See other companies on Welcome to the Jungle
Ellipsis Labs
Decentralized finance products
- 1-20 employees
- Fintech
- B2C
- B2B
- Financial Services
- SaaS
- Civic Center, New York, NY
Jump to section
Company mission
To build a sustainable DeFi ecosystem.
Our take
In the decentralized finance (DeFi) landscape, there's an increasing demand for efficient, secure, and accessible platforms. The decentralized nature of blockchain technology presents both opportunities and challenges, notably regarding liquidity, efficiency and interoperability.
To tackle this challenge, Ellipsis Labs has developed Phoenix, a decentralized exchange built on the Solana blockchain. Phoenix distinguishes itself by offering an on-chain order book, leveraging Solana's high throughput and low transaction costs. By eliminating the need for a "crank" and providing on-chain market event data, Phoenix enhances trade settlements and transparency, addressing key pain points in DeFi trading.
With recent funding, Ellipsis Labs is well-positioned to further advance its DeFi technology stack and expand its market presence. The substantial funding signifies investor confidence in Ellipsis Labs' vision and capabilities, paving the way for continued innovation and growth.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Equity options
- Unlimited and encouraged PTO
- Health, dental, and vision insurance for employees and their dependents
- Lunch and dinner provided at the office
- Optional, company-paid travel to events and conferences
Funding (last 2 of 3 rounds)
Nov 2024
$21m
SERIES A
Apr 2024
$20m
SERIES A
Total funding: $44.3m
Leadership
Jarry Xiao
(Co-Founder)Graduated from UC Berkeley College of Engineering with a Bachelor's Degree in Electrical Engineering and Computer Science. Previously an Engineer at Solana Labs and Citadel as well as a Quantitative Developer at Edgehog Trading.
Eugene Chen
(Co-Founder)Graduated from the Massachusetts Institute of Technology with a Bachelor's Degree in Mathematics. Previously a Software Engineer at Quip.
Office
Articles
Jobs (6)
Software Engineering
Marketing
People, HR, Recruitment