The DEFI protocol ELIXIR has completed a Series B financing round of $8 million, with a valuation of $800 million. This round of financing was jointly led by MYSTEN LABS and MAELSTROM, and also involved participation from institutions such as MANIFOLD, ARTHUR HAYES, AMBER GROUP, GSR, and FLOWDESK. The ELIXIR protocol allows users to provide liquidity to trading pairs on order book exchanges and receive market maker rewards similar to AMM. Its network supports a significant amount of liquidity from exchanges such as VERTEX, BLUEFIN, and RABBITX, and plans to integrate with platforms like DYDX and APEX.

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<p>According to Crypto.news, DeFi protocol Elixir has completed a Series B financing round of $8 million, with a valuation of $800 million. The round was led by Mysten Labs and Maelstrom, with participation from Manifold, Arthur Hayes, Amber Group, GSR, Flowdesk, and others.</p>
<p>Elixir allows users to provide liquidity directly to the order book of exchanges and receive market maker rewards similar to AMMs. Its network supports a large amount of liquidity from exchanges such as Vertex, Bluefin, and RabbitX, and will integrate with platforms like dYdX and ApeX.</p>
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The DEFI protocol ELIXIR has completed a Series B financing of 8 million USD, reaching a valuation of 800 million USD.