Fundraising Fox

Dexalot

St. Petersburg, US · Founded 2021 · Delaware corporation · 2 known investors

Dexalot is a non-custodial, omni-chain decentralized exchange built around an on-chain central limit order book.

Also known as Dexalot Exchange

Founders & leadership

MN
M. Nihat GurmenNamed on SEC filing
CD
Cengiz DincogluNamed on SEC filing

Investors · 2

Reported raises · per SEC filings

Form D private placements

$1M disclosed across 1 round · 2021

$1MraisedNov 2021 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • M. Nihat GurmenExecutive Officer, Director
  • Cengiz DincogluExecutive Officer, Director
Offering amount
$5M
Amount sold
$1M
First sale
Sep 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Dexalot operates a decentralized trading platform designed to offer an experience comparable to centralized exchanges while remaining non-custodial. Its core product is an omni-chain decentralized exchange (DEX) built on an on-chain central limit order book (CLOB), with an accompanying Avalanche subnet deployment referenced in its product materials. The company positions the platform as an inclusive trading environment with low fee rates intended to preserve trader returns.

The product set documented by the company includes spot trading through the order book, a trading API for programmatic and algorithmic access, liquidity provision with published annual percentage yield methodology, a tiered trading-fee and rebate structure, "OmniVaults" liquidity vaults, liquid staking for its $ALOT token, and a set of main and auxiliary smart contracts supporting the omni-chain application.

The company was founded in 2021 and is based in St. Petersburg, Florida. It is described elsewhere as sitting in the crypto/Web3 sector across the DeFi, crypto exchange and blockchain infrastructure verticals.

Business model

Dexalot runs a consumer-facing (B2C) decentralized exchange. Externally profiled revenue drivers are transaction/payment processing fees and usage-based access to platform services, complemented by a native $ALOT token used for liquid staking and incentive programs.

Trading fees charged on order-book activity, with published fee rates and rebate tiers for makers and liquidity providers, alongside usage-based platform access such as the trading API.

Traction

External firmographic tracking reported roughly 9,600 monthly website visitors as of April 2025, up 96% month over month, and a further 36% month-over-month increase in monthly visitors reported in April 2026. Employee counts reported externally range from 1-50 to approximately 30.

Latest developments

Documented product lines include OmniVaults liquidity vaults, liquid staking for $ALOT, tiered trading fees and rebates, and a trading API for programmatic access.

Full profile — market position, technology, go-to-market, geography, history

Market position

Positioned as a decentralized order-book exchange competing with centralized exchange trading experiences; comparable companies cited include Hyperliquid and Ellipsis Labs.

Combines a fully on-chain central limit order book with non-custodial, omni-chain execution, rather than an automated market maker or custodial matching engine.

Technology

An on-chain central limit order book decentralized exchange operating across chains ("omni-chain"), deployed with an Avalanche subnet, supported by main and auxiliary smart contracts, OmniVaults liquidity vaults, liquid staking of the $ALOT token, and a public trading API.

Go-to-market

Direct self-serve access to the exchange, supported by developer and trader documentation (articles, tutorials, API guides) and incentive programs including trading fee rebates, liquidity provision yield and liquid staking rewards.

Retail and algorithmic crypto traders seeking non-custodial order-book trading, plus liquidity providers and token projects using the platform for price discovery and token launches.

Geography

Headquartered in St. Petersburg, Florida, United States, with a single documented office location.

History

Founded in 2021 in St. Petersburg, Florida, Dexalot developed a decentralized exchange with an on-chain central limit order book and subsequently expanded into omni-chain deployment, liquidity vaults, liquid staking and API-based trading access.

Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Employee countJan 202630 employees
Employee rangeJan 20261-50
Monthly website visitorsApr 20259,600 visitors/month

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 8

by search overlap
Coinbase30 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
TradingView28 shared keywordsTradingView is a charting platform and social network used by over 100 million traders and investors worldwide to analyze and trade across global financial markets. The platform provides tools for technical analysis, market data, and community collaboration for retail and institutional traders.
CryptoRank24 shared keywordsCryptoRank provides cryptocurrency market data, analytics, and research, including live prices and market capitalization rankings for thousands of coins, along with fundraising trends and token sale tracking. It publishes insights and reports covering exchanges, funding rounds, and market narratives for crypto investors and researchers.
MEXC21 shared keywordsMEXC is a cryptocurrency exchange where users trade a range of tokens and futures, with features such as low fees and liquidity. It highlights asset security measures including a Guardian Fund, 1:1 backed reserves, and a futures insurance fund.
KuCoin20 shared keywordsKuCoin is a cryptocurrency exchange where users can trade digital assets. It highlights proof-of-reserves transparency and ranks among the larger crypto trading platforms.
Kraken19 shared keywordsKraken 360 Investments provides capital and launch infrastructure to blockchain protocols in pre-token and early post-token phases, offering custody, staking, treasury, and liquidity services alongside fundraising support.
Bitget19 shared keywordsBitget is a cryptocurrency exchange platform that also offers Bitget CFD, letting users trade traditional assets such as forex, gold, crude oil, and indices directly with USDT via an MT5 account. It provides multi-asset trading with up to 500x leverage for retail and crypto traders.
Crypto14 shared keywordsCrypto.com operates a regulated all-in-one financial app where users can buy, trade, earn, and spend cryptocurrencies, stocks and ETFs, and prediction market contracts, plus a self-custody onchain wallet with DeFi access. It serves retail and institutional investors globally, with equities and prediction markets offered to US users under SEC and CFTC regulation.

Companies competing with Dexalot for the same Google search keywords, organic and paid, via search-intersection analysis.

Legal entities · 1

corporate structure
DexalotDelaware

In the news

Research sources · 5

primary sources listed

5 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Dexalot do?
Dexalot is a non-custodial, omni-chain decentralized exchange built around an on-chain central limit order book.
Who are Dexalot's investors?
Dexalot's investors include MC Ventures (Muhabbit Capital), Woodstock Fund.
How much funding has Dexalot raised?
Dexalot has disclosed $1M raised across 1 round.
Where is Dexalot headquartered?
Dexalot is headquartered in St. Petersburg, US.