DeFi protocol Elixir completed $8 million in Series B financing, with Mysten Labs and Maelstrom co-leading the investment

Odaily News DeFi protocol Elixir announced the completion of US$8 million in Series B financing. Mysten Labs and Maelstrom jointly led the investment, with participation from Manifold, Arthur Hayes, Amber Group, GSR, Flowdesk, etc. It is reported that Elixir allows users to provide liquidity directly to trading pairs on order book exchanges and receive market maker rewards similar to AMM. Its network supports a large amount of liquidity from exchanges such as Vertex, Bluefin, RabbitX, and will cooperate with dYdX and dYdX. Integration with platforms such as ApeX. (Crypto.news) Last October, it was reported that Elixir completed a US$7.5 million Series A financing at a valuation of US$100 million, led by Hack VC, NGC Ventures, AngelList Ventures, Bloccelerate and angels from Ledger Prime, Genesis Trading and Hudson River Trading Investors are waiting to participate.