Komodo Platform

What Komodo Platform does

Komodo Platform is a blockchain technology company founded in 2016 (with engineering roots going back to 2014 via the MultiGateWay and SuperNET projects on the NXT platform) and headquartered in San Gwann, Malta, with 101-250 employees. The company builds a non-custodial, open-source multi-chain wallet (Komodo Wallet, formerly AtomicDEX) integrated with a decentralized exchange powered by atomic swap technology using hashed timelock contracts. Its core protocol supports native cross-chain trading between UTXO-based assets (Bitcoin, Litecoin, Dogecoin), EVM-based chains (Ethereum, BNB Chain, Polygon, Avalanche, Fantom), and Cosmos/Tendermint ecosystems without wrapped tokens or centralized bridges. The underlying Komodo DeFi Framework provides SDKs and APIs that enable developers and enterprises to build non-custodial wallets, cross-chain DEXs, bridges, and IDO portals.

Komodo's revenue model is primarily transaction-based: market makers pay zero fees on the DEX while takers pay approximately 0.13% per swap, with 25% of fees on KMD trading pairs automatically burned and a 10% discount for KMD sellers. Secondary monetization comes from enterprise and developer services, including custom DEX development and Smart Chain launch services, alongside ecosystem projects (Verus Coin, Pirate Chain) that use Komodo's delayed Proof of Work (dPoW) security mechanism for 51% attack protection across 30+ production blockchains. Go-to-market is product-led and community-led: self-serve wallet distribution across web, desktop, mobile, and browser extension channels, with no KYC required, and developer adoption driven through GitHub, Discord, Telegram, and developer bounties.

In December 2025, Gleec acquired the Komodo ecosystem, integrating Komodo's bridge-free cross-chain trading technology into a regulated ecosystem for faster development and broader adoption. The company continues to operate as a private entity, with no disclosed revenue figures, no institutional funding beyond the 2016 ICO (approximately 2,639 BTC), and limited public reporting on headcount or operational metrics.

Name

Komodo Platform

Legal name

Komodo Platform

Website

https://komodoplatform.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

101–250 employees

Short description

Komodo Platform builds a non-custodial multi-chain wallet and decentralized exchange powered by atomic swap technology, enabling trustless native cross-chain trading between UTXO, EVM, and Cosmos assets. It serves crypto holders, blockchain developers, and dependent blockchain projects secured by its dPoW mechanism.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure / Non-Custodial Cryptocurrency Wallet

NAICS

Securities and Commodity Exchanges (52321), 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)

akta.pro primary industry

Order-Book (CLOB) DEXs (FSADABAB)

akta.pro secondary industries

Cross-Chain Wallet & Asset Routing Infrastructure (FSADACAJ), Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)

Keywords

• Cross-chain atomic swaps
• Non-custodial crypto wallet
• Decentralized exchange software
• Blockchain infrastructure platform
• Multi-chain DeFi framework

Headquarters

HQ city

San Gwann

HQ country

Malta

HQ region

Europe

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. DEX Transaction Fees: Market makers pay zero fees. Takers pay approximately 0.13% (1/77 of transaction). Additionally, for KMD trading pairs, 25% of DEX transaction fees are automatically burned, and market takers receive 10% trading fee discount when selling KMD.
2. Enterprise SDK/Platform Services: Business services for companies implementing blockchain technology, including custom DEX development and blockchain launch services using Komodo SDK.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels9 records

Core offering

Komodo Platform provides a non-custodial multi-chain cryptocurrency wallet with an integrated decentralized exchange (DEX) that uses atomic swap technology for trustless peer-to-peer trading across 10+ blockchain protocols supporting 1500+ coins/tokens, eliminating the need for wrapped tokens, bridges, or centralized intermediaries. Underpinning the wallet is the Komodo DeFi Framework (APIs/SDK) and the Komodo Core Protocol, which together enable developers and enterprises to build cross-chain DeFi applications and launch independent customized blockchains secured by Delayed Proof of Work.

Product overview

Komodo Platform is an all-in-one blockchain and crypto platform offering a portfolio of interconnected products centered around its core atomic swap technology. The main offering is Komodo Wallet (formerly AtomicDEX), a non-custodial multi-coin wallet and decentralized exchange that enables trustless cross-chain trading without intermediaries. This is powered by the Komodo DeFi Framework, which provides the underlying atomic swap engine and APIs for developers. Supporting infrastructure includes Komodo Core Protocol for creating independent blockchains with zero gas fees, Delayed Proof of Work (dPoW) security mechanism for 51% attack protection, and the Komodo SDK for developers. Products are available across multiple platforms: Web, Mobile (iOS/Android), Desktop (Windows/macOS/Linux), and Browser Extension.

Differentiator

Problem solved

Functional benefit

Products and services

• Komodo Wallet A secure, non-custodial, open-source multi-chain wallet with a built-in decentralized exchange (DEX) powered by atomic swap technology. Available as web, mobile (iOS/Android), desktop (Windows/macOS/Linux), and browser extension apps, supporting 1500+ cryptocurrencies across UTXO, EVM, and Cosmos protocols for individual crypto holders and traders.
• Komodo DeFi Framework An open-source suite of blockchain development tools including an atomic swap engine, DEX feature set, and APIs that provide cross-chain and cross-protocol support. Enables developers and enterprises to build non-custodial wallets, cross-chain decentralized exchanges, bridges, and IDO portals.
• Komodo Core Protocol (Smart Chains) Multi-chain architecture that lets anyone launch an independent, customized blockchain (a Smart Chain) with its own native coin, consensus rules, and tokenomics. Each Smart Chain has built-in scalability and zero gas fees and is generated in under 60 seconds.
• Komodo SDK A complete developer toolkit for building dApps, multi-asset wallets, and cross-chain cross-protocol DEXs. Consists of the Komodo DeFi Framework, Komodo Core Protocol, and Komodo GUI/DAPP Suite, plus a Flutter SDK, and is distributed via GitHub.
• Komodo OceanQT An official native desktop wallet for the KMD coin that runs a full KMD node, stores private keys locally in a wallet.dat file, and is available for Windows, macOS, and Linux. Targeted at advanced users and miners who want to interact with the Komodo network at the protocol level.

Quantifiable outcome

• 581,206 total atomic swaps completed
• +2 more outcomes

Named customers3 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

Integration1 record

Feature6 records

Partnerships

One partnership is on record.

• GleeccoreStrategic or Co-development Partner · 5 December 2025Gleec acquired the Komodo ecosystem in December 2025 to scale native, secure cross-chain trading. The acquisition brings Komodo's cross-chain bridge-free trading technology into Gleec's regulated ecosystem, enabling faster development and broader adoption. Gleec continues developing Komodo Wallet with new features.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• THORChain: Cross-chain DEX using native asset swaps without wrapped tokens, directly competing with Komodo in the multi-chain atomic-swap category. Operates its own liquidity network across BTC, ETH, and Cosmos chains with similar trade-off profile to Komodo's P2P order book.
• ChangeNOW: Non-custodial instant crypto swap service supporting 1,000+ assets across chains. Competes with Komodo for cross-chain swap volume but operates a centralized matching engine rather than a fully decentralized atomic-swap protocol.
• ShapeShift: Originally a centralized exchange, ShapeShift has rebranded as an open-source, non-custodial multi-chain wallet and swap platform. Targets the same self-custody crypto holder persona as Komodo Wallet with a similar multi-chain trading feature set.
• Bisq: Open-source, peer-to-peer decentralized exchange for bitcoin and altcoins using a similar P2P order-book model with no KYC. Shares Komodo's permissionless, non-custodial ethos but focuses on fiat on/off-ramps rather than native cross-chain atomic swaps.

Emerging players

• Chainflip: Cross-chain DEX focused on native asset swaps between BTC, ETH, DOT, and other major chains. Competes directly with Komodo's bridge-free value-transfer proposition but uses an automated market maker rather than an order-book model.
• Symbiosis Finance: Cross-chain AMM DEX aggregating liquidity across EVM and non-EVM networks including BTC. Competes in the cross-chain swap category with Komodo but uses liquidity pools instead of atomic swaps, exposing users to bridge/custody risk Komodo avoids.

Broad incumbents

• Uniswap: Largest DEX by volume and the dominant AMM-based decentralized exchange. Competes for the same crypto-trader wallet user as Komodo but uses an entirely different architecture (AMM pools vs P2P order book) and supports only EVM chains.

Regional players

• SideShift.ai: No-account crypto swap service supporting cross-chain swaps across 50+ assets. Targets a similar privacy-conscious user base as Komodo's no-KYC offering but is a centralized matching service rather than a decentralized atomic-swap protocol.

Others

• Bitrefill: Already an integration partner of Komodo Wallet, Bitrefill enables crypto purchases of gift cards, mobile top-ups, and services. Adjacent ecosystem participant that extends Komodo's wallet utility into real-world spending rather than competing directly.
• Gleec: Acquirer of Komodo in December 2025; operates a regulated crypto ecosystem including an exchange, custody, and payments infrastructure. Now functions as Komodo's parent and strategic distribution channel into regulated markets rather than a direct technical competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/KomodoPlatform
• GitHubgithub.com/KomodoPlatform
• YouTubeyoutube.com/channel/UCtp7YrrEnZbW97sgPldyvKg
• LinkedInmt.linkedin.com/company/komodoplatform

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 Komodo Platform