Ellipsis Labs

Ellipsis Labs is a venture-backed cryptocurrency company based in New York, founded in September 2022. The company focuses on decentralized finance (DeFi) infrastructure and applications, aiming to enhance traditional financial systems with improved security, scalability, and speed. Ellipsis Labs has raised a total of $44.4 million in funding, with its latest round bringing in $21 million.

The company offers several innovative products, including Phoenix Legacy, a decentralized spot exchange on the Solana blockchain; Phoenix Perps, a perpetual futures trading platform; Atlas, a Layer 2 blockchain for high-performance DeFi applications; and Gavel, a platform for token distribution and liquidity bootstrapping. Phoenix serves as the leading orderbook spot exchange on Solana, recognized for its competitive pricing and deep understanding of the market structure. Ellipsis Labs also contributes to the open-source ecosystem and collaborates on DeFi research initiatives.