Cryptocurrency and decentralised finance (DeFi) paved the way for new rails of the financial system in the last few years. Ellipsis Lab plans to reimagine this, providing an improved landscape for high-performance applications and advanced trading use cases through Phoenix Trade, a decentralised perpetual platform on the Solana network.
Ellipsis Lab Airdrop Preview
| Airdrop Status | Waitlist Confirmed |
| Who is this for | Beginners/ Airdrop farmers |
| Estimated Completion time | 3 mins |
| Cost | $0 |
| Project Funding | $44M |
| Risk | Click only official link |
What is Ellipsis Lab (Phoenix Trade)
Phoenix Trade is a perpetual trading platform on the Solana ecosystem owned by Ellipsis Lab, with over three years of building high-performance trading infrastructure on Solana, from Phoenix spot markets in 2023 to leading the Prop AMM revolution with @SolFiAMM.
Ellipses Lab has influenced spot trading, bringing down trading costs by over 80% on Solana’s spot markets, saving on-chain traders tens of millions of dollars. Through its new perpetual trading platform, the team plans to provide deep liquidity and tight spreads for perpetual trading.
Ellipsis Lab Team – Who is Behind Ellipsis and Funding
Ellipses Lab is run by a team of experts, including Jarry Xiao, the Chief Technology Officer and Co-founder of the crypto project, as they look to build sustainable products. The platform is rumored to have closed a $44.3 million funding round led by Paradigm Venture in the blockchain space.
This funding would be used to build its community and reward early contributors.
What You Need For Ellipsis Lab Confirmed Airdrop
The Ellipses lab airdrop does not require users to have an active X account or an EVM-compatible wallet; users are expected to use only their email address to enter the waiting list.
Ellipsis Lab Airdrop – Step-by-step Guide
To gain access to the Ellipsis lab airdrop, users who applied through the waiting list will be contacted. Here is how to apply:
1. Go to the Phoenix Trade Website
2. Fill the form
3. Wait for the shortlist
4. Always check its official X account for more information
Key Takeaways of Ellipsis Lab Airdrop
Ellipsis Lab’s perpetual decentralised trading platform, Phoenix, on the Solana network, is built to help traders and users enjoy a seamless trading experience with reduced gas fees and instant execution.
Official Community Details
To stay informed and updated on community happenings, these community pages provide firsthand information.
🌐 Website: https://www.ellipsislabs.xyz/
🐦 Twitter/X: https://x.com/ellipsis_labs
FAQs
When is Snapshot?
While its snapshot is yet to be confirmed on its official channel, users are encouraged to participate in the early task and always check its X handle and website for more information.
Does Airdrop really pay?
Many crypto airdrop farmers have shared how they have made thousands of returns by farming airdrops, showing that airdrops pay when tasks are completed on time.
How do I claim my airdrop tokens?
Information on claiming Ellipsis lab airdrop tokens will be posted on its official website and X account, and the following accounts will keep you updated.
If you are interested in similar farming projects, we recommend reading about our other recent or ongoing airdrops that are worth checking out. At UseTheBitcoin, we ensure you don’t miss out on some of the potential airdrops that are worth your time and attention, maximizing your gains.
