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Phoenix

Total Value Locked$24.5m

TVL by Chain

Solana$24.5m

Key Metrics

Fees 30d$296,635
Fees 30d by chain

Solana$296,635

Fees 7d$73,684

Solana$73,684

Fees 24h$16,479

Solana$16,479

Cumulative Fees$15.51m

Solana$15.51m

Revenue 30d$55.63
Revenue 30d by chain

Solana$55.63

Revenue 7d$7.76

Solana$7.76

Revenue 24h$0.75

Solana$0.75

Cumulative Revenue$14.55m

Solana$14.55m

DEX Volume 30d$372,537
DEX Volume 30d by chain

Solana$372,537

DEX Volume 7d$38,035

Solana$38,035

DEX Volume 24h$3,747

Solana$3,747

Cumulative DEX Volume$75.159b

Solana$75.159b

Perp Volume 30d$1.191b
Perp Volume 30d by chain

Solana$1.191b

Perp Volume 7d$301.38m

Solana$301.38m

Perp Volume 24h$67.35m

Solana$67.35m

Cumulative Perp Volume$3.865b

Solana$3.865b

$24.56m

Total Raised$44.3m

Aug 17, 2023$3.3mRound: SeedInvestors: Electric Capital, Robot Ventures, Anatoly Yakovenko, Anagram, Keone

Apr 4, 2024$20mRound: Series AInvestors: Paradigm, Electric Capital, Anatoly Yakovenko, Justin Drake, Mike Neuder, Sreeram Kannan, Ansem, 0xMert, Uri Klarman, Cobie, Doug Colkitt

Oct 31, 2024$21mRound: Investors: Haun Ventures

Protocol Information

Phoenix is a decentralized limit order book on Solana that is fully on-chain, non-custodial, and crankless.

WebsiteGitHubX/Twitter
Categories:DerivativesDexs
Products:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Phoenix Spot - Trading fees collected by Phoenix from user transactions on Solana.View code on GitHubPhoenix Perp - Trading fees paid by users on perpetual positions.View code on GitHub

Revenue:

Phoenix Spot - All collected trading fees are considered protocol revenue.View code on GitHubPhoenix Perp - Treasury and token holders revenueView code on GitHub

DEX Volume: Volume of all spot token swaps on the DEX

Perp Volume: Notional volume of all trades including leverage on the perp exchange

User Activity

Active Addresses (24h)13

Transactions (24h)21

Frequently Asked Questions

What is Phoenix's TVL?

Phoenix currently has $24.5m in total value locked. TVL has increased 2,299.6% over the past 30 days.

What chains does Phoenix operate on?

Phoenix operates on Solana. Solana holds the largest share at 100%.

How much has Phoenix generated in fees and revenue?

Over the past 30 days, Phoenix generated $296,635 in fees. Of that, $55.63 was protocol revenue. Based on the trailing year, the annualized rate is $1.18m in fees and $216,961 in revenue.

Which protocols are included in Phoenix?

Phoenix is a parent protocol whose tracked products include Phoenix Perp and Phoenix Spot.

How much trading volume does Phoenix process?

Phoenix processed $372,537 in DEX volume over the past 30 days.