Ellipsis Labs builds decentralized finance products with a focus on orderbook-based trading on the Solana blockchain. Its Phoenix protocol runs an on-chain orderbook and matching engine to power a spot exchange where users place buy and sell orders that are executed and settled on-chain. Revenue comes from transaction fees and related financial services, using Solana’s fast network for quick trade execution. The company differentiates itself with a stable, long-term approach and a mission-driven, in-person culture, aiming to offer scalable, professional-grade trading tools on Solana.
Company Size
11-50
Company Stage
Series A
Total Funding
$44.3M
Headquarters
New York City, New York
Founded
2022
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