PowerTrade
PowerTrade is a Singapore-based crypto derivatives exchange offering zero-fee perpetual futures and no-liquidation options across 93+ markets, serving professional traders, market makers, and institutional clients via web, mobile, and API infrastructure.
- Company typePrivate
- Founded2020
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What PowerTrade does
PowerTrade is a Singapore-based cryptocurrency derivatives exchange founded in 2020 that operates a self-serve platform for trading options, perpetual futures, and synthetic equity derivatives across web and mobile (iOS/Android) interfaces. The platform offers 93+ option markets and 100+ total crypto markets with 1,496 tradeable contracts, targeting professional crypto traders and market makers through institutional-grade infrastructure. Core technology includes a Unified Liquidity system spanning options and perpetuals, SPAN-based portfolio margining for capital efficiency, FIX/WebSocket/REST low-latency APIs for high-frequency and algorithmic trading, an RFQ system for institutional block trades, and integration with Copper Custody using MPC technology for asset security. Differentiated products include PowerTrade Options (defined risk with no liquidation, up to 1000x+ leverage), PowerTrade Perpetuals (zero-fee maker/taker with up to 1000x leverage), xStocks (synthetic equity options on Tesla, Apple, Google and other names, 24/7, settled in USDC), Option Lite (chart-based simplified prediction trading), and one-click Strategies. The PTF token staking ecosystem provides fee discounts and rewards.
The business model combines options trading fees (premiums collected on buyer side) with a zero-fee perpetuals offering that functions as a customer acquisition mechanism, supplemented by PTF token-based fee discounts. Distribution is entirely product-led and self-serve: users onboard through the website or mobile apps, with institutional flow captured through API connectivity and RFQ block trades. Marketing is anchored on the platform's website, the PTF community, and developer documentation. Assets under custody are routed through Copper MPC, providing institutional-grade security positioning.
The company is backed by crypto-focused investors including Framework Ventures and Pantera Capital (co-leads of a $4.7M seed round in September 2020), alongside QCP Capital, CMS Holdings, LedgerPrime, BoxOne Ventures, Signum Capital, 3Commas, AGE Crypto, Taureon, Cadenza, AVV, and Box One. Leadership comprises co-founder Mario Gomez Lozada (CEO) and co-founder Jon Myers (Design & Marketing). PowerTrade faces significant legal exposure: Payward, parent of Kraken, has filed a U.S. federal lawsuit alleging approximately $7.2M in misappropriated digital assets by PowerTrade and its co-founders, and has obtained a worldwide interim freezing order from DIFC Courts plus U.S. federal discovery requests to American financial institutions.
PowerTrade firmographics
Firmographics- Name
- PowerTrade
- Legal name
- PowerTrade
- Website
- https://power.trade
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PowerTrade is a Singapore-based crypto derivatives exchange offering zero-fee perpetual futures and no-liquidation options across 93+ markets, serving professional traders, market makers, and institutional clients via web, mobile, and API infrastructure.
- Ownership category
- akta.pro rank
PowerTrade industry classification
Industry- Product category
- Crypto Derivatives Exchange
- NAICS
- Securities and Commodity Exchanges (523210), Securities and Commodity Exchanges (52321)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)
- akta.pro secondary industries
- Derivatives, Perpetuals & Options Protocols (FSADAMAC), Margin Trading & Collateralized Borrowing (Exchange-Operated) (FSADAAAL), Collateral Management, Liquidation & Risk Engines (Credit) (FSADAFAE)
Keywords
Where PowerTrade is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
PowerTrade business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Options Trading Fees: Revenue generated from options trading including premiums and spreads on the 93+ option markets available.
- Perpetual Trading (Zero Fee): Platform offers zero maker and taker fees on perpetuals, likely monetized through other mechanisms such as token staking benefits or as a customer acquisition/acquisition tool.
- PTF Token Ecosystem: PTF token staking provides fee discounts and ecosystem rewards, creating token utility value.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Zero Fee Perpetuals |
| Transaction based/ take rate | Pay-as-you-go | Options Trading |
| Subscription | Monthly | PTF Token Staking |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels3 records
PowerTrade product offering
Product offeringCore offering
PowerTrade is a crypto derivatives exchange offering zero-fee perpetual futures with up to 1000x leverage and options trading with no liquidation risk across 93+ option markets and 1,496 tradeable contracts. The platform supports over 100+ crypto options and perpetuals markets, plus xStocks — synthetic tokenized options on real equities such as Tesla and Apple, settled in USDC and tradeable 24/7. Underlying infrastructure includes unified liquidity across derivatives, SPAN portfolio margining, low-latency FIX/WebSocket/REST APIs, an RFQ engine for institutional block trades, and Copper MPC-based custody.
Product overview
PowerTrade is a professional crypto derivatives platform offering two core products: PowerTrade Perpetuals (zero-fee perpetual futures with up to 1000x leverage) and PowerTrade Options (no-liquidation-risk options trading with up to 1000x+ leverage). The platform supports over 100+ crypto options and perpetuals markets across 93+ option markets with 1,496 tradeable contracts. Additional offerings include xStocks (synthetic tokenized stock options for real equities like Tesla and Apple, settled in USDC), Option Lite (simplified chart-based prediction trading), one-click Strategies, and RFQ for block trades. The ecosystem is powered by the PTF token for staking and fee discounts. Infrastructure features include Unified Liquidity, SPAN Margin portfolio-based margining, and Copper Custody MPC security.
Differentiator
Problem solved
Functional benefit
Products and services
- PowerTrade Perpetuals Zero-fee perpetual futures trading offering 0% maker and taker fees with deep liquidity on BTC/ETH and classic linear settlement, supporting up to 1000x leverage. Targets crypto derivatives traders seeking high-leverage exposure without trading fees.
- PowerTrade Options Crypto options trading platform with no liquidation risk and up to 1000x+ leverage potential, immune to scam wicks, and spanning 93+ option markets with 1,496 tradeable contracts across crypto and meme-coin underlyings. Designed for traders seeking defined-risk leveraged exposure and hedging via puts, covered calls, and short-dated strategies.
- xStocks Synthetic tokenized stock options that let traders bet on or hedge real equities such as Tesla, Apple, and Google 24/7 from a crypto account, with settlement in USDC rather than cash. Targets crypto traders seeking 24/7 equity exposure and hedging without leaving the crypto ecosystem.
Quantifiable outcome
- 1000x+ leverage potential on options
- +2 more outcomes
Companies that use PowerTrade
Customer profileSegments2 records
Ideal customer profiles2 records
PowerTrade technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature6 records
PowerTrade partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Copper.cocoreSecurity infrastructure partner providing industry-leading MPC (Multi-Party Computation) technology for asset custody. PowerTrade assets are secured using Copper's custody solution.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
PowerTrade competitors and assessment
Company assessmentBroad incumbents
- Binance: Binance is the largest crypto exchange by volume and operates a deep derivatives book (perpetuals, futures, options) under a broader spot/trading/earn umbrella. Its options product is newer but it is the dominant perpetuals venue PowerTrade is trying to compete against.
- Coinbase Derivatives (formerly FairX): Coinbase acquired FairX to launch CFTC-regulated derivatives in the US, and now owns Deribit as well. It is a broad incumbent whose regulated derivatives footprint and Deribit acquisition create long-term competitive pressure on PowerTrade.
Direct peers
- GMX: GMX is a decentralized perpetuals exchange on Arbitrum/Avalanche offering low-fee, oracle-based perpetual trading. It competes in the zero-fee / low-fee perpetuals space with a different mechanism but the same target segment.
- Deribit: Deribit is the largest crypto options and futures exchange by open interest, offering BTC/ETH options and perpetuals to professional traders globally. It is the most direct competitor to PowerTrade's options-first value proposition, serving the same professional and institutional segments.
- OKX: OKX is a top-three crypto derivatives venue offering perpetuals, futures, and options across hundreds of markets with advanced API infrastructure. It overlaps directly with PowerTrade on the cross-asset derivatives proposition.
- Bybit: Bybit operates one of the largest derivatives books globally, offering perpetual futures and options on crypto assets with deep liquidity and institutional APIs. It competes head-to-head with PowerTrade on perpetuals and increasingly on options.
- Aevo: Aevo is a crypto options and perpetual futures DEX that focuses on altcoin options listings, built on a custom order book and settled onchain. It directly competes on the long-tail altcoin options vertical where PowerTrade is differentiated.
- dYdX: dYdX is a leading decentralized perpetual futures exchange with institutional-grade APIs and an order-book model. It is a comparable derivatives venue for traders who want professional infrastructure on a decentralized stack.
Emerging players
- Hegic: Hegic is an early DeFi options protocol offering non-custodial options on ETH and BTC. It is a smaller, more limited competitor but operates in the same crypto options category that PowerTrade targets.
- Syndr (formerly Lyra): Syndr (formerly Lyra Protocol) is a DeFi options protocol built on its own order book L2, offering on-chain options trading across multiple assets. It is an emerging competitor in the altcoin options vertical with a more decentralized architecture.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
PowerTrade social profiles
Digital presencePowerTrade financial estimates
Financial estimateRevenue estimate
Valuation estimate
PowerTrade leadership team
Management profileNumber of profiles
Profiles2 records
PowerTrade funding detail
Funding detailFunding overview
Funding rounds2 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PowerTrade M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PowerTrade
What does PowerTrade do?
PowerTrade is a crypto derivatives exchange offering zero-fee perpetual futures with up to 1000x leverage and options trading with no liquidation risk across 93+ option markets and 1,496 tradeable contracts. The platform supports over 100+ crypto options and perpetuals markets, plus xStocks — synthetic tokenized options on real equities such as Tesla and Apple, settled in USDC and tradeable 24/7. Underlying infrastructure includes unified liquidity across derivatives, SPAN portfolio margining, low-latency FIX/WebSocket/REST APIs, an RFQ engine for institutional block trades, and Copper MPC-based custody.
When was PowerTrade founded?
PowerTrade was founded in 2020. It employs 11 to 50 people.
Where is PowerTrade based?
PowerTrade is headquartered in Singapore, Singapore, in the Asia region.
How does PowerTrade make money?
Three revenue lines are on record. Options Trading Fees are the primary driver. The others are perpetual Trading (Zero Fee) and PTF Token Ecosystem.
Who are PowerTrade's main competitors?
Broad incumbents on record are Binance and Coinbase Derivatives (formerly FairX). Direct peers are GMX, Deribit, OKX, Bybit, Aevo and dYdX. Emerging players are Hegic and Syndr (formerly Lyra).
Does PowerTrade have an API?
Yes. PowerTrade offers Low-Latency API connectivity via FIX, WebSocket, and REST APIs designed for high-frequency trading needs. Developers can access API documentation for building trading bots, algorithmic trading systems, and custom integrations. The platform supports RFQ (Request for Quote) for block trades. Developer documentation is at support.power.trade/api/api-overview.
What industry is PowerTrade in?
PowerTrade's product category is Crypto Derivatives Exchange. Its primary akta.pro industry code is FSAFANAO, Digital Asset/Crypto Trade Execution Platforms, with a secondary code of FSADAMAC, Derivatives, Perpetuals & Options Protocols. Its NAICS code is 523210 and its SIC code is 6200.