Eon Labs Ltd. (EON) is a pioneering research firm in artificial intelligence and digital finance, headquartered in Vancouver, BC, Canada. Specializing in the development of algorithmic trading strategies, EON dedicates itself to the dynamic realm of digital currency markets. The company delivers actionable insights and proprietary software tools designed to assist fund managers in spotting market opportunities and enhancing their investment returns. Utilizing advanced machine learning algorithms, EON crafts financial trading strategies. In recent years, it has developed over a thousand strategies. Currently, EON operates several robust strategies, continuously gathering market data from liquid instruments across the most popular cryptocurrency exchanges to refine and advance its models.
Eon Labs Ltd. Traction, Highlights
- 2017, Started trading crypto futures contracts based on models built by machine learning algorithms with founders’ own money
- 2020, Formed investment club in Vancouver, BC, Canada to handle money from friends and family
- 2021, Registered the company Eon Labs Ltd. in British Columbia, Canada
- 2021, Achieved top 50 overall profit (ranked 48) in Binance Coin-M Futures
- 2021, Became fully compliant to serve institutional clients
- 2021, 30-day trading volume of EonLabs has reached 115003 BTC on 5th February 2021 or average around $4 billion in 30-day volume with over ten-thousand trade execution daily. On 3rd December 2021, one of our client account's weekly traded volumes ranked the 75th on Binance. Binance main account VIP status reached VIP Level 6 as a result of our high trading volume.
- 2021, Canada Corporate Tax T2 Return Line 9970 Net income/loss before taxes and extraordinary items: $4,022,436 CAD
- 2022, Single-handedly helped client—Axon Enigma GP—reached 7562.49% return since inception (~29 months) as verified by the Swiss auditor BDO Global. CryptoFundResearch recognized Axon Enigma GP as one of the top ten performing funds out of the 800+ funds listed on it.
- 2023, Enjoy Binance commission fee discount rate via prime brokers:
- VIP Level 9;
- Futures Taker Program (Fee Tier 3); and
- USDⓢ-Margined Futures Liquidity Provider Program (Fee Tier 5)
- 2024, Traded an average of $10 billion monthly in the crypto futures market
Overall Vision (long term 5+ years)
- Mission. To enhance the investment lives of those who trust our technology by helping qualified partners and their client investors reach their financial management goals.
- Vision. The current assets under management (AUM) is approximately $20 million in USD. We aim to reach $150 million USD and beyond by 2025.
Business Model
EonLabs collects software usage license performance fees (“technology fees”) at 30% monthly based on a High-on-High (HoH) model (ESMA Guidelines on Performance Fee) from institutional clients: Axon Enigma GP and Hoovest Group. Hoovest Group can help Canadian investors invest via their tax-free savings accounts.
EonLabs Team
Chen Li, Founder & CEO
- 10+ years’ experience as senior developer and serial entrepreneur, specializing in machine learning