Ellipsis Labs Raises $20M for Solana DEX đ
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đž Big news in the DeFi world â Ellipsis Labs, the brains behind the Solana-based decentralized exchange Phoenix, has secured $20 million in a Series A round. This funding will accelerate the development of cutting-edge DeFi solutions on Solana, a blockchain known for its speed and efficiency.
đ Whatâs next? With this new funding, Phoenix is set to introduce innovative liquidity solutions, making it easier for users to trade and invest in the DeFi space. Solanaâs growing ecosystem continues to attract top-tier projects and investments.
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