Azuro Protocol vs SX Network
| Attribute | Azuro Protocol | SX Network |
|---|---|---|
| Founded | 2021 | 2019 |
| HQ | Zug, Switzerland | Toronto, Canada |
| Type | Decentralized On-Chain Liquidity Layer for Prediction Apps | Decentralized Sports Betting Blockchain & Exchange |
| Regulated | ❌ No | ❌ No |
| Valuation | — | — |
| Status | Active | Active |
| Prestige | 66% | 72% |
Azuro Protocol was created in 2021 by Rossen Yordanov and Gevorg Yeritsyan in Zug, Switzerland, to solve the liquidity fragmentation and high market-making overhead inherent in decentralized prediction and sports wagering platforms. Rather than operating a single end-user destination, Azuro functions as a modular infrastructure layer that powers independent prediction interfaces.
At the core of the protocol is the "Liquidity Tree," an innovative pooled liquidity architecture that pools capital into a unified, risk-managed liquidity reserve. This allows third-party developers to launch custom sports betting dApps, entertainment prediction tools, and gamified wagering products without needing to seed individual order books or source bespoke liquidity.
Full profile: Azuro Protocol →SX Network (originally launched as SportX) was founded in 2019 by former trading floor professionals Andrew Young, Jake Hannah, and Julian Wilson in Toronto as a peer-to-peer Web3 betting exchange built to eliminate middleman margins and limit restrictions.
Operating as an EVM-compatible Layer-2 application chain leveraging Arbitrum Orbit and Polygon technologies, SX Network provides custom sports orderbook infrastructure, non-custodial smart-contract escrow settlement, and native cross-chain wagering capability.
Full profile: SX Network →