Dexible

company

About

Dexible is an automated trading web platform and API focused on the DeFi market.

Details

Last Funding Type
Pre-seed
Last Funding Money Raised
$1.50M
Industries
Apps,Cryptocurrency,FinTech,Software
Founded date
Dec 1, 2020
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
BUIDLHub

Dexible is a dex aggregator focused on automated trading for institutions. The platform's goal is to become the DeFi Execution Management System for translating strategy into results across different blockchain networks. Dexible uniquely focuses on dex markets and supports fully non-custodial trading, while concealing the trader's intent for future swaps. The platform gives users core atomic functionality out-of-the-box that vastly improves overall performance for portfolio managers who want to deploy capital strategically and efficiently.

No subscription or registration is required to get started. If funds are held in MPC wallets like Fireblocks or Qredo, traders simply connect to the platform via WalletConnect or Metamask.
Traders rely on Dexible full life cycle trade support for their dex swaps and accounting management. Dexible's 7 order types draw inspiration from those offered in traditional finance including TWAP/DCA, Stop Limit, Stop Loss, Take Profit, and Limit Orders. The Dexible aggregator pulls liquidity from 57 AMMs to make swaps possible and uses a smart order router to determine the best pricing across 5 different networks. Automated trading leads to far superior outcomes for strategies trading in long-tail assets. Some unique use cases the platform introduces include rug pull protection, buying dips in prices, price bounded Dollar Cost Averaging, minimizing transaction fees, preserving profits, and illiquid market swaps.

The Dexible team repurposed infrastructure from a signals composition engine designed for Ethereum devs into automated trading after the CDL accelerator in the summer of 2020. Today, Dexible's infrastructure evaluates multichain market conditions 24/7. The platform automatically evaluates parent orders and splits up the total input to reduce total swap slippage by up to 30%. Orders have custom algorithms based on trader’s criteria boiled down to True-False policies. Traders get detailed pre-trade estimates and post-trade analytics to improve decision-making.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1.50M
Dexible has raised a total of $1.50M in funding over 2 rounds. Their latest funding was raised on Jan 20, 2021 from a Pre-seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 20, 2021 Pre-seed $1.50M Detail
Jan 1, 2020 Non-Equity Assistant 1 Creative Destruction Lab (CDL) Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Dexible is funded by 1 investors. Creative Destruction Lab (CDL) are the most recent investors.
Investor Name Lead Investor Funding Round
Creative Destruction Lab (CDL) Yes Non-Equity Assistant

Employee Profiles

Number of Employee Profiles
3
Dexible has 3 current employee profiles, including Executive Mitchell Opatowsky
Executive
Executive
Executive