ELFi Protocol

ELFi Protocol

ELFi Protocol is an Ultra Portfolio Margin Decentralized Perpetual Exchange that offers up to 1000x leverage, isolated & cross margin, and high-yield opportunities. It features an innovative Equilibrium Liquidity Provider (ELP) model where users can supply liquidity to earn fees. The platform aims to provide a CEX-like trading experience with deep liquidity and low slippage, with a vision to make all assets universally tradeable and accessible through decentralization.
Distributed

Description

ELFi Protocol is a decentralized perpetual exchange that offers high-leverage trading up to 1000x on a wide range of digital assets. It utilizes an innovative 'Equilibrium Liquidity Provider (ELP)' model, allowing users to supply assets like BTC, ETH, and stablecoins to a multi-asset liquidity pool to earn fees from market making, swaps, and leverage trading. A key feature is the 'Ultra Portfolio Margin' trading mode, which enhances capital efficiency and minimizes liquidation risk by offsetting profits and losses across a user's entire portfolio. The platform aims to provide a CEX-like experience with high liquidity, low slippage, and a user-friendly interface, while maintaining on-chain transparency and decentralization. It supports various trading modes, including a 'Degen 1000x Mode', to cater to different risk appetites.