Revolutionize the
global futures market

EverMarkets is a cheaper, fairer, and easier way to trade futures.


  • open-source blockchain technology


  • decentralized platform


  • emphasis on liquidity provision

  • Read our white paper (pdf) uk English kr 한국어 zh-hans 简体中文 ru Русский

    Buying futures is like buying a stock
    with built in leverage.
    learn more

    They are a great way to buy global assets.

    Stocks
    Apple, Google, Facebook (USA)
    Tencent, PetroChina (China)
    Sony, Mitsubishi, Nintendo (Japan)
    Gazprom, Lukoil (Russia)
    Indices
    S&P 500 E-Mini, NASDAQ 100 (USA)
    CSI 300 (China)
    Kospi 200 (South Korea)
    EuroSTOXX 50 (Europe)
    Micex (Russia)
    Commodities
    Oil, Gold, Silver, Steel, Corn, Wheat
    Bonds
    US Treasuries, German Bunds,
    Eurodollars, Japanese Gov't Bonds

    But trading on exchanges is problematic.

    Expensive
    Futures contracts trade on one exchange at a time, giving exchanges monopoly pricing power and allowing them to charge high trading and data fees.
    Unfair
    Certain traders have significantly lower fees and technological advantages to trade ahead of everyone else; this increases the "impact" cost of trading.
    Inaccessible
    Connecting to new exchanges is costly and complex, especially if outside the trader's home country.
    about

     Introducing...
    EverMarkets

    Trade any contract from
    around the world
    on one platform

    Everyone is treated equally. You won't need special seats
    or co-located servers to get the best fees and market data.
    There are no barriers between countries.
    You can buy or sell any future from around the world.
    Our inaugural products are fungible with contracts from
    existing exchanges, making the transition easy for all.

    Trade any contract with
    vastly lower fees

    Gone are excessive brokerage, clearing, and exchange fees.
    With blockchain technology, we can dramatically lower the cost of trading.
    Trade fractional increments of any futures contract.
    There are no minimum notional or size requirements.

    Trade any contract with
    minimal impact

    Our markets do not favor the fastest traders.
    We eschew speed-sensitive continuous order books
    and use periodic pro-rata call auctions instead.
    This unique microstructure reduces volatility,
    improves the execution of large orders,
    and is less susceptible to "flash crashes".
    about
    mechanics2
    Introducing The EVR Token
    A unit of transaction, settlement, and administration
    030-trader_coin

    Traders use tokens to take risk.  When purchasing a futures contract, a trader makes a bet on the price of an instrument at a future expiration time.  When expiry occurs, or when a trader closes a position, he or she is paid out the difference of the price at purchase and the price at the expiry, denominated in our token.

    031-margin_coin

    Margin syndicates accept collateral and provide leverage.  They are implemented as smart contracts within our system, which means that they can be trusted entities despite having no particular owner.  They accept collateral from traders, permit them certain amounts of leverage, and charge them a fee for this service.

     

    Leverage is provided by token holders who act as lenders within the syndicate.  Lender deposit their coins in a margin syndicate and are paid from the traders’ fees.  Lending is not without risk: staked tokens are the primary backstop against counterparty risk.

    032-matching_coin

    Matching engines accept and match orders for a specific futures contract, and ensure the stability of markets.  They charge a per-contract transaction fee to traders.

     

    Token holders can also earn money by joining a matching engine.  Matching engine members vote on contract parameters like price bands, order types, crossing times, and settlement procedures.  They are paid a fee on expiry conditional on a successful and stable market.

    whitepaper

    For a deeper dive into how our platform works, please download our white paper.

    whitepaper
    mechanics2
    liquidity
    A Focus On Liquidity
    A central part of our strategy is building liquidity from the start
    ACHIEVING LEGITIMACY

    ACHIEVING LEGITIMACY

    We intend on working fully with the CFTC and other global regulators on creating a legal method of trading futures on our platform.

    Our goal is not to subvert existing exchanges, but to introduce a blockchain-based paradigm which would benefit all traders.

    HEDGING CRYPTO-RISK

    HEDGING CRYPTO-RISK

    The volatility of crypto-currencies in recent years present risks which many traders may not want exposure to. Our contracts are designed to be neutral against crypto- movements.

    While our contracts may track real world commodities like oil or soybean, they are all denominated and payable in our platform’s token only at the time of expiration. This means that you only have crypto- exposure on expiry day, at which point it is possible to immediately trade out if desired.

    OPEN SOURCE PLATFORM

    OPEN SOURCE PLATFORM

    Our platform technology will be open source, with regular audits. We hope that this will alleviate any reservations to trading on a decentralized platform, and enforce trust amongst potentially anonymous parties.

    LIQUIDITY PROVISION TEAM

    LIQUIDITY PROVISION TEAM

    With experience in data science and market making, we will spinoff a quantitative trading team aimed solely at providing liquidity and reducing supply-demand imbalances.

    This team will be compensated based on unmatched volume they are able to cross, and will not have unfair access to data or technology.

    MARKETING & SALES

    MARKETING & SALES

    A large portion of our budget is allocated towards the hiring of dedicated sales and marketing personnel, whose job is to attract interest from institutional investors.

    We also allocate a portion of our tokens towards our liquidity provider program, which subsidizes the on-boarding of dedicated liquidity providers.

    MARKET STABILITY

    MARKET STABILITY

    We will conduct rigorous and regular stress tests against our code, platform, and any associated infrastructure.

    We will also adopt the suspension, halt, and price limit / banding approaches which many exchanges use.

    liquidity
    tokensale
    Token Sale
    To introduce our platform to the world
    <b>Sign up to be the first to hear about our exciting updates.</b>

    Sign up to be the first to hear about our exciting updates.

    We will conduct our token sale in the coming months, details to be announced.

    tokensale
    team
    Our Team
    We are a team of technologists from San Francisco and quantitative traders from Chicago
    We run on ambition and dedication, and are always looking for new additions to our team
    team_jim
    Jim Bai
    Chief Executive Officer
    9 years at Citigroup & Graham Capital
    Managed $1B+ futures and options book, team of two
    Founded machine learning startup
    B.S. Computer Science, Carnegie Mellon University
    B.S. Computational Finance, Carnegie Mellon University
    team_mark
    Mark Pimentel
    Head of Trading
    11 years in algorithmic trading
    Worked at Citadel Investment Group and Knight Capital
    Built quantitative futures & equities strategies
    Expert in price prediction and market microstructure
    M.S. Computer Engineering, Carnegie Mellon University
    team_craig
    Craig Austin
    Chief Technology Officer
    12 years at Microsoft & AQR Capital Management ($208B hedge fund)
    Led asset allocation research engineering at AQR
    Managed team of 18 developers building core research platform
    B.S. Computer Science, Carnegie Mellon University
    team_eric
    Eric Rogstad
    Blockchain Development
    7 years at Microsoft & Amazon
    Social startup founder
    Crypto trader and early investor
    Bought BTC at $0.25
    B.S. Computer Science, Duke University
    team_jacktan2
    Jack Tan
    Business Development
    10 years at Deutsche Bank, Citi, BNP
    Emerging Markets debt trading
    Credit Structuring and Fixed Income Strategist
    Proprietary futures trader
    B.S. Business Administration, Carnegie Mellon University
    team_evan
    Evan Rothmayer
    Platform Development
    13 years at Microsoft, Amazon, & other startups
    Architect on DevOps and Cloud Engineering team of 130 engineers
    Lead developer on multiple "from scratch" product launches at Amazon
    B.S. Computer Science, Iowa State University
    Our Advisors
    We are fortunate to receive guidance from experienced professionals
    across the quantitative trading, technology, and regulatory sectors
    team_kevin
    Kevin Guo (郭宇航)
    Advisor
    Founder & Co-CEO of Dianrong.com, leading Chinese P2P lending platform
    Chairman of Starwin Capital, Chinese fintech investment fund
    Co-authored book on Chinese internet finance regulations
    Was Managing Partner at Yulan Partners, specializing in intellectual property
    Executive MBA degrees from Tsinghua University and Shanghai Jiaotong University
    team_jerald
    Jerald David
    Advisor
    20 years experience in commodities, finance, and exchanges
    Was Chief Administrating Officer at GreenX
    Was Director of Venture Management at CME Group
    Was Chief Marketing Officer for Dubai Mercantile Exchange
    Was Vice President of Marketing for NY Mercantile Exchange
    B.S. International Business, Franklin & Marshall College
    team_howard
    Howard Chao
    Advisor
    35+ year career in law and technology investment
    Principal at Doon Capital, emphasizing U.S./China synergies
    Senior Advising Partner at ShoreVest Partners
    Was Partner at O'Melveny & Myers, Chair of Asia practice
    J.D., U.C. Berkeley
    team_pang2
    Pang Chau
    Advisor
    16+ years leadership in quantitative finance
    Was Managing Director at Citadel Investment Group
    Was Managing Director at Knight Capital Group
    Built largest dark pool in the U.S. October 2008
    M.S. Computer Science, Stanford University
    team_stephen
    Stephen Klein
    Advisor
    Founded discretionary macro fund Abingdon Global
    15+ years of futures trading experience
    Was Portfolio Manager at Graham Capital and AT Global
    Managed capital for Brevan Howard and Goldman Sachs Asset Management
    B.S. Economics, Vassar College
    team_omm2
    O'Melveny & Myers LLP
    Legal
    Prominent international law firm
    Approximately 740 attorneys
    Notable practice areas include securities regulations
    Our Partners
    We are supported by some of the finest institutions in the world
    More will be announced in the days to come -- stay tuned!
    partners_linkvc
    partners_dfund
    team