LinkedIn company information indicates two March 2026 departures: Surbhi Singh (Co-Founder) and Akshay N (Head of Marketing).
SourceThe protocol for derivatives on blockchains
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
EthosX (also surfaced as Fliq by EthosX on LinkedIn) is a Claymont, Delaware-based decentralized derivatives startup founded in 2022. Public materials describe it as a blockchain/DeFi platform for OPerps perpetual options, institutional derivatives RFQ trading, and liquidation-protection products, with an emphasis on on-chain clearing, no intermediaries, and Kana Labs integration. Public evidence points to roughly 5 employees, a 1-10 employee range, and about $2.425M raised; no public careers page, GitHub repo, or phone number was found.
Primary product
OPerps (perpetual options) and an on-chain derivatives RFQ platform
Founded
2022
Headquarters
Claymont, Delaware, United States
Team size
1-10 employees
Industry
Software Development
Sub-industry
Decentralized finance (DeFi) / blockchain derivatives
0 jobs at EthosX
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Offices
Business model
Stage
Seed
Total raised
$2.4M
Latest round
Venture Round · Dec 2023
Latest amount
$1.8M
Dec 2023
Aug 2022 · Y Combinator
Mar 2022
Founders
Co-Founder (departed Mar 2026)
Investors
Community- and education-oriented, with tutorials, Insider/community programs, ambassador/reward campaigns, and frequent product/news updates. No public employee culture or HR page was found.
Compensation
No public employee compensation data found; the public site mainly advertises user-facing incentives such as airdrops, zero-fee promotions, and VIP access.
Benefits
Pricing
Publicly marketed as having no hidden fees, with a promotional offer of zero trading fees on the first $1,000 in volume; standard pricing is not publicly disclosed.
Differentiators
Technology
Customers
Competitors
Estimated revenue
approx. $440K ARR (third-party estimate as of Sep 2025)
LinkedIn company information indicates two March 2026 departures: Surbhi Singh (Co-Founder) and Akshay N (Head of Marketing).
SourceEthosX blog · Jan 2025
Official blog post explaining how OPerps extend perpetual futures with options mechanics, hedging, leverage, and on-chain settlement.
GlobeNewswire · Nov 2024
Company press release stating Operps was live on Arbitrum, with 5-minute settlement cycles, on-chain clearing, institutional RFQ derivatives, and liquidation-protection development.
EthosX blog · Nov 2024
Official explainer post comparing derivatives, options, and OPerps, and describing the product and its trading use cases.
Chainwire · May 2024
Launch announcement for OPerps in partnership with Kana Labs; describes tokenized ERC-20 options, BNB Chain and Arbitrum support, and Pyth pricing.
CoinDesk / Yahoo Finance · May 2024
Consensus 2024 Pitchfest finalist list that includes EthosX among Web3 and blockchain infrastructure startups.