Ask about Phoenix
Logo of PhoenixPhoenix
Total Value Locked$912,746

TVL by Chain

Solana$912,746

Key Metrics

Fees (Annualized)$663,980.82
Fees 30d$110,409.82

Solana$110,409.82

Fees 7d$72,082.87

Solana$72,082.87

Fees 24h$10,875

Solana$10,875

Cumulative Fees$14.87m

Solana$14.87m

Revenue (Annualized)$338,266.82
Revenue 30d$917.82

Solana$917.82

Revenue 7d$212.87

Solana$212.87

Revenue 24h$12

Solana$12

Cumulative Revenue$14.55m

Solana$14.55m

DEX Volume 30d$2.29m
DEX Volume 30d by chain

Solana$2.29m

DEX Volume 7d$466,816

Solana$466,816

DEX Volume 24h$22,743

Solana$22,743

Cumulative DEX Volume$75.158b

Solana$75.158b

Perp Volume 30d$491.31m
Perp Volume 30d by chain

Solana$491.31m

Perp Volume 7d$322.75m

Solana$322.75m

Perp Volume 24h$44.47m

Solana$44.47m

Cumulative Perp Volume$1.356b

Solana$1.356b

$18.92m

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.

Category:Dexs

WebsiteGitHubTwitter

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

Competitors

Raydium AMM ($814.25m)PancakeSwap AMM V3 ($289.4m)PumpSwap ($241.87m)Orca DEX ($239.75m)Meteora DLMM ($174.91m)Sanctum Infinity ($150.65m)THORChain DEX ($55.31m)Meteora DAMM V1 ($36.78m)Meteora DAMM V2 ($21.16m)Manifest Trade ($15.41m)

Frequently Asked Questions

What is Phoenix?

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

What is Phoenix's TVL?

Phoenix currently has $912,746 in total value locked. TVL has decreased 15.7% 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 $110,409.82 in fees. Of that, $917.82 was protocol revenue. Based on the trailing year, the annualized rate is $663,980.82 in fees and $338,266.82 in revenue.

Which protocols are included in Phoenix?

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

How much trading volume does Phoenix process?

Phoenix processed $2.29m in DEX volume over the past 30 days.