Ask about Phoenix
Logo of PhoenixPhoenix
Total Value Locked$920,042

TVL by Chain

Solana$920,042

Key Metrics

Fees (Annualized)$453,220
Fees 30d$37,653

Solana$37,653

Fees 7d$6,921

Solana$6,921

Fees 24h$419

Solana$419

Cumulative Fees$14.63m

Solana$14.63m

Revenue (Annualized)$365,106
Revenue 30d$1,104

Solana$1,104

Revenue 7d$170

Solana$170

Revenue 24h$15

Solana$15

Cumulative Revenue$14.55m

Solana$14.55m

DEX Volume 30d$2.96m
DEX Volume 30d by chain

Solana$2.96m

DEX Volume 7d$419,066

Solana$419,066

DEX Volume 24h$57,877

Solana$57,877

Cumulative DEX Volume$75.158b

Solana$75.158b

Perp Volume 30d$79.11m
Perp Volume 30d by chain

Solana$79.11m

Perp Volume 7d$28.06m

Solana$28.06m

Perp Volume 24h$1.95m

Solana$1.95m

Cumulative Perp Volume$832.72m

Solana$832.72m

$7.19m

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 ($828.36m)PancakeSwap AMM V3 ($286.45m)Orca DEX ($238.24m)PumpSwap ($237.97m)Meteora DLMM ($176.58m)Sanctum Infinity ($152.47m)Thorchain DEX ($54.25m)Meteora DAMM V1 ($37.3m)Meteora DAMM V2 ($21.73m)Manifest Trade ($15.72m)

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 $920,042 in total value locked. TVL has decreased 14% 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 $37,653 in fees. Of that, $1,104 was protocol revenue. Based on the trailing year, the annualized rate is $453,220 in fees and $365,106 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 $2.96m in DEX volume over the past 30 days.