CyberX
- Company typePrivate
- Founded2016
- HeadquartersBeijing, China
- Headcount51–100
- GTM typeB2B
- OfferingServices
CyberX firmographics
Firmographics- Name
- CyberX
- Legal name
- CyberX Group
- Website
- https://cyberx.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
CyberX industry classification
Industry- Product category
- Digital Asset Market Making
- NAICS
- Commodity Contracts Intermediation (52316), Securities and Commodity Exchanges (523210), Securities and Commodity Exchanges (5232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)
- akta.pro secondary industries
- DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading) (FSAPAEAD), Margin Trading & Collateralized Borrowing (Exchange-Operated) (FSADAAAL)
Keywords
Where CyberX is headquartered
LocationHeadquarters
- HQ city
- Beijing
- HQ country
- China
- HQ region
- Asia
Offices1 record
Markets served
CyberX business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Market Making Services: CyberX earns revenue through market making services by providing liquidity to exchanges and trading venues, capturing spreads on trades executed across their network of 30+ connected venues and 10,000+ trading pairs
- DeFi Liquidity Provision: Revenue generated from providing liquidity to DeFi protocols across 10+ connected blockchains, including automated market making and impermanent loss hedging services
- Block Trade Execution: Fees earned from executing large block trades for institutional clients using proprietary infrastructure and algorithms including TWAP/VWAP/PEG orders
- Margin Financing: Interest income from providing loans of digital assets at competitive rates with large and stable supply, flexible duration and fixed rates across multiple exchanges
- Portfolio Optimization Services: Revenue from structured yield enhancement strategies for passive income on crypto holdings including yield strategies, hedging products, dual currency deposits, and smart beta investing
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Institutional market making services |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
CyberX product offering
Product offeringCore offering
CyberX is a digital asset market maker that provides algorithmic liquidity provision across 30+ centralized exchanges and 20+ DeFi protocols, covering 10,000+ trading pairs and 5,000+ tokens via low-latency HFT infrastructure. The company offers complementary institutional services including DeFi on-chain execution, impermanent loss hedging, block trade execution via TWAP/VWAP/PEG algorithms, margin financing, and structured portfolio optimization.
Product overview
CyberX is a digital asset market maker offering a platform-plus-modules architecture centered on its core Market Making service. The platform provides algorithmic liquidity solutions across 30+ centralized and decentralized venues, supporting 10,000+ trading pairs and 5,000+ tokens. Additional modules include DeFi Data Analytics & Execution (high-speed on-chain nodes), Impermanent Loss Solution (hedging via financial derivatives), Block Trades (TWAP/VWAP/PEG execution algorithms), Margin Financing, and Portfolio Optimization (structured yield strategies). The Labs sub-brand handles R&D and venture investments in crypto-finance innovation. The portfolio is unified through shared infrastructure, proprietary technology, and an extensive liquidity network spanning CeFi exchanges and DeFi protocols.
Differentiator
Problem solved
Functional benefit
Products and services
- Market Making Algorithmic market making service providing two-sided liquidity and enhancing trading efficiency for digital asset markets. Covers 30+ centralized liquidity venues, 10,000+ trading pairs, and 5,000+ tokens via low-latency HFT algorithms. Targeted at cryptocurrency exchanges and institutional trading venues.
- DeFi Data Analytics & Execution High-speed self-built blockchain nodes for optimal risk monitoring and on-chain trade execution across DeFi protocols, with mempool monitoring 50-400 ms faster than competitors. Designed for DeFi protocols and institutional traders executing on-chain strategies.
- Impermanent Loss Solution Proprietary hedging product that monitors on-chain activity, predicts price volatility, and hedges liquidity provider impermanent loss exposure using financial derivatives. Offered to DeFi liquidity providers and protocols on Uniswap V2/V3, Curve, and similar AMMs.
- Block Trades Block trade execution service using proprietary TWAP, VWAP, and PEG algorithms with 24/7 quotes and real-time market data, designed to minimize market impact and execution costs. Targets institutional traders, hedge funds, and family offices executing large digital asset orders.
- Margin Financing Digital asset lending service providing loans at competitive rates with large and stable supply, flexible duration, and fixed rates across multiple exchanges. Serves institutional traders and funds needing leverage or short-side financing.
- Portfolio Optimization Structured yield enhancement and risk-return optimization strategies including yield products (strangle, bull/bear spread, straddle), hedging (covered put, protective call), dual currency deposits, and smart beta investing. Designed for institutional clients seeking customized risk-return profiles on crypto holdings.
Quantifiable outcome
- US$180 billion cumulative trading volume in 6 years
- +2 more outcomes
Companies that use CyberX
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles4 records
CyberX technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration28 records
AI capability2 records
Feature6 records
CyberX partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core.
- BinancecoreMajor cryptocurrency exchange partner where CyberX provides liquidity and market making services across the Binance platform.
- CoinbasecoreMajor US-based cryptocurrency exchange partner where CyberX provides liquidity and market making services.
- OKXcoreCryptocurrency exchange partner with market making and liquidity services from CyberX.
- ByBitcoreCryptocurrency derivatives exchange partner with liquidity provision services.
- BitgetcoreCryptocurrency exchange and derivatives platform partner.
- KuCoincoreCryptocurrency exchange partner for market making services.
- Gate.iocoreCryptocurrency exchange partner with market making and liquidity services.
- MEXCcoreCryptocurrency exchange partner for liquidity provision.
- WOO NetworkcoreCrypto trading platform partner with liquidity network integration.
- UniswapcoreMajor DeFi protocol where CyberX provides liquidity provision and impermanent loss hedging services for Uniswap V2/V3 pools.
- Curve FinancecoreDeFi stablecoin AMM protocol where CyberX provides liquidity and impermanent loss hedging.
- CobocoreCryptocurrency wallet and custody solutions provider partner.
- HashKeycoreDigital asset management and blockchain ecosystem partner.
- BitMEXcoreCryptocurrency derivatives exchange partner for market making services.
- Crypto.comcoreCryptocurrency exchange and financial services platform partner.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
CyberX competitors and assessment
Company assessmentDirect peers
- Cumberland (DRW): Cumberland is the crypto trading arm of DRW Trading, one of the world's largest proprietary trading firms. It directly competes with CyberX as a high-volume institutional crypto market maker providing liquidity across major exchanges and OTC desks.
- Wintermute: Wintermute is one of the largest crypto-native algorithmic market makers providing liquidity across centralized and DeFi venues globally. It directly competes with CyberX in providing two-sided liquidity to exchanges, DeFi protocols, and institutional clients, with overlapping customer segments like Binance, Coinbase, and major DeFi protocols.
- Amber Group: Amber Group is a global crypto financial services provider offering market making, liquidity provision, and structured yield products. It is highly comparable to CyberX given its focus on algorithmic market making, DeFi liquidity, and institutional services targeting the same exchange and protocol partners.
- Jump Crypto: Jump Crypto is the digital asset arm of Jump Trading, a top-tier quantitative trading firm. It competes directly with CyberX in algorithmic crypto market making, DeFi liquidity provision, and validator/staking infrastructure across multiple blockchains.
- B2C2: B2C2 is a leading institutional crypto liquidity provider and market maker, originally spun out of Japanese investment bank Nikkei. It competes directly with CyberX in providing OTC liquidity and exchange market making services to institutional counterparties across spot and derivatives markets.
- GSR Markets: GSR is a crypto market maker and liquidity provider offering algorithmic trading, options, and DeFi market making. It directly competes with CyberX across centralized exchange market making, DeFi liquidity provision, and structured products for institutional clients.
Broad incumbents
- Galaxy Digital: Galaxy Digital is a diversified crypto financial services and asset management firm that includes trading, market making, and principal investments. It competes with CyberX in institutional crypto market making while also offering asset management and mining services that CyberX does not.
- Flow Traders: Flow Traders is a publicly traded, global multi-asset market making firm that has expanded into digital assets. While broader in scope (ETFs, equities, futures), it competes with CyberX in crypto ETP liquidity provision and exchange market making with deeper balance sheet capacity.
Emerging players
- Tokka Labs: Tokka Labs is an emerging crypto-native algorithmic trading and market making firm founded by former Tower Research and Citadel traders. It competes with CyberX in DeFi market making and token launch liquidity, with overlapping talent profiles from quantitative trading backgrounds.
- Kairon Labs: Kairon Labs is a niche crypto market maker specializing in token launch and listing market making for new projects. While smaller and more focused than CyberX, it competes for new token mandates from exchanges and protocols that form part of CyberX's broader institutional client base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
CyberX social profiles
Digital presenceCyberX financial estimates
Financial estimateRevenue estimate
Valuation estimate
CyberX leadership team
Management profileNumber of profiles
Profiles9 records
CyberX funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CyberX 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 CyberX
What does CyberX do?
CyberX is a digital asset market maker that provides algorithmic liquidity provision across 30+ centralized exchanges and 20+ DeFi protocols, covering 10,000+ trading pairs and 5,000+ tokens via low-latency HFT infrastructure. The company offers complementary institutional services including DeFi on-chain execution, impermanent loss hedging, block trade execution via TWAP/VWAP/PEG algorithms, margin financing, and structured portfolio optimization.
Is CyberX a public or private company?
CyberX is a private company. It is classified as venture growth investor backed and is currently operating.
When was CyberX founded?
CyberX was founded in 2016. It employs 51 to 100 people.
Where is CyberX based?
CyberX is headquartered in Beijing, China, in the Asia region.
How does CyberX make money?
Five revenue lines are on record. Market Making Services are the primary driver. The others are deFi Liquidity Provision, block Trade Execution, margin Financing and portfolio Optimization Services.
Who are CyberX's main competitors?
Direct peers on record are Cumberland (DRW), Wintermute, Amber Group, Jump Crypto, B2C2 and GSR Markets. Broad incumbents are Galaxy Digital and Flow Traders. Emerging players are Tokka Labs and Kairon Labs.
Does CyberX have an API?
No public API is recorded for CyberX.
What industry is CyberX in?
CyberX's product category is Digital Asset Market Making. Its primary akta.pro industry code is FSAFANAO, Digital Asset/Crypto Trade Execution Platforms, with a secondary code of FSAPAEAD, DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading). Its NAICS code is 52316 and its SIC code is 6200.