Solana’s official channels announced that Ellipsis Labs has become the first project to deploy its own AMM on the Solana network, reinforcing the platform’s DeFi liquidity tier. The milestone expands on-chain liquidity options and showcases Solana‘s continued focus on scalable DeFi infrastructure.

Ellipsis Labs is shifting its development emphasis toward derivatives; the team is launching the Phoenix Perp DEX, a fully Solana-native product, and has begun internal testing. The waitlist is now open for participants seeking early access to the platform’s risk‑managed perpetual contracts.