Xenophon Labs is a Web3 research and development company focused on mechanism design, token design, and MEV, founded by Max Holloway. Xenophon Labs's Twitter Score is 14 out of 1000 as of September 2026, ranking #70,008 among 487,142 tracked accounts.
Xenophon Labs conducts mechanism audits and applied research across decentralized finance protocols. The company received a grant from dYdX Grants to study rewards-optimization trading strategies, work that directly influenced changes to the dYdX rewards formula. A second grant from dYdX Grants supported research into treasury management and diversification of community treasury funds. Xenophon Labs also examined the efficiency of dYdX's Liquidity Module and Safety Module, concluding that both represent inefficient sources of protocol emissions.
Xenophon Labs has received research funding from the Uniswap Foundation, which awarded a grant for work on pricing order flow and designing incentives for interfaces. Aave Grants DAO approved a grant for Xenophon Labs to research the Aave Safety Module, and the team completed its initial findings. Xenophon Labs also serves as an endorsed delegate for dYdX.
Xenophon Labs is currently investigating Trusted Execution Environments as a technical response to validator-level MEV, trade censorship, and frontrunning. The team is also testing and analyzing LP Vaults designed to provision liquidity to long-tail markets through delta-neutral market-making strategies. Xenophon Labs has published 106 posts and has been mentioned by 8 accounts a total of 16 times.
Who follows Xenophon Labs on X?
The accounts that follow Xenophon Labs include 42 founders, 17 angel investors, 13 influencers and 1 VCs, among them Tarun Chitra, John Wang, mikedemarais.eth, Yu Hu, Eddy Lazzarin and Calvin.