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IDEX - About the company

IDEX is an acquired company based in San Francisco (United States), founded in 2016 by Alex Wearn and Phil Wearn. It operates as a Decentralized exchange platform for cryptocurrencies. IDEX has raised $2.5M in funding from G1 Ventures and Borderless Capital. The company has 534 active competitors, including 90 funded and 8 that have exited. Its top competitors include companies like Uniswap, 0x and 1inch.

Company Details

IDEX is a decentralized exchange platform for cryptocurrencies. It is built on the Ethereum blockchain and allows users to buy, sell & trade digital assets. Offers tools, APIs, and trading engines for order management, settlement of trades, and developing trading strategies. In 2020, the company recorded annual revenues of $2.4 B and a net profit of $377.8 M
Website
idex.io
Social
X
Email ID
*****@idex.io
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Acquired
Total Funding
$2.5M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
20 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by katana (Mar 23, 2026)

IDEX's acquisition details

IDEX got acquired by katana on Mar 23, 2026.
Click here to take a look at IDEX's acquisition in detail
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IDEX's funding and investors

IDEX has raised a total funding of $2.5M over 1 round. Its latest funding round was a Seed round on Aug 06, 2020 for $*****. 4 investors participated in its latest round. IDEX has 7 institutional investors.

Here is the list of recent funding rounds of IDEX:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 06, 2020
6640881
Seed
7693237
1173265
5149332
4288414
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IDEX's founders and board of directors

Founder? Claim Profile
The founders of IDEX are Alex Wearn and Phil Wearn.
Here are the details of IDEX's key team members:

IDEX's employee count trend

IDEX has 20 employees as of Aug 26. Here is IDEX's employee count trend over the years:
Employee count trend for IDEX
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IDEX's Competitors and alternates

Top competitors of IDEX include Uniswap, 0x and 1inch. Here is the list of Top 10 competitors of IDEX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Uniswap
Uniswap
2018, New York City (United States), Series B
Provider of a decentralized exchange platform for cryptocurrency
$176M
79/100
2nd
Logo for 0x
0x
2016, San Francisco (United States), Series B
Open protocol for decentralized P2P exchange
$86.9M
68/100
3rd
Logo for 1inch
1inch
2019, Tortola (United Kingdom), Series B
Provider of decentralized finance infrastructure for cross chain token swaps
$190M
67/100
4th
Logo for Bitfinex
Bitfinex
2012, Hong Kong (China), Funding Raised
Online cryptocurrency trading platform
-
66/100
5th
Provider of blockchain-based market makers for cryptocurrencies
-
64/100
6th
Solana-based decentralized platform offering a swap aggregator service
$35M
64/100
7th
Logo for ShapeShift
ShapeShift
2015, London (United Kingdom), Series A
Online trading platform for cryptocurrency
$12.5M
61/100
8th
Logo for LI.FI
LI.FI
2021, Berlin (Germany), Series A
Online platform for DEX aggregation of cross-chain bridging, swapping, and messaging
$52M
58/100
9th
Logo for IDEX
IDEX
2016, San Francisco (United States), Acquired
Decentralized exchange platform for cryptocurrencies
$2.5M
57/100
10th
Logo for Sushi
Sushi
2020, Japan, Funding Raised
Provider of an online decentralized exchange platform for cryptocurrencies
-
55/100
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IDEX's Investments and acquisitions

IDEX has made no investments or acquisitions yet.

Reports related to IDEX

Here is the latest report on IDEX's sector:

News related to IDEX

lockFilter this list
Media has covered IDEX for 1 event in last 1 year.
•
•
IDEX Fiat On-Ramp with WyreSmartliquidity•Jul 06, 2022•IDEX, Wyre
•
IDEX’s $500 Million Notes OfferingGlobal Legal Chronicle•Jun 09, 2021•Sidley, IDEX, Davis Polk, J P Morgan and 2 others
•
IDEX acquiring Abel PumpsMining Magazine•Jan 12, 2021•IDEX, ABEL
•
IDEX to acquire Abel Pumps for $103.5MSeeking Alpha•Jan 11, 2021•IDEX, ABEL
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