According to TechFlow, the DeFi protocol Elixir has an order book TVL of over $300 million and a trading volume of billions of dollars. All transactions are protected by Elixir's more than 10,000 validators around the world. With the mainnet launch coming soon, users can now participate in the "Pharmacist" section and obtain potion rewards by holding, staking and trading Elixir to increase income, unlock exclusive rewards and airdrops, and other rights.

It is reported that Elixir Protocol is a modular decentralized staking network that allows users to provide liquidity directly to trading pairs of order book exchanges and obtain market maker rewards similar to AMM to help improve the liquidity of decentralized order book exchanges.