Ask about Phoenix
Logo of Phoenix

Phoenix

Total Value Locked$24.78m

TVL by Chain

Solana$24.78m

Key Metrics

Fees 30d$305,560
Fees 30d by chain

Solana$305,560

Fees 7d$66,871

Solana$66,871

Fees 24h$12,464

Solana$12,464

Cumulative Fees$15.56m

Solana$15.56m

Revenue 30d$49.56
Revenue 30d by chain

Solana$49.56

Revenue 7d$2.88

Solana$2.88

Revenue 24h$0.65

Solana$0.65

Cumulative Revenue$14.55m

Solana$14.55m

DEX Volume 30d$503,121
DEX Volume 30d by chain

Solana$503,121

DEX Volume 7d$182,327

Solana$182,327

DEX Volume 24h$116,174

Solana$116,174

Cumulative DEX Volume$75.159b

Solana$75.159b

Perp Volume 30d$1.228b
Perp Volume 30d by chain

Solana$1.228b

Perp Volume 7d$263.77m

Solana$263.77m

Perp Volume 24h$52.47m

Solana$52.47m

Cumulative Perp Volume$4.059b

Solana$4.059b

Open Interest$24.22m

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

Loading chart...

Protocol Information

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

WebsiteGitHubX/Twitter
Categories:DerivativesDexs
Products:

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

User Activity

Active Addresses (24h)16

Transactions (24h)50

Frequently asked questions

What is Phoenix's TVL?

Phoenix currently has $24.78m in total value locked. TVL has increased 2,326.1% 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 $305,560 in fees. Of that, $49.56 was protocol revenue. Based on the trailing year, the annualized rate is $1.21m in fees and $195,718 in revenue.

Which protocols are included in Phoenix?

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

How much trading volume does Phoenix process?

Phoenix processed $503,121 in DEX volume over the past 30 days.