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      ELFi Protocol's Logo

      ELFi Protocol - Strategic

      Overview Investors Company Profile / Project Introduction

      Overview

      Funding Date

      May 20, 2024

      Financing amount

      $5M

      Valuation

      --

      Catagory

      DeFi

      Subcategory

      Derivatives

      About ELFi Protocol - Strategic

      ELFi Protocol has completed two rounds of strategic financing totaling US$5 million, with the latest round led by IDG Capital and KuCoin Venture Capital. The ELFi protocol has been launched on the Arbitrum testnet and is currently in the Genesis NFT public beta phase.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund Seychelles 2017 48 --
      Fund China 1993 27 cooperation@idgcapital.com

      Company Profile / Project Introduction

      ELFi stands as a decentralized perpetual contract trading protocol that employs vAMM model. This model facilitates leveraged trading through a multi-asset pool, with liquidity providers earning from transaction fees and lending charges. Trade pricing dynamically integrates on-chain oracles and spot prices from leading exchanges.

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      *Fundraising Announcement: Click here