Elixir Finance $ELX is a DeFi project enabling institutional liquidity with RWAs and a yield-bearing synthetic dollar, deUSD. More
| Fully Diluted Valuation | $174.78M |
|---|---|
| 24H Trading Volume | $11.64M |
| 24H Low / High | $0.17 / $ 0.18 |
| Circulating Supply | 259.27 M |
| Total Supply | 1.00 B |
| Max Supply | 1.00 B |
| Categories | Decentralized Finance (DeFi) 4 more |
|---|---|
| Founder | Anonymous |
| Website | elixir.xyz Whitepaper |
| Socials | 2 more |
| Chains | Ethereum Ecosystem |
| Explorer | Etherscan 1 more |
| Contracts | 0x89a....77da7 |
| Name | Pair | OG Score |
|---|
Elixir Finance $ELX is a cutting-edge blockchain network designed to redefine institutional liquidity within the decentralized finance (DeFi) sector. At its core, Elixir Finance $ELX facilitates seamless integration of real-world assets (RWAs) into DeFi through its native synthetic dollar, deUSD. This fully collateralized and yield-bearing currency acts as a bridge, enabling access to DeFi ecosystems without altering the original asset exposure.
Elixir Finance $ELX boasts a secure infrastructure with over 30,000 global validators, ensuring reliability and scalability. By partnering with leading institutional players like BlackRock, Hamilton Lane, and Apollo, Elixir Finance $ELX emerges as a pioneer in integrating traditional finance into the crypto economy.
Key Features
deUSD Synthetic Dollar: A fully collateralized currency exclusively used to provide RWA assets with on-chain composability.
Institutional Integration: Offers a seamless gateway for assets from top-tier finance institutions like BlackRock and Hamilton Lane to enter the DeFi ecosystem.
High-Throughput Infrastructure: Powers infrastructure for over 30 decentralized trading venues, enhancing liquidity and trading efficiency.
Security and Scalability: Backed by 30,000+ global validators, ensuring a robust and secure network.
Use Cases
Elixir Finance $ELX’s applications extend across various domains in the blockchain and DeFi space. With its innovative approach, the project facilitates:
Institutional DeFi Accessibility: Through deUSD, enabling institutional assets to natively engage in DeFi protocols.
Enhanced Liquidity Solutions: Enhances trading pair liquidity for decentralized exchanges through its high-performance network.
Synthetic Dollar Innovations: Introduces a new financial primitive for stable yield-bearing dollar exposure.
Founders, Backers, and Partners
Elixir Finance $ELX is exclusively integrated with fund issuers like Securitize, making deUSD the default currency for their asset holders. Its backing from institutions such as BlackRock, Hamilton Lane, and others validates its potential to revolutionize the DeFi landscape. Moreover, its partnerships extend to numerous decentralized exchanges and trading venues, reflecting its widespread adoption and influence.
Conclusion
Elixir Finance $ELX is setting a new standard for institutional liquidity and RWA integration into DeFi. With its innovative deUSD currency, high-throughput infrastructure, and strong institutional backing, the project is poised to bring unparalleled advancements to the decentralized finance ecosystem.
Elixir Finance $ELX uniquely bridges real-world assets (RWAs) into DeFi using its fully collateralized synthetic dollar, deUSD.
The founders are anonymous.
Elixir Finance $ELX is backed by institutions like BlackRock, Hamilton Lane, Apollo, and integrated with issuers like Securitize.
