The Work Index by Flexa

Ellipsis Labs

Ellipsis Labs is a company building Phoenix, a decentralized limit order book on Solana for DeFi liquidity.

https://ellipsislabs.xyz/
4.4

/10

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Description

Ellipsis Labs is a company focused on building the liquidity backbone of decentralized finance (DeFi). They are developing Phoenix, a decentralized limit order book on the Solana blockchain. This platform is designed to be fully on-chain, non-custodial, and crankless, meaning it operates directly on the blockchain without relying on centralized intermediaries and is resistant to manipulation.

Ellipsis Labs is committed to innovation within the DeFi space. Their focus on building a robust and secure decentralized limit order book aims to address key challenges in liquidity provision within DeFi, ultimately facilitating a more efficient and accessible financial ecosystem.

Mission

Ellipsis Labs is building a decentralized limit order book called Phoenix on the Solana blockchain. Their goal is to create a robust and efficient liquidity backbone for the decentralized finance (DeFi) ecosystem. This will enable users to trade assets on-chain with high throughput and without the need for intermediaries.

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