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Full-Time

Senior Software Engineer

Confirmed live in the last 24 hours

Ellipsis Labs

Ellipsis Labs

1-10 employees

Decentralized finance solutions on Solana blockchain

Fintech
Crypto & Web3

Senior

New York, NY, USA

Category
Backend Engineering
Software Engineering
Required Skills
Rust
Blockchain
Go
C/C++
Requirements
  • Experience building software systems (preferably in Rust, C++, C, or Golang), with high-quality and well-documented production code
  • A demonstrated track record of high agency, willingness to dive into unfamiliar technical and non-technical areas, and a team-first attitude
  • Passion for decentralized finance
  • Bachelor’s degree in Computer Science or related technical field or equivalent practical experience
  • Experience working with blockchain technology, preferably Solana
  • Experience working with Rust
Responsibilities
  • Contribute to critical software systems at all parts of the stack
  • Design, develop, and deploy programs on the Solana blockchain
  • Maintain a high bar of security, correctness, and thoughtfulness around the code
  • Write high-quality, maintainable, well-tested code with thorough documentation

Ellipsis Labs creates products for the decentralized finance (DeFi) sector, focusing on advanced financial solutions using blockchain technology. Their main product, the Phoenix protocol, operates as a leading orderbook spot exchange on the Solana blockchain, allowing users to trade assets efficiently. Unlike many competitors, Ellipsis Labs emphasizes sustainable solutions and has a strong in-person culture, fostering a dedicated team that is mission-oriented. The company's goal is to provide a reliable platform for trading while generating revenue through transaction fees and other financial services.

Company Stage

Series A

Total Funding

$46.3M

Headquarters

New York City, New York

Founded

2022

Growth & Insights
Headcount

6 month growth

125%

1 year growth

800%

2 year growth

800%
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Simplify's Take

What believers are saying

  • The recent $20M Series A funding round led by Paradigm will significantly accelerate the development and adoption of Phoenix, potentially making it a leading DEX on Solana.
  • Ellipsis Labs' focus on Solana, known for its high throughput and low transaction costs, positions it well to capture a growing market segment in the DeFi space.
  • Early investments from reputable firms like Electric Capital and Robot Ventures indicate strong market confidence and provide a solid foundation for future growth.

What critics are saying

  • The DeFi space is highly competitive, and Ellipsis Labs must continuously innovate to maintain its edge over other DEX platforms.
  • Reliance on the Solana blockchain exposes Ellipsis Labs to risks associated with Solana's network performance and potential vulnerabilities.

What makes Ellipsis Labs unique

  • Ellipsis Labs focuses on developing decentralized exchanges (DEX) on the Solana blockchain, setting it apart from competitors who may focus on Ethereum or other blockchains.
  • The company's flagship product, Phoenix, is a decentralized limit orderbook DEX, which offers a unique trading experience compared to automated market maker (AMM) models prevalent in the DeFi space.
  • Strong backing from prominent investors like Paradigm and Electric Capital provides Ellipsis Labs with significant financial and strategic advantages over less-funded competitors.

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