Elixir is focused on developing a decentralized finance protocol for liquidity provisioning. Their primary service involves facilitating market making across both centralized and decentralized exchanges. Elixir supports most API-based central limit orderbooks (CLOBs), enabling projects and venues to build algorithmically deployed liquidity on orderbook pairs. This service aims to significantly reduce the costs associated with sourcing liquidity for exchange pairs. Furthermore, their protocol is designed to enable projects to incentivize liquidity and algorithmic market making
Number of investors
221st Round
Jan 17, 2023
Last Round
Mar 12, 2024