Solana: Ellipsis Labs Launches Its First AMM on Solana and Initiates Phoenix Perp DEX Testing (Waitlist Open)

SOL

SOL/USDT

$142.67

-2.11%

$142.67

-2.11%

(24s)

24h Volume

$4,636,422,388.70

24h H/L

$146.51 / $140.90

Change: $5.61 (3.98%)

Long/Short

76.8%

Long: 76.8%Short: 23.2%

Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data

Solana

Daily

$142.74

▲ 0.23%

Volume (24h): -

Resistance Levels

Resistance 3$159.9898

Resistance 2$148.7069

Resistance 1$143.5199

Price$142.74

Support 1$140.8754

Support 2$137.1267

Support 3$129.7403

Pivot (PP):$142.5933

Trend:Uptrend

RSI (14):60.3

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.

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