Mauve
Mauve is a non-custodial, compliance-first decentralized exchange built on Ethereum mainnet (Uniswap V3 fork) that requires KYC/KYB verification via VioletID, serving non-US retail crypto traders, OTC institutional clients, and real-world-asset issuers with integrated AML and sanctions screening.
- Company typePrivate
- Founded2022
- HeadquartersBerlin, Germany
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
What Mauve does
Mauve operates a permissioned, non-custodial decentralized exchange on Ethereum mainnet, structured as a Uniswap V3 fork with integrated compliance infrastructure. The exchange is accessible only to users who complete KYC/KYB verification and obtain a VioletID credential, an on-chain registry of compliance attributes (KYC, KYB, sanctions, accreditation) maintained by Violet, Mauve's sister protocol under parent DeFi Labs GmbH. Authorization is enforced via Ethereum Access Tokens (EATs) issued by Violet and verified on-chain through the AccessTokenVerifier smart contract; an escape hatch allows VioletID holders to withdraw liquidity without Violet's backend authorization in catastrophic scenarios. Identity and business verification are handled by Persona and SumSub, while blockchain analytics from TRM Labs and off-chain AML screening via ComplyAdvantage run at both enrollment and pre-transaction stages, with TOTP-based two-factor authentication binding wallets to verified identities.
The product surface comprises two core services: the Mauve DEX, an AMM with three disclosed pools (USDC/WETH at 0.04% fee, USDC/EUROC at 0.01%, blB01/USDC at 0.01%), and the Mauve OTC desk, which executes large trades via competitive price auctions from leading market makers with on-chain escrow and cross-chain support across Ethereum L2s. The legal entity, Mauve Limited, is an exempted company incorporated in the Cayman Islands and registered as a Virtual Asset Service Provider (VASP) with CIMA, enabling compliant operations globally excluding US citizens and persons on US soil. Smart contracts have been audited by Halborn and OAK Security, with additional penetration testing of the Violet interface and cloud infrastructure.
Mauve's business model is structurally pre-monetization: 100% of AMM trading fees are routed to liquidity providers with no platform take rate, so direct protocol revenue is effectively zero at the DEX layer. The OTC desk represents the only plausible revenue surface via auction spread capture, though pricing and volume are undisclosed. The company employs 1-10 people, has raised $15M in a March 2023 seed round led by Coinbase Ventures and Brevan Howard (with Balderton, Blue Yard, Ethereal Ventures, FinTech Collective, Inflection, and others participating), and is positioned for institutional and real-world-asset trading use cases where compliance and non-custodial security outweigh fee minimization.
Mauve firmographics
Firmographics- Name
- Mauve
- Legal name
- Mauve Limited
- Website
- https://mauve.org
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mauve is a non-custodial, compliance-first decentralized exchange built on Ethereum mainnet (Uniswap V3 fork) that requires KYC/KYB verification via VioletID, serving non-US retail crypto traders, OTC institutional clients, and real-world-asset issuers with integrated AML and sanctions screening.
- Ownership category
- akta.pro rank
Mauve industry classification
Industry- Product category
- Decentralized Exchange (DEX)
- NAICS
- Securities and Commodity Exchanges (5232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Decentralized Exchanges (DEX) & AMMs (FSAPADAB)
- akta.pro secondary industries
- Permissioned / KYC DEXs (Institutional On-Chain Venues) (FSADABAN), AML/KYC, KYB & Identity Verification (VASP/Travel Rule) (FSAPAJAC)
Keywords
Where Mauve is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
Mauve business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Others
Revenue model
- Trading Fees: Mauve charges trading fees on each swap executed through its AMM pools. Fees are fixed per pool (0.01%-0.04%) and 100% of all trading fees are awarded to liquidity providers. No platform fee is taken.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | USDC/WETH pool: 0.04% trading fee |
| Transaction based/ take rate | Pay-as-you-go | USDC/EUROC pool: 0.01% trading fee |
| Transaction based/ take rate | Pay-as-you-go | blB01/USDC pool: 0.01% trading fee |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Mauve product offering
Product offeringCore offering
Mauve operates a permissioned, non-custodial decentralized exchange (AMM DEX) built as a Uniswap V3 fork on Ethereum Mainnet for trading real-world assets, requiring users to pass KYC/KYB and continuous AML screening via VioletID credentials and present an Ethereum Access Token (EAT) before any transaction executes. The platform is complemented by a Mauve OTC desk that runs competitive price auctions for large-volume trades with on-chain escrow. All trading fees (0.01%–0.04% per pool) are passed to liquidity providers, with no platform fee taken.
Product overview
Mauve is a compliance-first decentralized exchange ecosystem consisting of two main products: the Mauve DEX (a Uniswap V3 fork adapted for real-world assets with built-in KYC/KYB compliance via VioletID) and the Mauve OTC desk (for large over-the-counter trades via competitive auctions). Users must obtain a VioletID credential from Violet before accessing either service. The Ethereum Access Token (EAT) system enables on-chain compliance verification. Mauve does not operate a native token. All trading fees go 100% to liquidity providers. Currently supports trading pairs: USDC/WETH, USDC/EUROC, and blB01/USDC.
Differentiator
Problem solved
Functional benefit
Products and services
- Mauve DEX A permissioned, non-custodial automated market maker (AMM) decentralized exchange built on a Uniswap V3 fork on Ethereum Mainnet, designed for trading real-world assets. Users must pass rigorous, continuous AML checks via VioletID and present an Ethereum Access Token (EAT) issued by Violet before any transaction executes. The protocol currently supports pools including USDC/WETH (0.04% fee), USDC/EUROC (0.01% fee), and blB01/USDC (0.01% fee), with 100% of trading fees passed to liquidity providers.
- Mauve OTC An over-the-counter trading desk that runs competitive price auctions for large block trades, aggregating quotes from leading market makers and settling on-chain via escrow. Designed for institutional and high-volume traders, it supports cross-chain settlement across the Ethereum ecosystem including L2s, and provides counterparty protection through on-chain escrow.
Companies that use Mauve
Customer profileSegments2 records
Ideal customer profiles3 records
Mauve technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature5 records
Mauve partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- VioletcoreViolet provides privacy-preserving compliance credentials (VioletID) that Mauve uses for KYC/KYB verification, AML screening, and transaction authorization via Ethereum Access Tokens. Violet is operated by DeFi Labs GmbH, a German company headquartered in Berlin.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Mauve competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Mauve social profiles
Digital presenceMauve compliance and trust
Trust signalCompliance6 records
Mauve financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mauve leadership team
Management profileNumber of profiles
Profiles2 records
Mauve funding detail
Funding detailFunding overview
Funding rounds1 record
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mauve 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 Mauve
What does Mauve do?
Mauve operates a permissioned, non-custodial decentralized exchange (AMM DEX) built as a Uniswap V3 fork on Ethereum Mainnet for trading real-world assets, requiring users to pass KYC/KYB and continuous AML screening via VioletID credentials and present an Ethereum Access Token (EAT) before any transaction executes. The platform is complemented by a Mauve OTC desk that runs competitive price auctions for large-volume trades with on-chain escrow. All trading fees (0.01%–0.04% per pool) are passed to liquidity providers, with no platform fee taken.
Is Mauve a public or private company?
Mauve is a private company. It is classified as venture growth investor backed and is currently operating.
When was Mauve founded?
Mauve was founded in 2022. It employs 1 to 10 people.
Where is Mauve based?
Mauve is headquartered in Berlin, Germany, in the Europe region.
How does Mauve make money?
One revenue line is on record: trading Fees.
Does Mauve have an API?
No public API is recorded for Mauve.
What industry is Mauve in?
Mauve's product category is Decentralized Exchange (DEX). Its primary akta.pro industry code is FSAPADAB, Decentralized Exchanges (DEX) & AMMs, with a secondary code of FSADABAN, Permissioned / KYC DEXs (Institutional On-Chain Venues). Its NAICS code is 5232 and its SIC code is 6200.