QFEX
Seed Round

QFEX is a hybrid perpetual futures exchange offering 24/7 high-leverage trading on traditional assets including US equities, indices, commodities, and FX. The platform uses an institutional-grade central limit order book with microsecond latency, external market makers, anti-HFT protections, and USDC cross-margining, targeting the $100B traditional exchange and clearing industry.

$9.5M 

On 5 March 2026, QFEX announced the completion of its Seed Round at a $95M valuation. The round was led by Yuri Sagalov of General Catalyst with participation from Paul Graham, Y Combinator, Nexus Venture Partners, Moonfire Ventures, Goodwater Capital, Liquid 2 Ventures, 468 Capital and Ritual Capital. The funds raised by the QFEX Y Combinator project are directed toward platform development, technological infrastructure, and expansion of market offerings.