On-chain activity
Verifiable Build CLI
This tool allows developers to verify that public source code matches on-chain deployments, enhancing ecosystem security through trustless verification. With the goal of promoting transparency and security in the Solana ecosystem.
Phoenix DEX
Phoenix is an on-chain orderbook DEX built on the Solana blockchain that enables extremely fast and low-cost trading without the need for asynchronous cranks
Ellipsis Labs news, features & analysis
Matched from published articles, podcasts, and talks using the project name, token name, or token symbol.
-
Phoenix Trade Hits $8.8M Open Interest All-Time High on DeFiLlama, Up ~5,000x in One Month
Phoenix Trade perp open interest hit an $8.8M all-time high on DeFiLlama, roughly 5,000x from one month ago. Solana stock perps OI hit $7M ATH with SPCX at 81%.
-
Phoenix Trade Adds Google, Tesla, and Micron to Its On-Chain Equities Markets With Up to 20x Leverage
Phoenix is built by Ellipsis Labs, which has shipped the exchange in iterative stages: spot order book first, then the perpetuals layer announced at Breakpoint 2025 as Phoenix Perpetuals, then mobile browser support in June 2026.
-
Ellipsis Labs Announces Phoenix Perpetuals: Bringing Institutional-Grade Derivatives to Solana
At Breakpoint 2025, Ellipsis Labs CEO Eugene Chen announced Phoenix Perpetuals, a fully on-chain perpetual exchange that aims to cut trading costs by up to two-thirds compared to existing Solana perpetual platforms—bringing on-chain trading costs to parity with giants like Binance. ... Ellipsis Labs has been quietly building some of Solana's most impactful trading infrastructure, and their track record speaks volumes.
-
How To Improve Solana's Market Structure | Eugene Chen
At the center of this evolution stands Eugene Chen, co-founder of Ellipsis Labs, whose work on Phoenix, Atlas, and the recently revealed SolFi is reshaping how liquidity functions on Solana. ... The Evolution of Ellipsis Labs
-
Scale or Die at Accelerate 2025: Atlas: Verifiable Finance At Scale
Ellipsis Labs unveils Atlas, a groundbreaking implementation of the Solana Virtual Machine that promises to revolutionize scalability in decentralized finance. ... Jarry Xiao, co-founder of Ellipsis Labs, presented a compelling overview of Atlas, a new implementation of the Solana Virtual Machine (SVM) designed to address key scalability challenges.
-
Level Up. Go Crankless. w/ Jarry Xiao (Ellipsis Labs)
One project that's been making waves in the Solana ecosystem is Phoenix, a groundbreaking on-chain order book developed by Ellipsis Labs. ... In a recent episode of the Validated podcast, host Austin sat down with Jarry Xiao from Ellipsis Labs to discuss the intricacies of Phoenix and its potential to reshape the DeFi landscape.
-
Solana's Local Fee Markets Aren't Real | Eugene Chen
In a recent episode of the Lightspeed podcast, Eugene Chen, co-founder of Ellipsis Labs, Phoenix Protocol, and Umbra Research, delved deep into the intricacies of Solana's transaction processing and fee structure. ... Ellipsis Labs and Phoenix Protocol: Innovating on Solana
-
Breakpoint 2023: DeFi is Broken. How to Fix It on Solana
Summary At Breakpoint 2023, Ellipsis Labs co-founder Eugene Chen provided an insightful critique of the current state of decentralized finance (DeFi), which he believes is broken and in need of substantial fixes. ... Facts + Figures - Eugene Chen works at Ellipsis Labs and is a core contributor to Phoenix, an order book DEX on Solana.
Ellipsis Labs
Contents
Solana Token Markets
