DeFi protocol Elixir announced the completion of an $8 million Series B round of financing. Mysten Labs and Maelstrom co-led the investment, with participation from Manifold, Arthur Hayes, Amber Group, GSR, Flowdesk, etc.
It is reported that Elixir allows users to provide liquidity directly to trading pairs on order book exchanges and receive market maker rewards similar to AMM. Its network supports a large amount of liquidity from exchanges such as Vertex, Bluefin, RabbitX, and will cooperate with dYdX and dYdX. Integration with platforms such as ApeX. (Crypto.news)
It was reported in October last year that Elixir completed a US$7.5 million Series A financing at a US$100 million valuation, led by Hack VC, with participation from NGC Ventures, AngelList Ventures, Bloccelerate and angel investors from Ledger Prime, Genesis Trading and Hudson River Trading. .