The Ellipsis team has been pushing Solana's on-chain market infrastructure forward with some impressive moves. Phoenix brought an on-chain CLOB (central limit order book) to the ecosystem, while SolFi introduced what they're calling the first proprietary AMM (automated market maker). Both solutions addressed real gaps in Solana's DeFi stack. Now the team is leveraging that same technical expertise to venture into perpetual futures—expanding their toolkit beyond spot markets and AMMs into derivatives territory. It's a logical next step for a team that clearly understands how to build robust trading infrastructure on Solana.

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OffchainOracle
· 2025-12-17 14:06
Perpetual Contracts? These guys at ellipsis are really busy, covering everything from spot to derivatives. The Solana ecosystem is quite interesting.
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DegenWhisperer
· 2025-12-17 14:00
Ellipsis is quite solid in this move. Phoenix and Solfi have bridged the gap between spot and AMM, and now they are venturing into perpetuals? The Solana ecosystem indeed needs teams that understand trading infrastructure.
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OldLeekMaster
· 2025-12-17 00:30
Wait, Ellipsis is going to do perpetuals again? This guy really wants to do everything, from spot to AMM and now entering derivatives. Isn't he a bit too greedy...
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0xSleepDeprived
· 2025-12-15 22:37
As long as it's not another losing derivative project, it's fine. Solana's infrastructure indeed needs to be improved.
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ForkMonger
· 2025-12-14 14:56
ngl, ellipsis moving into perps is kinda inevitable at this point... but let's be real, how long before their governance gets messy? seen this movie before lol
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MoonWaterDroplets
· 2025-12-14 14:54
Perpetual contracts are here, and Ellipsis's move is quite interesting.
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MetaverseVagabond
· 2025-12-14 14:51
Ha, Ellipsis's gameplay is pretty good, from spot to derivatives, the logical chain is clear

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The Solana ecosystem fills in what it lacks, that's true blood-making

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Perpetual contracts are back, another new thing, let's see if it can make money

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Phoenix and SolFi are doing well, but will perpetual contracts be too competitive?

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I'm optimistic about them. At least they dare to keep innovating on Solana, it's not just for show

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This team clearly knows what Solana is missing, unlike some projects that only hype concepts
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CrashHotline
· 2025-12-14 14:48
If Ellipsis can really deliver something in perpetual contracts, the Solana ecosystem will come alive. After all, the derivatives space is currently quite empty.
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DAOdreamer
· 2025-12-14 14:28
Ellipsis made a good move here; the transition from spot to derivatives follows a smooth logic.
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