Note from cp0x: 2025, a year of building what matters
To our community, partners, and fellow builders,
2025 was the year cp0x grew from a small initiative into something we're genuinely proud of. Not because of the numbers, but because of what those numbers represent: trust earned, users protected, and values upheld.
This year tested our beliefs. During the October and November stress events, while others chased yields that seemed too good to be true, we chose a different path. Our conservative approach meant we weren't the fastest-growing curator, but our users didn't lose their assets.
Our community is what makes cp0x special. Quants who build sophisticated strategies. DeFi users who know protocols inside out. We love you and we respect what you bring to this space.
Values over profits. Always.
— cp287, CEO of cp0x
2025 in review
$15B+ trading volume · 6 hands-on project launches · 19 DAOs · $1.2M+ distributed to users · 3 new products with PMF · 6 conferences attended · 27 students sponsored · 27 community calls
Volume on perp exchanges
Over $21B in total volume across platforms: Paradex $8.74B, Lighter $7B+, Backpack $2.19B, Extended $1.15B, Derive $800M in one month, Variational $550M in three months, and $1B+ across others.
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Hands-on launches
We reviewed over 145 projects in 2025 and worked with 6 of them. The rest did not meet our criteria for quality, transparency and alignment with community interests. We build long-term partnerships.
OTC market and escrow
Launched by user demand, our OTC marketplace processed 500+ orders and facilitated 50+ completed deals with continuously improving spreads. It lets our community access illiquid assets safely, with cp0x as a trusted counterparty.
Risk curation
Top 4 curator in Symbiotic, with capital also curated on Mellow, Gearbox and other protocols. Our Symbiotic vault hit its 2,000 ETH cap during operation. Through the November stress events our conservative approach meant zero user losses.
Validation service
cp0x operates validator infrastructure across production networks, early-stage ecosystems and major testnets, together with STAKR.space. Validating Monad from day one; 6.2M AZTEC delegated to us by the community in Aztec; #1 validator in Symbiosis; 7 networks validated in Symbiotic; 19 AVS running in EigenLayer. Early mainnet participation in Fermah and DoubleZero.
Governance
Delegations in Arbitrum grew from 87k to 209k ARB, in Lido from 198k to 3.4M LDO, which put us in the top 4. We entered the top 4 Obol delegates and became a recognised delegate in CoW. Most of our voting activity went to Arbitrum, Lido, Optimism, Uniswap, Jupiter and Origin.
Investments
Angel and strategic investments in early-stage teams building DeFi infrastructure: Propeller Heads, Enclave, Resolv, MegaETH, Intuition, Sprinter, Signet, YieldBasis, LTV Protocol, Pelagos, Savant Chat.
Community
Telegram grew to 19,000 members with daily DeFi discussions. YouTube reached 12.8K subscribers and 27 videos, with guests including Konstantin Lomashuk (Lido), Michael Egorov (Curve) and Vladimir Novakovski (Lighter). Twitter grew 86% with 400+ posts.
Public goods
Open-source permissionless frontends for 8 major protocols: Spark, Aave, Uniswap, Sky, Balancer, Liquity, Morpho and Tornado, including a Tornado interface in TOR. Conference side events at TOKEN2049, ETHcc and Devconnect.
Scholarships
Talent is everywhere, opportunity is not. We sponsor students in mathematics and technology education who have the drive but lack the resources. 27 students sponsored in 2025.
Fun stuff
42 unique cp0x Heroes collectible cards launched, 1.1M+ cp0x tokens distributed to active users through the loyalty system, community contests running throughout the year, and a first merch drop for the most loyal users.
Team and financials
A self-funded team of 7. Liquid assets grew 378% year over year. No external funding, no token sale, breakeven from day one.
Conclusion
2025 was a year of execution. We launched 6 new products, facilitated $15B+ in trading volume, participated in 19 DAOs and distributed $1.2M+ back to our users. Our conservative approach proved its value during market stress events, protecting user assets when others chased unsustainable yields. Looking ahead to 2026: deeper DeFi integrations, expanded risk curation, and continued commitment to our community.
