InformationTVLStablecoin Info

Elixir (ELX)

Total Value Locked$166m

TVL by Chain

Ethereum$159.77m

Sei$6.24m

Arbitrum$0

Key Metrics

Market Cap$56.88m

$ELX Price$0.22

All Time High$0.74

All Time Low$0.074

Fully Diluted Valuation$219.38m

$ELX Volume 24h$70.77m

CEX Volume$55.81m

DEX Volume$15.16m(21.43% of total)

Total Raised$17.6m

Jan 17, 2023$2.1mRound: SeedInvestors: FalconX, OP Crypto, Chapter One, Arthur Hayes, MH VenturesSource: https://www.theblock.co/post/202510/falconx-bitmex-founder-hayes-invest-in-market-maker-elixir-amid-dearth-of-providers

Oct 18, 2023$7.5mRound: Series AInvestors: Hack VC, NGC Ventures, Angellist Ventures, Bloccelerate, Ledger Prime, Genesis Trading, Hudson River TradingSource: https://x.com/TheBlock__/status/1714636211459920183

Mar 12, 2024$8mRound: Series BInvestors: Mysten Labs, Maelstrom , Arthur Hayes, Manifold, GSR, Amber Group, FlowdeskSource: https://x.com/elixir/status/1767537221748326752

Protocol Information

The Elixir network is a new primitive, purpose-built to power the next generation of institutional liquidity. Elixir powers deUSD – a fully collateralized, yield-bearing synthetic dollar. Elixir is the most widely adopted network by RWAs: exclusively bringing funds from BlackRock, Hamilton Lane, and others to DeFi for the first time through deUSD. The Elixir network is secured by 30,000+ global validators.

Category:Yield

Audits:

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Pendle ($6.46b)Convex Finance ($1.457b)Aura ($411.56m)StakeDAO ($234.85m)Equilibria ($143.52m)Coinwind ($309.63m)Penpie ($137.41m)Stream Finance ($127.82m)VaultCraft ($118.61m)Tokemak ($113.19m)