Sphinx: Join the Power & Gas Exchange Early!
SphinxBasic Quest
21D 15:22:52
532
Quest Overview
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Sphinx is taking a different path than most on-chain perps venues: instead of just launching a DEX, it's pursuing CFTC designation as a Designated Contract Market and Derivatives Clearing Organization to legally offer regulated power and natural gas derivatives (Henry Hub, ERCOT North) around the clock, T+0 settled in USDC.
The project has not opened public trading yet -- early sign-ups get priority access once it does. Full details: sphx.io.
Pyramid
200 points
01About Sphinx (Optional)
02Sign Up Early
03Claim
About Sphinx
Open the Sphinx website to see what it's building and why it's different from a typical perps DEX.
Sphinx (trading as GCX) is building a 24/7 exchange for U.S. power and natural gas -- perpetual swaps and dated futures on Henry Hub and ERCOT North, T+0 settled in USDC -- plus broader 24/7 commodities access (oil, metals, agriculture).
Sphinx is pursuing CFTC designation as a Designated Contract Market and Derivatives Clearing Organization -- a regulatory path most crypto perps projects don't take. The project hasn't opened public trading yet.
