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Description

Establishing a robust liquidity framework for decentralized finance (DeFi) is essential. The advent of high throughput blockchains has paved the way for innovative financial structures. Ellipsis Labs is developing Phoenix, a fully on-chain, decentralized limit order book on Solana that operates in a non-custodial and crankless manner. Serving as a composable liquidity hub, it acts as a public asset beneficial to the entire DeFi ecosystem. This allows developers to create additional on-chain applications that can either contribute liquidity to or withdraw liquidity from this central liquidity source. Automated Market Makers (AMMs) often depend on unsustainable liquidity incentives or force retail liquidity providers to incur losses continuously. With Solana's capabilities of high throughput, rapid block times, and minimal transaction fees, decentralized exchanges (DEXs) on this platform can facilitate effective liquidity provisioning. As a result, professional market makers can offer tighter and more substantial liquidity while maintaining profitability and sustainability. One of the key features of Phoenix is its instant trade settlement, eliminating the need for an asynchronous crank, a common requirement for existing order books on Solana. This innovation positions Phoenix as a game-changer in the landscape of decentralized trading.

Description

Founded in 1981, Phoenix Systems is a fintech software development firm that stands out as a trusted partner in delivering reliable, adaptable, and cost-efficient software solutions specifically for the global financial services sector. Our comprehensive software offerings encompass mutual fund transfer agent and shareholder recordkeeping, mutual fund sub-accounting, mutual fund trading, as well as settlement and reconciliation services. As a highly experienced developer in the fintech space, we create impactful solutions designed to cater to the distinct requirements of your business. All of our products are modular and built on a rules-based framework, enabling rapid adjustments to meet changing client needs. With an impressive clientele featuring top-tier global financial institutions, Phoenix Systems has established a solid reputation for successfully delivering intricate software solutions tailored for the financial services industry, ensuring client satisfaction and innovation in every project we undertake. We are committed to ongoing development, ensuring our solutions remain at the forefront of industry advancements.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

Rust Yes 
Solana Yes 
TypeScript Yes 

Integrations

Rust No 
Solana No 
TypeScript No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Ellipsis Labs

Website

ellipsislabs.xyz/

Vendor Details

Company Name

Phoenix Systems

Founded

1981

Country

United States

Website

www.phoenix-systems-inc.com

Product Features

Product Features

Alternatives

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