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The DeFi Exchange
for Trading Commodities

"If you don't like the system, you can't just advocate for change.

You have to build something that makes a change."

             - Lyn Alden

Sphinx is an exchange that enables exposure to commodities like energy through perpetual swaps. Our unique trading architecture leverages an off-chain order book with on-chain settlement.

Efficient
Secure
Intuitive
Focused
Flexible
Transparent

Efficient

Innovative

Flexible

Secure

Focused

Transparent

24/7 low latency trading coupled with fast clearing and settlement.

Trade on our seamless interface, or leverage your favorite OEMS. 

Be your own custodian, or use one of our trusted partners.

Cryptographic signatures secure every transaction, mitigating risk.

Maximize trading leverage and increase capital efficiency.

Our risk engine protects your liquidity during periods of volatility.

Circle
Metamask
Pyth
BitGo
Blizzard Fund
User interface
Maximize your leverage, hedge your exposure. Trade directly on Sphinx or connect via one of our HFT APIs, including a FIX 4.2 interface.
To meet the growing need for institutional DeFi solutions, Sphinx is a new decentralized exchange protocol providing continuous futures trading using perpetual swaps. 
Sphinx architecture

Our index methodologies for commodities provide accurate price discovery and contribute to greater market efficiency.

Markets coming soon...

Sphinx pricing index
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