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Phoenix

  • Project Status: Live
  • Year Founded: 2022
  • Moderation Status: approved
Phoenix
  • Pricing: Premium
  • Categories: DeFi, DEX, AMM, ,

Phoenix Summary:

Phoenix is a high-performance decentralized order book on Solana, designed for speed, efficiency, and transparency. It offers ultra-low fees, instant settlements, and a fully transparent trading environment, making it ideal for active traders and liquidity providers.

Phoenix Description:

Phoenix (developed by Ellipsis Labs) is an advanced decentralized limit order book (LOB) on the Solana blockchain, optimized for speed, efficiency, and transparency.

By leveraging Solana’s high-performance capabilities, Phoenix aims to set new standards in the DeFi space, offering traders a seamless experience with instant settlements and low transaction costs.

Its design focuses on providing a composable liquidity hub, allowing developers to build on and utilize the liquidity efficiently.

Phoenix’s primary features include:

1. High-Speed Trading:

Phoenix facilitates on-chain trades with an average block time of 0.5 seconds, ensuring fast order execution.

2. Instant Settlement:

With its crankless design, Phoenix allows immediate availability of funds post-trade, enhancing the trading experience.

3. Transparent and Trustless:

The platform is fully non-custodial and operates with a verified open-source code, ensuring complete transparency and security for users.

With its innovative design and commitment to decentralization, Phoenix is poised to redefine the DeFi trading experience on Solana.

Phoenix Pros:

1. Ultra-Low Fees: With protocol fees as low as 0.01% per trade and network fees at $0.0002 per transaction, Phoenix offers one of the most cost-effective trading environments.

2. Speed and Efficiency: Trades on Phoenix are confirmed on-chain within 0.5 seconds, making it one of the fastest decentralized exchanges.

3. Full Transparency: All market events and data are written on-chain, allowing easy access to live and historical market states.

Phoenix Cons:

1. Dependency on Solana: The platform's performance hinges on Solana’s network stability, which could pose risks during network congestion or downtimes.

2. Initial Complexity: New users may find it challenging to navigate the decentralized order book model compared to traditional DEXs.

Phoenix Use Case:

1. Active Traders: Engage in high-speed, low-cost trading with instant settlements and minimal latency.

2. Liquidity Providers: Provide liquidity and earn trading fees efficiently on a decentralized limit order book.

3. DeFi Developers: Integrate Phoenix’s liquidity and fast trading capabilities into various DeFi applications.

Phoenix Team Details:

1. Eugene Chen - https://www.linkedin.com/in/eugene-chen-a4940880/

2. Jarry Xiao - https://x.com/jarxiao

Learn more about Phoenix (Ellipsis Labs) Team - https://x.com/ellipsis_labs | https://www.linkedin.com/company/ellipsis-labs/people/

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Phoenix Users Ratings & Reviews:

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Blockchain:

Solana

Phoenix Governance:

Non-DAO

Keyword:

Solana, DeFi, DEX, order book, high-speed trading, low fees, instant settlement, transparent

Phoenix Tokenomic:

Does Phoenix have Token:NoPhoenix Token Ticker:

Phoenix NFT Collection:

Does Phoenix have NFT Collection:NoPhoenix NFT Collection link not available

Phoenix Website:

Website

Phoenix Social Media:

TwitterDiscordPhoenix Telegram link not availablePhoenix Youtube link not availablePhoenix Linkedin link not available

Phoenix Roadmap:

Phoenix Roadmap link not available

Phoenix Whitepaper:

Phoenix Whitepaper link not available

Phoenix GitHub:

Phoenix Source Code Accessibility:Open SourceGitHub

Phoenix Documentation:

DocumentationPhoenix FAQs link not available

Contact Phoenix Support:

Phoenix Support Website link not availablePhoenix Support Live Chat link not availableSupport EmailSupport DiscordPhoenix Support X (Twitter) link not availablePhoenix Support Telegram link not available

Download Phoenix dApp:

Phoenix Solana dApp Store link not available

Download Phoenix App:

Phoenix Android (Google Play Store) link not availablePhoenix Apple iOS (App Store) link not availablePhoenix Chrome Extension link not availablePhoenix Download Website link not available

Phoenix Bounty:

Phoenix Bug Bounty / General Bounty link not available

Phoenix Grants:

Phoenix Grants link not available

Phoenix Jobs / Careers Opportunities:

Phoenix Jobs/Careers Opportunities link not available