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LogX - About the company

LogX is a seed company based in George Town (Cayman Islands), founded in 2021 by Akshit Bordia and Anshu Agrawal. It operates as a Provider of a decentralized derivatives trading platform and DeFi superapp for on-chain perpetuals trading. LogX has raised $10.1M in funding from investors like Antler, Saison Capital and Hashed Emergent. The company has 86 active competitors, including 36 funded and 1 that has exited. Its top competitors include companies like Synthetix, Blofin and Drift.

Company Details

Provider of a decentralized derivatives trading platform and DeFi superapp for on-chain perpetuals trading. It provides users with a company that enables perpetual trading on various blockchain networks, offering a comprehensive trading and investment platform with exceptional charting solutions.
Website
logx.trade
Social
X
Part Of
Registered Address
Office No. 106, Orian Business Park Nr. Cinewonder, G.B.Raod, Thane, Thane -West, Maharashtra, India, 400607
Key Metrics
Founded Year
2021
Location
George Town, Cayman Islands
Stage
Seed
Total Funding
$10.1M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
23 as on Jul 31, 2026
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LogX's funding and investors

LogX has raised a total funding of $10.1M over 3 rounds. Its first funding round was on Feb 12, 2024. Its latest funding round was a Seed round on Sep 16, 2024 for $*****. 12 investors participated in its latest round. LogX has 17 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of LogX:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 16, 2024
4681227
Seed
8297452
6760480
6800866
9838627
Jul 16, 2024
5981329
ICO
5554819
1235190
9126649
9167616
Feb 12, 2024
1627405
Seed
8514094
6790880
2820112
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LogX's founders and board of directors

Founder? Claim Profile
The founders of LogX are Akshit Bordia and Anshu Agrawal.
Here are the details of LogX's key team members:

LogX's employee count trend

LogX has 23 employees as of Jul 26. Here is LogX's employee count trend over the years:
Employee count trend for LogX
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LogX's Competitors and alternates

Top competitors of LogX include Synthetix, Blofin and Drift. Here is the list of Top 10 competitors of LogX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Synthetix
Synthetix
2017, Sydney (Australia), Series C
Operator of a platform for perpetual futures trading on Ethereum
$240M
66/100
2nd
Logo for Blofin
Blofin
2019, George Town (Cayman Islands), Series B
Cryptocurrency futures trading platform
$50M
63/100
3rd
Logo for Drift
Drift
2021, United States, Series B
Future & options focused trading solutions for cryptocurrency
$28.8M
56/100
4th
Logo for dYdX
dYdX
2017, New York City (United States), Series C
Developer of a decentralised platform for perpetual contract trading
$87M
56/100
5th
Logo for Ostium
Ostium
2022, Chicago (United States), Series A
Platform providing on-chain perpetual swaps for stocks, indices, commodities, and FX
$28M
54/100
6th
Logo for Aark Digital
Aark Digital
2023, New York (United States), Seed
Decentralized derivatives exchange platform
$6M
51/100
7th
Logo for EdgeX
EdgeX
2023, Singapore (Singapore), Seed
Developer of decentralized exchange platform providing perpetual and spot trading
-
50/100
8th
Logo for MYX Finance
MYX Finance
2023, Singapore (Singapore), Seed
Online platform for perpetual trading
$5M
49/100
9th
Logo for LogX
LogX
2021, George Town (Cayman Islands), Seed
Provider of a decentralized derivatives trading platform and DeFi superapp for on-chain perpetuals trading
$10.1M
48/100
10th
Logo for Flipster
Flipster
2021, Panama (Panama), Unfunded
Provider of a cryptocurrency derivatives trading exchange
-
-
46/100
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LogX's Investments and acquisitions

LogX has made no investments or acquisitions yet.

Reports related to LogX

Here is the latest report on LogX's sector:

News related to LogX

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FAQs about LogX

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