Phoenix Finance is a decentralized derivatives marketplace that offers a wide variety of options for users to hedge or leverage BTC, ETC, and ERC20 tokens. It also provides liquidity mining opportunities for users to earn PHX rewards by providing liquidity to the Phoenix Finance Protocol of Options. Phoenix Finance has a decentralized leverage token that allows users to take on leveraged positions without the need to manage margin trading issues. The company offers analytics, documentation, governance tools, a blog, and a decentralized application (DApp) for users to access its products and services.