ELFi Protocol Marks 2-Year Milestone with $1.6B in Volume and Launches 500% APR Liquidity Event
The post ELFi Protocol Marks 2-Year Milestone with $1.6B in Volume and Launches 500% APR Liquidity Event appeared on BitcoinEthereumNews.com.
Singapore, May 2025 — ELFi Protocol, a decentralized derivatives trading platform, is marking its second anniversary with the launch of a limited-time liquidity mining campaign offering up to 500% APR. The campaign celebrates ELFi’s rapid growth and continued commitment to building a high-performance, transparent, and user-driven Perp DEX ecosystem. ELFi, founded in May 2023, has quickly established itself as a leading force in decentralized derivatives trading. Since launching on Arbitrum mainnet in August 2024, the platform has grown rapidly through continuous product innovation and community-driven development. Over the past two years, ELFi has posted the following key growth metrics, according to third-party data: Over $1.6 billion in cumulative trading volume More than 32,000 registered users Listed over 230 perpetual trading pairs Deployed on Arbitrum and Base, ranked top 5 in derivatives on both chains. Maintained zero user fund loss since launch As part of its two-year celebration, ELFi is launching a limited-time 500% APR staking campaign through its flagship liquidity product, ELFi Earn. Eligible users can participate by contributing to designated liquidity pools and earn significantly boosted yields during the promotional period. The initiative aims to reward long-term supporters while attracting new users to experience ELFi’s unique features. “Our second anniversary is not just a celebration of how far we’ve come, but a reaffirmation of our long-term mission,” said the ELFi team. “From the Ultra Portfolio Margin system to ELP liquidity pools and fast onchain execution, we’ve redefined what users can expect from a Perp DEX.” ELFi’s growth has been driven by a series of product innovations, including: Ultra Portfolio Margin: Use any supported asset as margin. There are no swaps and no hidden friction. Trade directly with what you hold, without selling your existing positions. Equilibrium Liquidity Pools: ELFi’s proprietary dual-model design combines zero-risk stablecoin pools with high-yield liquidity…
Filed under: News - @ May 26, 2025 8:23 am