LogX Network

Bengaluru, India Founded: 2021 • Age: 5 yrs
A DeFi superapp focused on stablecoin liquidity is offered.
Annual revenue - Latest available
Total funding $10.1M 3 rounds
Employees - Tracked headcount
Investors 19 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About LogX Network

LogX Network is a company based in Bengaluru (India) founded in 2021 by Anshu Agrawal and Akshit Bordia. It operates as a FinTech and Token / Crypto Economy. LogX Network has raised $10.1 million across 3 funding rounds from investors including Coinbase, CoinSwitch and Gate.io. LogX Network offers products and services including LOGX PRO Smart Orderbook and LOGX OG Liquidity Pools. LogX Network operates in a competitive market with competitors including Synthetix, Drift, Perpetual Protocol, Blofin and Bonfida, among others.

  • Headquarter Bengaluru, India
  • Founders Anshu Agrawal, Akshit Bordia
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Logx Foundation
  • Date of Incorporation 29 Aug, 2017
  • Jurisdiction Thane -West, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.1 M (USD)

    in 3 rounds

  • Latest Funding Round
    $4 M (USD), Seed

    Sep 16, 2024

  • Investors
    Coinbase

    & 18 more

  • Employee Count
    Not available
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Products & Services of LogX Network

LogX Network offers a comprehensive portfolio of products and services, including LOGX PRO Smart Orderbook and LOGX OG Liquidity Pools.

Product name locked
Category locked
Primary

Advanced orderbook for decentralized finance trading is provided.

Product name locked
Category locked
Locked

Liquidity pools for stablecoin trading are facilitated here.

Funding Insights of LogX Network

LogX Network has successfully raised a total of $10.1M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in LogX Network

LogX Network has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Coinbase, CoinSwitch and Gate.io.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Innovation in distributed networks and emerging technologies is facilitated by Hashed Emergent.
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Venture capital firm focused on pre-seed to series B stage companies
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Venture capital firm investing in web3 technology startups
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Investor details for LogX Network

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by LogX Network

Investments
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Investment portfolio details for LogX Network

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  • Transaction dates
  • Round details
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Financial Statements - LogX Network

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Detailed financials for LogX Network

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Logx Network Comparisons

LogX Network Primary company
Description
A DeFi superapp focused on stablecoin liquidity is offered.
Location
Bengaluru, India
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for LogX Network

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Competitors of LogX Network

LogX Network operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Synthetix, Drift, Perpetual Protocol, Blofin and Bonfida, among others.

Company Name Domain Founded year HQ Location Description
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Derivatives liquidity protocol
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Cryptocurrency futures and options trading solutions are offered.
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Online trading platform for cryptocurrency
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Cryptocurrency futures and perpetual contracts are traded via Blofin's platform.
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Blockchain-based trading network for Solana
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Cryptocurrencies and real-world assets are traded on a decentralized platform.
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Detailed competitors of LogX Network

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Latest news on Logx Network

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Complete news archive for LogX Network

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Frequently Asked Questions about LogX Network

LogX Network was founded in 2021 and raised its 1st funding round 3 years after it was founded.

LogX Network is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Anshu Agrawal is the current CEO of LogX Network. They have also founded this company.

LogX Network is a funded company, having raised a total of $10.1M across 3 funding rounds to date.

LogX Network is recognized as a DeFi superapp dedicated to bringing the 2 quadrillion stablecoin market on-chain. Stablecoin liquidity is integrated with institutional-grade rails. Solutions like LOGX PRO Smart Orderbook and LOGX OG Liquidity Pools are provided to facilitate decentralized finance and trading activities within the blockchain and cryptocurrency sector.

LogX Network's top competitors include Synthetix, Avantis and Drift.

LogX Network offers LOGX PRO Smart Orderbook and LOGX OG Liquidity Pools.

LogX Network has 19 investors. Key investors include Coinbase, CoinSwitch, Gate.io, Hashed Emergent, and Cumberland.

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