The Team

Cantex is developed by CaviarNine, a team with deep experience in derivatives trading, electronic markets and DeFi protocol engineering. CaviarNine was founded in July 2021 and the team initially built the leading suite of on-chain products on the Radix L1 Network, including:

• A concentrated liquidity DEX

• An on-ledger order book

• Liquid staking products

• The Surge perpetual DEX

• The JustLock token locker

These products became the dominant DeFi ecosystem on Radix by TVL and trading volume. This experience informs how Cantex is designed and built on Canton.

As of 2025, the team is fully dedicated to building on Canton.

Leadership

Oliver Scott-Simons - CEO, Co-Founder of CaviarNine Oliver has a background in Mathematics from Imperial College London and spent over a decade trading exotic and multi-asset FX options at Barclays Capital, Standard Chartered and Dresdner Bank. He later founded fintech and algorithmic trading ventures and now leads product and engineering for Cantex.

Chris Colman - Executive Chairman, Co-Founder of CaviarNine Chris studied Theoretical Physics and Computer Science at the University of Cambridge. He began his career in derivatives and systematic trading at Dresdner Bank before moving to Barclays Investment Bank, where he rose to Managing Director and Global Head of FX Options and Electronic FX Trading. He provides strategic oversight and governance for Cantex.

Smart Contract and Protocol Engineering

FrostByte - Lead Smart Contract Architect Frost studied Physics and Computer Science at the University of British Columbia and leads protocol and smart contract development. Over the years, he has designed and delivered systems including:

• perpetual DEXs

• limit order books

• concentrated liquidity AMMs

• liquid staking protocols.

Product and Development Team

Cantex is built by a compact, senior team covering:

• Backend engineering handles matching engine integrations, ledger connectivity, data pipelines and monitoring.

• Frontend engineering delivers the trading interface, account management flows and real-time market data experience.

• UX/UI design ensures that complex workflows, such as funding, order entry and risk views which are clear, consistent and usable for both professional traders and newer participants.

The team works closely across product and engineering, focusing on correctness, security and clear user workflows.