Ellipsis Labs

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Ellipsis Labs is a New York-based software development firm focused on decentralized finance (DeFi) infrastructure within the blockchain sector. Founded in 2022 by Eugene Chen and Jarry Xiao, the company aims to bridge traditional finance and blockchain technology. With a small team of about 9-11 employees, Ellipsis Labs has raised approximately $44.4 million to $47.3 million in funding, including a significant $21 million Series A-II round led by Haun Ventures.

The company specializes in creating high-performance financial applications and advanced use cases. Their core services include designing on-chain trading protocols, building purpose-built Layer 2 blockchains, and integrating high-frequency trading principles into decentralized markets. Notable products include Phoenix, a leading permissionless limit order book spot exchange on the Solana blockchain, and Atlas, a Layer 2 blockchain designed for financial applications. Ellipsis Labs emphasizes transparency, auditability, and sustainability in its mission to develop efficient and robust financial systems.

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