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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 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

The founding team combines academic backgrounds in mathematics, physics and computer science from leading universities with multi-decade careers in derivatives and electronic trading at global investment banks, including senior leadership roles in FX options and electronic FX trading, as well as experience founding fintech and algorithmic trading ventures. Leadership drives product direction, engineering and the strategic oversight and governance of Cantex.

Smart Contract and Protocol Engineering

Protocol and smart contract development is led by engineers who have designed and delivered production DeFi systems including:

  • perpetual DEX
  • limit order book
  • concentrated liquidity AMMs
  • liquid staking protocol.

Product and Development Team

Cantex is built by a compact, senior team covering:

  • Backend engineering trading engine and 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 complex workflows such as funding, order entry and risk views 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.