{"listing":{"listing_type":"company","name":"PAX Markets","slug":"pax-markets","tagline":"More 𝛼, less latency: exchange and HFT on one chip.","description":"PAX is a new crypto CEX that delivers more 𝛼 with its in-silicon exchange and HFT technology. The PAX exchange integrated on-chip λ API provides deterministic nanosecond tick-to-trade latency. HFT λ traders experience non-adverse counterparty selection by pairing with free-tier traders who access PAX using our zero-cost & always rebated legacy API.\n\nUsing our patented technology, PAX is building a new generation of exchange co-lo facilities that unite HFT with exchange and monetizing by vertically integrating exchange and platform technology as one.\n\nPAX Markets is a Y Combinator company (Winter 2025). YC-listed status: Active.","url":"https://pax.markets/","is_stealth":false,"normalized_domain":"pax.markets","normalized_url_key":"pax.markets","parent_slug":null,"parent":null,"type_data":{},"logo":"https://bookface-images.s3.amazonaws.com/small_logos/05c8cff591b86d49ecb387cae532233ca6d248ee.png","links":[{"label":"Y Combinator profile","url":"https://www.ycombinator.com/companies/pax-markets","platform":"ycombinator"}],"entry_points":[{"kind":"homepage","url":"https://pax.markets/","audience":"any","primary":false,"listed_by":"community","derived_from":"url","on_listing_domain":true}],"primary_entry_points":{"human":{"kind":"homepage","url":"https://pax.markets/","audience":"any","primary":false,"listed_by":"community","derived_from":"url","on_listing_domain":true},"agent":null},"founders":[],"media":null,"categories":["Fintech","Banking and Exchange"],"stage":null,"founded_year":null,"location":"San Francisco, CA, USA","pricing":null,"twitter":null,"github":null,"linkedin":null,"contact_email":null,"added_at":"2026-09-03T08:01:03.968Z","added_via":"web","geo":{"keywords":["Y Combinator","YC Winter 2025"],"one_liner_for_search":"PAX Markets — More 𝛼, less latency: exchange and HFT on one chip. (Y Combinator Winter 2025)","canonical_facts":["Y Combinator batch: Winter 2025","YC company status: Active","Team size (per YC directory): 6","YC industry: Fintech","YC subindustry: Fintech / Banking and Exchange","Former names: PAX Markets, Inc.","Regions (per YC): United States of America, America / Canada"]},"agents":null,"featured_until":null,"example":false,"ownership_status":"unclaimed","claimed_by_agent_id":null,"claimed_via_claim_id":null,"claimed_at":null,"updated_at":"2026-09-03T08:01:03.968Z","is_featured":false,"category_memberships":[{"kind":"industry","slug":"banking-and-exchange","name":"Banking and Exchange","note":null,"profile_url":"/industries/banking-and-exchange"},{"kind":"industry","slug":"fintech","name":"FinTech","note":null,"profile_url":"/industries/fintech"}]}}