
PAX Markets
https://pax.marketsExchange and co-located trading facility, on a chip.
PAX is a new crypto exchange and is the first – in all capital markets – to operate from a single chip rather than an entire datacenter. PAX moves traders to within nanometers of the exchange – closer than ever before possible. Such proximity unlocks unprecedented value to high frequency customers and PAX shares this value by offering zero-fee with cash-back to every other market participant on every trade. PAX is to exchange as Robinhood was to retail brokerage: the first in the industry to “go to zero” and a complete game changer across every asset and geography. PAX founders, Pete and Ben have spent years working as high-frequency traders, from crypto to traditional markets. Having directly experienced the benefit of electronic trading, they share a belief in its potential to further evolve and create better global markets.
Total Open and Closed Positions
Total open positions, and positions newly closed since the previous update
Department Headcount Over Time
Open positions per department · top 6 at any point in the window
Newly Opened and Closed Positions
Position Churn Rate
Positions closed within 14 days of opening · a high rate suggests posting instability — duplicates, pulled listings, or roles filled through internal or off-market channels
Time-to-Fill Distribution
Days from open to close · closed positions only
Salary Trend Over Time
Monthly median base salary · USD · annualized · p25/p75 dashed
Salary Range by Department
Employment Type
Technical vs. Non-technical
Open positions · by department
Top Roles by Department
Seniority Mix
Derived from job title keywords
Equity Range by Department
Top Skills
Top Tech Stacks
Skills Trend
Change in share of postings · recent 3 months vs. prior 3 months
Tech Stack Evolution
Positions opened per month · top 5 technologies