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

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$71.85

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24h H/L

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Change: $3.05 (4.35%)

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Resistance 1$73.215

Price$71.20

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Pivot (PP):$71.18

Trend:Downtrend

RSI (14):48.2

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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