Logo of PhoenixPhoenix
Total Value Locked$950,877

TVL by Chain

Solana$950,877

Key Metrics

Fees (Annualized)$798,870.18
Fees 30d$258,538.18

Solana$258,538.18

Fees 7d$71,815.78

Solana$71,815.78

Fees 24h$20,048

Solana$20,048

Cumulative Fees$15.04m

Solana$15.04m

Revenue (Annualized)$308,793.18
Revenue 30d$476.18

Solana$476.18

Revenue 7d$11.78

Solana$11.78

Revenue 24h$0

Solana$0

Cumulative Revenue$14.55m

Solana$14.55m

DEX Volume 30d$1.1m
DEX Volume 30d by chain

Solana$1.1m

DEX Volume 7d$51,252

Solana$51,252

DEX Volume 24h$21,945

Solana$21,945

Cumulative DEX Volume$75.159b

Solana$75.159b

Perp Volume 30d$1.074b
Perp Volume 30d by chain

Solana$1.074b

Perp Volume 7d$274.62m

Solana$274.62m

Perp Volume 24h$73.43m

Solana$73.43m

Cumulative Perp Volume$2.002b

Solana$2.002b

$21.26m

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.

Categories:DexsDerivatives
Products:
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

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 $950,877 in total value locked. TVL has increased 0.6% 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 $258,538.18 in fees. Of that, $476.18 was protocol revenue. Based on the trailing year, the annualized rate is $798,870.18 in fees and $308,793.18 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 $1.1m in DEX volume over the past 30 days.