Singapore, Singapore, May 20, 2024, Chainwire
ELFi Protocol, a decentralized derivatives trading platform, has successfully completed two strategic funding rounds, raising a total of $5 million. This is the latest round with lead investments from IDG Capital and KuCoin Ventures. The ELFi protocol has been launched on the Arbitrum testnet and is undergoing public beta testing for Genesis NFTs.
About ELFi
ELFi is a decentralized derivatives trading platform focused on providing best-in-class trading capabilities. It is a pioneer in supporting portfolio margins within the P2Pool model and boasts a sophisticated risk management system for listing contracts at different risk levels. ELFi also introduces an innovative liquidity pool design, offering the industry's first low-risk stablecoin liquidity pool and LSD re-collateralized liquidity pool. We are working to better meet market and user needs with features such as risk isolation, asset pricing, and LST asset support.
contact
Tony
ELFi Protocol
(email protected)
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