What Definitive does

Definitive is a non-custodial onchain trade execution platform that delivers CeFi-like execution quality on DeFi rails. Founded in 2022 by Coinbase DeFi and Institutional Trading alumni, the company provides a unified execution layer spanning 10+ chains (8+ EVM chains plus Solana, HyperEVM, and Monad), aggregating liquidity across 100+ DEXs, onchain venues, and 15+ offchain PMMs. Its product surface includes Prime (a professional web trading terminal with advanced order types such as TWAP, Limit, Stop/Take Profit), Turbo (a streamlined speed-focused web app), Mobile (iOS and Android), the Flash API for programmatic access, and an Organization API for enterprise sub-account management. Technical differentiators include a proprietary smart order router, intent masking architecture that keeps order details off-chain to prevent MEV extraction, gas and chain abstraction for a gasless UX, and 99.4% fill rates at 47ms average fill times.

The platform serves four primary customer segments: institutional traders and hedge funds (named clients include Skycatcher Capital and Starkiller Capital), AI agents and protocols (Amper, EmblemAI, Altcoinist serving 21K+ users), pro retail traders, and crypto project treasuries. Pricing is structured as pay-as-you-go trading fees (Limit/TWAP at 25 bps), with the EDGE utility token offering up to 50% fee discounts via staking tiers. Definitive has raised approximately $9.1M across a $4.1M seed round (November 2023, BlockTower-led with Coinbase Ventures, Nascent, Robot Ventures, Geometry, CMT Digital, Matrixport) and a $5M round (June 2024, Tioga Capital-led). The company is remote-first with 11-50 employees and reports $4.2B+ in all-time traded volume.

Name

Definitive

Legal name

Definitive Finance

Website

https://definitive.fi

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Definitive is a non-custodial onchain trade execution platform that aggregates liquidity across 100+ DEXs and 15+ PMMs on 10+ chains, serving institutional traders, hedge funds, AI agents, and pro retail with advanced order types and a programmatic API.

Ownership category

akta.pro rank

Product category

Decentralized Finance Trading Platform

NAICS

Securities and Commodity Exchanges (523210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading) (FSAPAEAD)

akta.pro secondary industries

Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG), Clearing, Settlement & Trade Processing (FSADAJAE), Liquidity Management & Market-Making Protocols (FSADAMAH)

Keywords

• Decentralized finance trading
• Crypto execution platform
• Smart order routing
• Non-custodial trading
• Multi-chain DEX aggregation

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Trading Fees: Definitive charges a small trading fee on each swap. EDGE token holders receive up to 50% fee discounts based on their staking tier. There are no deposit, withdrawal, or subscription fees. Fees are typically taken from the stablecoin or native gas token of the trade.
2. API Access Fees: The API is available to early access partners. Pricing details and rate limits will be shared during onboarding. SDKs available for TypeScript and Python with API keys issued during onboarding.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Definitive is a non-custodial onchain trade execution platform and API that delivers CeFi-like execution quality on DeFi rails across 8+ EVM chains and Solana. It aggregates liquidity from 100+ DEXs and 15+ offchain PMMs through a proprietary smart order router, supports advanced order types (Market, Limit, TWAP, Stop, Stop-Loss, Take Profit), and uses intent masking to prevent MEV extraction. The platform exposes this execution layer via web terminals (Prime, Turbo), mobile apps, and APIs (Flash API, Organization API) for retail traders, institutions, hedge funds, and AI agents.

Product overview

Definitive is a non-custodial onchain trading platform offering a unified multi-chain execution layer across 8+ EVM chains and Solana. The platform comprises three core products: Prime (professional trading terminal with full analytics), Turbo (fast web trading interface), and Mobile (iOS/Android trading app). The Flash API and Organization API enable developers and enterprises to build on Definitive's execution infrastructure. Key features include advanced order types (Market, Limit, TWAP, Stop), cross-chain swaps, bridging via Bungee, and Post-Trade Reporting with tax platform integrations. The EDGE token provides utility within the ecosystem with staking-based fee discounts and governance participation. The platform targets retail traders, institutional investors, hedge funds, and AI agents requiring professional-grade DeFi execution.

Differentiator

Problem solved

Functional benefit

Products and services

• Prime Professional-grade non-custodial web trading terminal featuring full charts, order books, advanced order types (Market, Limit, TWAP, Stop, Stop-Loss, Take Profit), cross-chain routing, P&L tracking, sub-account management, and role-based access control. Designed for institutional traders, hedge funds, and pro traders.
• Turbo Streamlined non-custodial web trading interface with no charts or order books. Users search for tokens, set size, and execute with the same best-execution smart order routing as Prime, optimized for rapid trade entry and exit.
• Definitive Mobile App Full Definitive trading experience on iOS and Android with cross-chain trading, real-time portfolio tracking, push notifications for order fills and price alerts, and pre-IPO market access.
• Flash API

Quantifiable outcome

• 4x-20x cheaper fees than closest competitors
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability6 records

Feature7 records

Partnerships

Ten partnerships are on record, tiered core, major and supporting.

• BlockfillscoreStrategic or Co-development Partner · 1 May 2025Blockfills partnered with Definitive to enhance automated trade execution, bringing additional order flow from asset managers, hedge funds, and VCs. Blockfills is a crypto liquidity provider that suspended client withdrawals in February 2026.
• Bungee (Socket)coreTechnology or Integration · 1 May 2024Bungee, powered by Socket, provides bridging functionality in Definitive's platform. Bungee is a bridge aggregator that finds optimal routes for bridging assets across chains. Has processed over $10 billion in volume transfers.
• MorphomajorStrategic or Co-development Partner · 1 April 2024Integration with Morpho Blue, one of the largest lending protocols on Ethereum with $2B+ TVL. Introduces ETH Hyperstaking vault with competitive returns and automated position management.
• StargatemajorStrategic or Co-development Partner · 1 February 2024Integration with Stargate via LayerZero enabling access to bridging yield strategies. Stargate is a fully composable cross-chain bridge protocol with $350M in TVL supporting 15 chains.
• BENQImajorStrategic or Co-development Partner · 1 January 2024Strategic partnership with Avalanche's leading protocol by TVL to offer advanced yield strategies including sAVAX Hyperstaking and BENQI Lending strategies. Marks Definitive's expansion into Avalanche ecosystem.
• MoonwellmajorStrategic or Co-development Partner · 1 December 2023Partnership with Moonwell, the leading lending protocol on Base, offering advanced yield strategies including Moonwell Hyperstaking and Lending strategies to both communities.
• RedefinesupportingTechnology or IntegrationPartnership for pre-trade compliance screening to enhance institutional tooling and compliance capabilities on the Definitive platform.
• AmpersupportingTechnology or IntegrationAI-powered DeFi agent that integrated with Definitive Flash API, swapping entire execution layer in three hours and tripling chain coverage while improving swap fill prices.
• EmblemAIsupportingTechnology or IntegrationNatural language AI terminal that replaced 10 APIs with Definitive Flash, allowing focus on next-gen AI terminal product development.
• AltcoinistsupportingTechnology or IntegrationOnchain reputation and signal network platform running all trades on Definitive's API for 21K+ users, enabling focus on core product while execution is handled by Definitive.

Scale indicators12 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• 1inch: 1inch is a leading DEX aggregator that routes orders across multiple DEXs to find optimal execution prices. Directly comparable to Definitive's smart order router across EVM chains, with overlapping institutional and retail trader audiences.
• 0x (Matcha): 0x is a foundational DEX aggregation protocol whose Matcha consumer app targets similar retail and pro traders seeking best-execution routing. Both compete on aggregation depth, API quality, and intent-based execution.
• CowSwap (Gnosis): CowSwap pioneered intent-based, MEV-protected batch auctions for DEX trading. Directly comparable to Definitive's intent-masking architecture, both aiming to prevent frontrunning while delivering best execution to professional and DeFi-native traders.
• Jupiter: Jupiter is the dominant DEX aggregator on Solana with expanding multi-chain ambitions. Comparable to Definitive in routing logic, order types, and API-first developer offering, particularly for the Solana portion of Definitive's supported chains.
• KyberSwap: KyberSwap is a multi-chain DEX aggregator and liquidity platform with similar cross-chain routing and aggregation capabilities. Both target pro traders across EVM chains with comparable feature sets.
• Hashflow: Hashflow offers RFQ-based, MEV-protected trading across chains targeting institutional and pro traders. Directly comparable to Definitive's intent-masking execution with similar anti-MEV positioning.

Broad incumbents

• Wintermute: Wintermute is a leading crypto market maker and OTC desk. Definitive's customers explicitly cite OTC desks as the alternative being displaced, positioning Wintermute as a structural competitor for institutional trade flow.
• Uniswap: Uniswap is the largest DEX and a foundational liquidity venue that Definitive's smart order router aggregates. While not a direct aggregator competitor, Uniswap's interface (with embedded routing) competes for end-trader flow.
• FalconX: FalconX is a digital asset prime brokerage offering institutional execution and liquidity. Comparable to Definitive's institutional segment targeting hedge funds and asset managers migrating from CeFi/OTC to onchain execution.

Others

• Token Terminal (institutional DeFi data): Token Terminal provides institutional-grade onchain financial data and analytics. Adjacent comparison to Definitive's institutional tooling (post-trade reporting, sub-accounts, compliance) rather than direct execution competition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/definitivefi
• LinkedInlinkedin.com/company/definitivefi

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Definitive