Phoenix Trade|Fastest On-Chain Order Book in DeFi

Table of Contents

Phoenix Trade

Phoenix is a cutting-edge decentralized exchange (DEX) operating on the Solana blockchain, specializing in limit orders for spot asset trading. The fundamental advantage of Phoenix is its rapid on-chain order book, offering the fastest transaction confirmations in DeFi, with trades settling in just 0.5 seconds.

Phoenix Trade has not announced an Incentive Program yet, but there is a possibility of one in the future.

You will need a Phantom Wallet for trading. Please install it by referring to this article: CryptoTimes 【Useful】Phantom Wallet | Overview and How to Use!

Funding Status

Ellipsis labs, the developer of Phoenix Trading, raised a total of $20M in Series A funding led by Paradigm.

https://x.com/ellipsis_labs/status/1775893411037577482

Airdrop Details

Activity Type

Trading , LP

Airdrop Procedure

Summary of Steps

  1. Go to the App page from the official website

  2. Connect your Wallet

  3. Select the currency pair to trade

  4. Issue the transaction and trade

Detailed Procedure with Images

  1. Go to the App page from the official website

  1. Connect your Wallet

  1. Select the currency pair to trade

  1. Issue the transaction and trade

Disclaimer

  • This article is created for informational purposes only and should not be used to solicit the sale, purchase, or underwriting of cryptocurrencies, securities, or other financial products, nor should it be considered an invitation to engage in such transactions, or constitute financial or investment advice.
  • The information and opinions in this article are obtained from sources that we believe to be reliable, but we do not guarantee their accuracy, completeness, suitability, timeliness, or truthfulness.
  • We, the authors, and all related parties are not responsible for any damage or loss caused by or related to the information published in this article. Cryptocurrencies involve hacking and other risks, so please conduct thorough research before using them.

Supervised by

Shingo Arai

Shingo Arai

CEO, Rokubunnoni Inc.

After completing a Master's degree in Management Engineering at Tokyo University of Science in 2013, Shingo Arai worked as an engineer, data scientist, and data analyst at multiple companies in the web, app, and advertising industries. He entered the cryptocurrency and blockchain space around 2017, founded Rokubunnoni Inc. in January 2018, and launched Crypto Times — a blockchain-focused media outlet — in February 2018. With approximately 9 years in the industry, his expertise spans DeFi, L1/L2 protocols, tokenomics, ZKP, and domestic/international regulatory trends. He actively conducts on-chain asset management and research. He has authored and supervised hundreds of articles, spoken at conferences in Japan and abroad, served as a DeFi investment seminar instructor, and operated KOL ambassador programs.

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