Ask about ELFi Protocol
Logo of ELFi ProtocolELFi Protocol
Total Value Locked$1.49m

TVL by Chain

Base$1.44m

Arbitrum$54,250.93

Key Metrics

Total Raised$5m

May 21, 2024$5mRound: Strategic Investors: 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.

Category:Derivatives

Audits:

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Methodology

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

Competitors

Derive V2 ($111.81m)Apex Omni ($29.51m)Aevo Perps ($14.69m)Gains Network ($11.06m)Contango V2 ($6.16m)GMX V2 Perps ($172.25m)Avantis ($21.55m)Ostium ($17.86m)Antarctic ($9.73m)MUX Perps ($8.36m)

Frequently Asked Questions

What is ELFi Protocol?

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.

What is ELFi Protocol's TVL?

ELFi Protocol currently has $1.49m in total value locked. TVL has decreased 45.6% over the past 30 days.

What chains does ELFi Protocol operate on?

ELFi Protocol operates on 2 chains: Arbitrum and Base. Base holds the largest share at 96.4%.

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

Among Derivatives protocols tracked by DefiLlama, ELFi Protocol ranks #46 by TVL. The category holds $1.882b across 369 protocols, and ELFi Protocol accounts for 0.1% of that total. Other leading protocols include Jupiter, Hyperliquid, and GMX.