Ellipsis Labs

About Ellipsis Labs

Ellipsis Labs develops a fully on-chain limit orderbook decentralized exchange, Phoenix, on the Solana blockchain, which enhances capital efficiency and verifiability in trading. Their Atlas Layer 2 blockchain enables high-performance decentralized finance applications, addressing the need for transparency and security in financial transactions.

```xml <problem> Existing decentralized exchanges (DEXs) often lack the capital efficiency and transparency of traditional finance, while also struggling to achieve the performance necessary for sophisticated DeFi applications. The need for verifiable and high-performance infrastructure limits the potential for broader adoption of decentralized finance. </problem> <solution> Ellipsis Labs develops Phoenix, a fully on-chain limit orderbook DEX on Solana, combining the capital efficiency of traditional order books with the verifiability of DeFi. To further enhance performance, they built Atlas, a Layer 2 blockchain designed for verifiable finance, enabling high-throughput DeFi applications with Solana-like speed at Ethereum scale. Ellipsis Labs contributes to open-source DeFi research and provides tools like the Verifiable Build CLI to ensure the integrity of on-chain deployments. </solution> <features> - Phoenix: A fully on-chain limit orderbook DEX on Solana. - Atlas: A Layer 2 blockchain for verifiable finance, optimized for high-performance DeFi. - Verifiable Build CLI: A tool for verifying that public source code matches on-chain deployments. - Focus on capital efficiency and transparency in decentralized trading. - Open-source contributions to DeFi research through Umbra Research. </features> <target_audience> The primary audience includes DeFi traders, developers, and institutions seeking a transparent, efficient, and high-performance platform for decentralized financial applications. </target_audience> ```

What does Ellipsis Labs do?

Ellipsis Labs develops a fully on-chain limit orderbook decentralized exchange, Phoenix, on the Solana blockchain, which enhances capital efficiency and verifiability in trading. Their Atlas Layer 2 blockchain enables high-performance decentralized finance applications, addressing the need for transparency and security in financial transactions.

Where is Ellipsis Labs located?

Ellipsis Labs is based in East New York, United States.

When was Ellipsis Labs founded?

Ellipsis Labs was founded in 2022.

How much funding has Ellipsis Labs raised?

Ellipsis Labs has raised 47330000.

Location
East New York, United States
Founded
2022
Funding
47330000
Employees
11 employees
Major Investors
Haun Ventures
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Ellipsis Labs

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Ellipsis Labs develops a fully on-chain limit orderbook decentralized exchange, Phoenix, on the Solana blockchain, which enhances capital efficiency and verifiability in trading. Their Atlas Layer 2 blockchain enables high-performance decentralized finance applications, addressing the need for transparency and security in financial transactions.

ellipsislabs.xyz700+
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Crunchbase
Founded 2022 – East New York, United States

Funding

$

Estimated Funding

$47.3M+

Major Investors

Haun Ventures

Team (10+)

Amrit Ayalur

Ellipsis Labs

Eugene Chen

Ellipsis Labs

Ray Zhang

Builder

Company Description

Problem

Existing decentralized exchanges (DEXs) often lack the capital efficiency and transparency of traditional finance, while also struggling to achieve the performance necessary for sophisticated DeFi applications. The need for verifiable and high-performance infrastructure limits the potential for broader adoption of decentralized finance.

Solution

Ellipsis Labs develops Phoenix, a fully on-chain limit orderbook DEX on Solana, combining the capital efficiency of traditional order books with the verifiability of DeFi. To further enhance performance, they built Atlas, a Layer 2 blockchain designed for verifiable finance, enabling high-throughput DeFi applications with Solana-like speed at Ethereum scale. Ellipsis Labs contributes to open-source DeFi research and provides tools like the Verifiable Build CLI to ensure the integrity of on-chain deployments.

Features

Phoenix: A fully on-chain limit orderbook DEX on Solana.

Atlas: A Layer 2 blockchain for verifiable finance, optimized for high-performance DeFi.

Verifiable Build CLI: A tool for verifying that public source code matches on-chain deployments.

Focus on capital efficiency and transparency in decentralized trading.

Open-source contributions to DeFi research through Umbra Research.

Target Audience

The primary audience includes DeFi traders, developers, and institutions seeking a transparent, efficient, and high-performance platform for decentralized financial applications.