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Phoenix

Phoenix is a non-custodial, decentralized exchange for perpetual futures built on Solana. It lets users connect compatible wallets, fund accounts with USDC, and trade leveraged perpetual contracts.
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Phoenix Perps


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Description

Phoenix Perps implements perpetual futures trading infrastructure on Solana through proprietary AMM-style liquidity mechanisms. The system facilitates derivatives trading with gasless execution for retail users while providing professional traders with predictable order execution and advanced strategy support capabilities.

Category: Derivatives
TVL: $954K


Chains:
Solana

Rise SDK


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Description

Rise SDK is Phoenix’s developer-facing SDK surface for perpetual futures. It provides TypeScript and Rust packages with HTTP and WebSocket clients, Phoenix state and metadata primitives, transaction and instruction builders, order and trader-state helpers, and margin calculations for applications that read Phoenix state and submit Phoenix instructions.

Category: Developer Tooling