Elixir

Protocol Information

The Elixir network is a new primitive, purpose-built to power the next generation of institutional liquidity. Elixir powers deUSD – a fully collateralized, yield-bearing synthetic dollar. Elixir is the most widely adopted network by RWAs: exclusively bringing funds from BlackRock, Hamilton Lane, and others to DeFi for the first time through deUSD. The Elixir network is secured by 30,000+ global validators.

Category: Yield

Token Information

Methodology

Competitors

Raises

• Total raised: 17.6m
• 1/17/2023 : Seed - Raised $2.1m
• 10/18/2023 : Series A - Raised $7.5m at $100m valuation
• 3/12/2024 : Series B - Raised $8m at $800m valuation