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Watt2Trade
Project type
Blockchain & App Development
Date
2023-2024
Location
Mexico City
One of our most ambitious projects to date is Watt2Trade, a groundbreaking platform developed for a major Mexican electricity conglomerate. Watt2Trade aims to democratize access to electricity financial markets, enabling individuals to hedge against price volatility and take advantage of trading opportunities.
In traditional electricity markets, trading is dominated by central entities and market operators, creating high entry barriers like costly licenses. With global shifts towards green energy and increasing market participation by individuals through solar energy production, Watt2Trade’s founders — seasoned experts with over 15 years in electricity trading — envisioned a platform that could empower users to trade directly without intermediaries.
After extensive collaboration and discovery sessions, we defined a clear strategy for the platform. It would enable users to trade financial instruments, such as futures and options, on electricity prices with minimal capital — starting as low as $1 — and small trading volumes, like 1 kWh. Transparency and decentralization were also critical, steering the project towards blockchain technology as the backbone of the platform.
The Polygon PoS network was selected for its low transaction costs, reliability, and compatibility with Ethereum’s ecosystem. By leveraging blockchain, Watt2Trade ensures peer-to-peer trading, low operational costs, and accessibility for all users.
Development began in March 2023, with Jelly creating a multi-disciplinary team of over 20 developers, designers, and trading experts of Watt2Trade to perform the work. By May 2024, we launched a closed alpha on time and within budget, and as of July 2024, the platform is in open beta on the Polygon production network. An official launch is set for the second half of 2025, after stress testing and regulatory matters are resolved.
This project reflects our ability to tackle complex, large-scale challenges while delivering innovative solutions. Watt2Trade embodies Jelly’s commitment to excellence: Helping our clients bring transformative ideas to life and setting a new standard in electricity trading.





