Back to Organizations
Sphinx Markets, Inc.
Sphinx Markets, Inc. is developing a 24/7 exchange for U.S. power, natural gas, and compute markets. Its platform will offer perpetual swaps and dated futures with T+0 settlement through a single margin account, serving energy operators, trading desks, institutions, and retail users.
Distributed
Sphinx Protocol
Project Links
Description
Sphinx is the first institutional-grade commodity derivatives exchange built on its own permissioned Layer 1 blockchain. It provides 24/7 direct access to futures, options, and perpetual swaps across oil, gas, and other energy commodities — enabling atomic settlement, 10x lower trading fees, and a 28% increase in capital efficiency. By removing friction in order matching, execution, clearing, settlement, trade netting, and cross-asset margining, Sphinx reduces back-office costs by 50% while boosting speed and liquidity. Designed for seamless institutional integration, Sphinx is the future of financial exchange infrastructure.Category: DeFi