Ask about ELFi Protocol

Logo of ELFi ProtocolELFi Protocol

Total Value Locked$1.47m

TVL by Chain

Base$1.33m

Arbitrum$143,048

Key Metrics

Total Raised$5m

May 21, 2024$5mRound: StrategicInvestors: IDG Capital, KuCoin Ventures

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.

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Category:Derivatives

Audits:

Methodology

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

Competitors

Apex Omni ($31.09m)Aevo Perps ($15.25m)Contango V2 ($12.31m)Gains Network ($8.44m)SYMMIO ($2.09m)IPOR Derivatives ($498,497)Derive V2 ($483,598)Vest Markets ($297,647)Lynx ($157,510)Mummy Finance ($58,415)

Frequently Asked Questions

What is ELFi Protocol's TVL?

ELFi Protocol currently has $1.47m in total value locked. TVL has decreased 5.8% over the past 30 days.

What chains does ELFi Protocol operate on?

ELFi Protocol operates on 2 chains: Base and Arbitrum. Base holds the largest share at 90.3%.

How does ELFi Protocol's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, ELFi Protocol ranks #48 by TVL. The category holds $2.002b across 422 protocols, and ELFi Protocol accounts for 0.1% of that total. Other leading protocols include Apex Omni, Aevo Perps, Contango V2, Gains Network, SYMMIO, IPOR Derivatives, Derive V2, Vest Markets, Lynx, and Mummy Finance.