According to Crypto.news, DeFi protocol #Elixir has announced the completion of a Series B funding round worth 8 million dollars, with a valuation of 800 million dollars. This funding round was co-led by Mysten Labs and Maelstrom, with participation from Manifold, Arthur Hayes, Amber Group, GSR, Flowdesk, and others.

Elixir allows users to provide liquidity directly for trading pairs on order book exchanges and receive market maker rewards similar to AMM. Its network supports a large amount of liquidity from exchanges like Vertex, Bluefin, RabbitX and will integrate with platforms like #dxdy and #ApeX .