Elixir ELX

1. Summary

Ranks

Liquidity

-

Developer

-

Social

77

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000000000 0.0%

Market Cap

$ (#29851)

Supply

/

Tags

Injective Ecosystem

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Price
All Time High (ATH) Date	16th Oct 2024 (4 months ago)
All Time Low (ATL) Date	16th Oct 2024 (4 months ago)

Supply & Trading Volume

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Description

Elixir is a decentralized protocol designed to revolutionize market making. This trustless and fully composable protocol empowers anyone to participate in active market making on both centralized and decentralized exchanges. By supporting white label native exchange integrations, Elixir unlocks retail liquidity for algorithmic market making, allowi...

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Elixir is a decentralized protocol designed to revolutionize market making. This trustless and fully composable protocol empowers anyone to participate in active market making on both centralized and decentralized exchanges. By supporting white label native exchange integrations, Elixir unlocks retail liquidity for algorithmic market making, allowing targeted liquidity provisioning on both central limit orderbooks and concentrated liquidity automated market makers (AMMs) while providing a seamless platform for retail DeFi users to deploy active liquidity across various exchanges.

Launched in February 2022, Elixir has received backing from notable investors like Kucoin, Quantstamp, Avalanche Ventures, Gate, and Arthur Hayes in its seed round. Looking ahead, the project is planning its mainnet launch and will feature a token, ELXR, which will be utilized for staking and governance purposes.

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