Suspected wash trading on ELFi Protocol, volumes may be inflated.

InformationTVLPerp Volume

ELFi Protocol

Total Value Locked$5.49m

TVL by Chain

Arbitrum$4.67m

Base$827,289

Key Metrics

Perp Volume 30d$4.837b

Perp Volume 7d$1.233b

Perp Volume 24h$134.97m

Cumulative Perp Volume$19.471b

Protocol Information

ELFi Protocol stands out in the DeFi space with its innovative ELP liquidity architecture, offering stablecoin yield products with highly competitive rates and high-yield products linked to non-stablecoins. As the first platform to integrate portfolio margining and pooled trading, ELFi enables zero-slippage trading and advanced risk management at the account level.

Category:Derivatives

Audits:

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubPerp Volume: Notional volume of all trades in the protocol, includes leverageView code on GitHub

Competitors

Derive V2 ($63.97m)Synthetix V3 ($50.35m)Apex Omni ($37.44m)Aevo Perps ($22.23m)Gains Network ($22.16m)GMX V2 Perps ($247.74m)Avantis ($91.19m)Ostium ($81.75m)MYX Finance ($19.65m)Wasabi ($16.14m)