New York, New York, February 27th, 2025 – Chainwire – Exciting news from the perpetual decentralized exchange Nos! Today, we’re thrilled to announce that Nos is rebranding to “01,” a name that holds a special place in the hearts of the Solana community. This change comes with the full support of N1, the original owner of the name, and marks a significant step in integrating 01 into the N1 family. This rebrand aligns perfectly with N1’s mission to create a vibrant ecosystem of scalable and innovative decentralized applications (dapps).
The name 01 is well-known within the Solana community, having been a prominent perp DEX before it paused operations after the FTX collapse in 2022. By rebranding, Nos aims to build on the goodwill and reputation that the original 01 established. The previous version of the 01 perp DEX gained popularity among traders before it had to wind down during the challenging market conditions of 2022. Now, with the help of Amber’s infrastructure and a mainnet launch planned for March, Nos is excited to revive this legacy under the 01 name.
The N1 team, which includes experienced members from the original 01 project, views this rebrand as a natural progression. With backing from notable investors like Multicoin Capital, Founders Fund, and Arthur Hayes—who recently reaffirmed their commitment to N1—this transition reflects strong confidence in both the revival of 01 and N1’s broader vision. [NAME] from N1 shared, “We’re delighted to see Nos rebrand as 01 and join the N1 ecosystem. This move reconnects us with a beloved name in Solana’s history while utilizing our infrastructure to support cutting-edge trading applications. It’s a positive step forward for both teams and will surely excite OG Solana traders.”
Nodu of 01 (formerly Nos) added, “Bringing 01 back on N1 allows us to learn from past experiences and create a scalable, user-friendly DEX that will redefine what’s possible in Solana’s perp markets. We’re eager to be part of the N1 family and enhance their unique brand.”
The new 01 perp DEX will maintain a close relationship with N1, whose Layer 1 blockchain is designed to overcome compute and latency challenges for dapps. N1 features distinct settlement and execution layers, enabling efficient and vertically scalable trading environments. This aligns with N1’s recent launch of NTS, a TypeScript smart contracts platform that simplifies development by supporting mainstream programming languages. The integration ensures that 01 can provide a robust perp DEX experience, leveraging N1’s ultra-low latency and high-throughput capabilities.
This announcement follows N1’s recent confirmation from investors and the launch of N1 Studios, a product studio dedicated to nurturing next-generation dapps. With 01’s mainnet set to launch in early March, the rebrand taps into the nostalgia of Solana’s early adopters while positioning itself within N1’s unrestricted execution framework. The N1 team is excited about the potential to broaden the appeal of its ecosystem, supporting trading alongside other impactful applications.
About N1: N1 is a Layer 1 blockchain designed for unrestricted scalability and ultra-low latency, aimed at supporting the next generation of crypto innovations.