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Entropy Markets

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Entropy is a perpetual futures exchange for instruments tracking private startup equity.
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What is Entropy Markets?
Entropy Markets is a decentralized volatility perpetuals exchange built on the Solana blockchain. Launched in partnership with Friktion, it aims to provide deep liquidity and efficient exposure to volatility as an asset class, allowing users to trade unique products like power perpetuals and implied volatility perpetuals.
How Does Entropy Markets Work?
The platform utilizes Solana's high-speed infrastructure to support lightning-fast trading of decentralized derivatives. It operates by collateralizing trades with USDC and offering products such as Power Perpetuals, which track the square of an asset's price for options-like exposure, and Implied Volatility Perpetuals, which track volatility indices from centralized exchanges.
What Makes Entropy Markets Unique?
Entropy Markets is unique for its focus on 'volatility as an asset class,' offering 5x leverage on complex volatility instruments without the need for traditional strikes or expiries. It was designed to integrate seamlessly with the broader Solana DeFi ecosystem, specifically Friktion's portfolio management strategies, to help traders hedge or capitalize on market turbulence.
Who Are the Founders of Entropy Markets?
The project was launched by a team of developers in collaboration with Friktion, a leading Solana asset management protocol. Key contributors include 'Tux Pacific' (CEO of Entropy), who has a background in decentralized self-custody solutions and crypto automations, and members of the Friktion core team who specialize in quantitative finance and DeFi infrastructure.

Latest news

What Key Events Have There Been for Entropy Markets?
Significant milestones include the successful launch of its decentralized volatility exchange on Solana in early 2022 and securing partnerships with major protocols like Friktion and Mango Markets. In January 2026, the project's lead, Tux Pacific, announced a pivot toward AI-integrated crypto automations before ultimately deciding to wind down operations and return capital to investors due to market fit challenges.
Project Announcements
Recent updates focused on the development of an AI-driven automation platform (similar to a crypto-native Zapier) in late 2025. However, as of January 2026, the official announcement confirmed the closure of the startup and the initiation of investor refunds.

Upcoming events

Latest Airdrop
There are currently no active or upcoming airdrops for Entropy Markets as the project has moved toward returning capital to investors.
ICO Time
The project conducted a $25 million seed funding round in June 2022 led by Andreessen Horowitz (a16z) and Coinbase Ventures.
IDO Time
Specific IDO dates for the ENT token were not publicly prioritized over private funding rounds; however, the token was listed on decentralized exchanges like Raydium in 2024.
TGE Time
The Token Generation Event occurred alongside its initial liquidity listings on Solana-based DEXs in 2022-2024.

Project announcements

Where to Buy Entropy Markets?
The Entropy (ENT/ENTROPY) token can be primarily traded on Solana decentralized exchanges, including Raydium, PumpSwap, and FluxBeam, with the most liquid pair being ENT/SOL.
Entropy Markets Price
Daily Trading Volume
The 24-hour trading volume is approximately $1,100, showing a recent decrease in market activity as the project winds down.
All-Time High
$0.002821 (reached on May 11, 2026); current prices are significantly lower, trading over 98% below this peak.
All-Time Low
$0.00002852 (recorded in May 2026), with minor recoveries observed during low-liquidity trading sessions.
Market Cap and Valuation
Market Cap
The self-reported market capitalization is approximately $32,000, ranking it among lower-tier micro-cap tokens.
Fully Diluted Valuation
The FDV is estimated at $38,470, assuming a total supply of 1 billion tokens.
Entropy Markets Price Prediction
There are currently no available forecasts from reliable experts or publications due to the project's recent announcement regarding the wind-down of operations and the return of capital to investors.
How to buy Entropy Markets?
To purchase Entropy Markets, follow these simple steps using the Bitget Wallet:
Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store.
Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password.
Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods.
Navigate to the Market: In the Bitget Wallet, go to the market section and search for Entropy Markets to view available trading pairs.
Place Your Order: Select the desired trading pair (e.g., ENT/USDT or ENT/SOL), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, Entropy Markets will be added to your wallet.

FAQ

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Disclaimer & risk notice: Some content on this page may be AI-assisted or generated and is for general reference only. For the most accurate and up-to-date information, please refer to the project's official website. Bitget Wallet values every partnership. If you find any issues or inaccuracies, contact us at [email protected] — we appreciate your feedback and will continue to improve.