Elixir Network is a modular DPoS blockchain designed to enhance liquidity across orderbook exchanges by enabling users to deploy trustless liquidity to various trading pairs. This technology addresses the reliance on centralized firms for deep liquidity, allowing exchanges to access organic yield and improve orderbook depth.
Funding
$8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+1Founders
Product
Problem
Orderbook exchanges often rely on centralized entities to provide sufficient liquidity, which can be inefficient and create single points of failure. This reliance limits access to organic yield for users and can hinder the depth and robustness of order books.
Solution
Elixir Network is a modular Delegated Proof-of-Stake (DPoS) blockchain designed to enhance liquidity across orderbook exchanges by enabling users to deploy liquidity trustlessly to various trading pairs. The network allows exchanges to access organic yield, improving orderbook depth and unlocking new avenues for innovation. By providing a decentralized infrastructure for liquidity provision, Elixir Network aims to reduce dependency on centralized intermediaries and foster a more efficient and transparent DeFi ecosystem. The Elixir Network also powers deUSD, a fully collateralized, yield-bearing synthetic dollar.
Target Audience
The primary target audience includes orderbook exchanges seeking to enhance liquidity, DeFi users looking for organic yield opportunities, and developers building decentralized financial applications.
Features
- Modular DPoS network optimized for orderbook liquidity
- Support for trustless liquidity deployment to trading pairs
- Native integration with exchanges like Vertex, Orderly, and dYdX
- Powers Vertex Fusion and VLP for delta-neutral liquidity
- Powers Orderly Quantum, enabling retail liquidity provision
- Facilitates permissionless market creation on dYdX V4
- High transaction throughput (384 TPS) and fast block times (0.90 seconds)