The DeFi protocol Elixir has launched Elixir Apothecary

ChainCatcher news, DeFi protocol Elixir announced on platform X that Elixir Apothecary is now live. Elixir stated that with the launch of Apothecary, users can now pre-mint elxETH, which will become a fully chain-supported token at a 1:1 ratio with ETH after the mainnet launch on August 15, providing liquidity for the order books of native integrated exchanges (such as dYdX, Hyperliquid, Vertex, etc.).

It is reported that Elixir allows users to directly provide liquidity to trading pairs on order book exchanges and earn market maker rewards similar to those of AMMs. Its network supports significant liquidity for exchanges like Vertex, Bluefin, RabbitX, and will integrate with platforms such as dYdX and ApeX.

In previous news, DeFi protocol Elixir announced the completion of an $8 million Series B funding round, co-led by Mysten Labs and Maelstrom, with participation from Manifold, Arthur Hayes, Amber Group, GSR, Flowdesk, and others.