Robot Ventures, Cadenza Ventures, CoinShares Ventures, and Baboon VC. Angel investors include Sandeep Nailwal (Polygon co-founder) and Mahin Gupta (Liminal founder).

Where can traders access Defx?

Trading happens directly on its custom Layer 1 with settlement through Arbitrum. Expansion plans include Base, Solana, TON, Ethereum, and Berachain by Q4 2025. Collateral is USDC today, with multi-asset support planned. Leverage goes up to 25x in standard mode and 1000x in “Degen mode.”

What campaigns or airdrops are active?

The Defx Points Distribution Program runs from June 2025 to January 2026. Each week, 4 million points are shared among active traders. Participation requires using Arbitrum, depositing USDC, and executing trades. Referral tiers boost commissions from 30% up to 50%, with a constant 5% fee kickback.

What’s on the roadmap for Defx?

Mainnet with isolated margin went live in 2024, followed by cross-margin and permissionless listings. By Q4 2025, Defx aims to deploy its sequencer on a custom L2/L3 solution. The ultimate milestone is Q2 2026, when the sequencer decentralizes fully, removing a key centralization risk.

What risks should users be aware of?

Defx is still early-stage, with custom Layer 1 tech introducing execution risk. Liquidity is limited versus established platforms. The sequencer remains semi-centralized until 2026. Regulatory pressure on DeFi perpetuals and the use of zero-knowledge privacy features could pose challenges. Cross-chain settlement adds further complexity.