Ellipsis Labs

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Ellipsis Labs, founded in 2023 by Eugene Chen and Jarry Xiao, ex-Citadel and Berkeley engineers, in New York, builds high-performance DeFi on Solana. Its flagship product Phoenix is an open, non-custodial limit orderbook DEX with on-chain settlement and instant finality, designed for professional market makers and retail traders seeking transparent liquidity. Complemented by Atlas, its validator infrastructure, Ellipsis focuses on low-latency, capital-efficient trading without intermediaries. Backed by leading investors including Paradigm and Electric Capital, the team applies traditional finance market structure expertise to on-chain venues. Headquartered in New York with a lean engineering team, Ellipsis emphasizes correctness and speed. Expect a rigorous, performance-obsessed culture that values market microstructure knowledge, security and shipping reliable trading systems in volatile markets every day.