Veax Labs, a blockchain startup founded in 2022, is making waves in the Blockchain, Crypto, and Financial Services industries. Based in Switzerland, the company is carving out a niche in the decentralized finance sector with its innovative decentralized exchange (DEX) built on the NEAR Protocol.
Sporting the slogan, "The Future of Decentralized Finance.", Veax offers an advanced suite of features to its users, including single-sided liquidity, concentrated liquidity, and multiple fee levels, all designed to help investors maximize their profits.
In a notable achievement, Veax Labs secured a $1.20M Pre Seed Round investment on 17 November 2022. This funding round attracted prestigious investors such as Outlier Ventures, Circle, Skynet Trading, and proximity, among others.
One element to note is the company's confidentiality protocol, with engineers under NDA and not visible on LinkedIn, highlighting a focus on security. The company is actively expanding its team, signaling ongoing growth and development ambitions.