ELFi Protocol Project Introduction, Team, Financing and News

Performances

RD Popularity Index

3425.93% (24h)

0100200300400500

Project Rank: 1835/15431

RD Growth Index

1130.93% (24h)

0400800120016002000

Project Rank: 4488/15431

Comparison

Event Calendar

May 20, 2024

ELFi Protocol raised $ 5 M in funding round

Aug 15, 2024

ELFi Protocol launches on the mainnet

Fundraising

LeadKKucoin Ventures LeadIIDG Capital

Round	Amount	Valuation	Date	Source	Investor
--	$ 5M	--	May 20, 2024	--	IIDG Capital KKucoin Ventures

Follow Updates

Follow Lists

People

About ELFi Protocol

Details

ELFi Protocol is a decentralized derivatives trading platform deployed on Arbitrum and Base. It supports perpetual contracts for a variety of digital assets including BTC, ETH, and MEME tokens, and allows users to provide liquidity using a single asset such as ETH, without requiring dual-token or LP token setups. The platform employs the ELP liquidity architecture, offering stablecoin yield products and high-yield products linked to non-stablecoins. Its core mechanisms include portfolio margining and cross-margin, enabling account-level risk management where profits and losses across positions can offset each other, achieving zero-slippage trading and reducing overall trading costs. The on-chain contracts use the Diamond model, combined with an off-chain oracle and Keeper bot for two-phase commits and liquidation tasks.

Tags:

DeFi

Derivatives

Ecosystem(1):

Arbitrum

Founded:

2023

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