Logo of ELFi ProtocolELFi Protocol
Total Value Locked$1.74m

TVL by Chain

Base$1.44m

Arbitrum$298,660.78

Key Metrics

Total Raised$5m

May 21, 2024$5mRound: StrategicInvestors: IDG Capital, KuCoin Ventures

Protocol Information

ELFi Protocol stands out in the DeFi space with its innovative ELP liquidity architecture, offering stablecoin yield products with highly competitive rates and high-yield products linked to non-stablecoins. As the first platform to integrate portfolio margining and pooled trading, ELFi enables zero-slippage trading and advanced risk management at the account level.

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Category:Derivatives

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Derive V2 ($156.69m)Apex Omni ($31.01m)Aevo Perps ($15.6m)Gains Network ($10.3m)Contango V2 ($6.16m)SYMMIO ($2.65m)IPOR Derivatives ($636,858.33)Vest Markets ($503,580.2)Lynx ($193,608.66)Mummy Finance ($54,494.76)

Frequently Asked Questions

What is ELFi Protocol's TVL?

ELFi Protocol currently has $1.74m in total value locked. TVL has increased 10.3% over the past 30 days.

What chains does ELFi Protocol operate on?

ELFi Protocol operates on 2 chains: Arbitrum and Base. Base holds the largest share at 82.9%.

How does ELFi Protocol's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, ELFi Protocol ranks #48 by TVL. The category holds $2.051b across 424 protocols, and ELFi Protocol accounts for 0.1% of that total. Other leading protocols include Derive V2, Apex Omni, Aevo Perps, Gains Network, Contango V2, SYMMIO, IPOR Derivatives, Vest Markets, Lynx, and Mummy Finance.