Crypto News
ELFi Protocol Marks 2-Year Milestone with $1.6B in Volume and Launches 500% APR Liquidity Event

Singapore, May 2025 — ELFi Protocol, a decentralized derivatives trading platform, is marking its second anniversary with the launch of a limited-time liquidity mining campaign offering up to 500% APR. The campaign celebrates ELFi’s rapid growth and continued commitment to building a high-performance, transparent, and user-driven Perp DEX ecosystem.
ELFi, founded in May 2023, has quickly established itself as a leading force in decentralized derivatives trading. Since launching on Arbitrum mainnet in August 2024, the platform has grown rapidly through continuous product innovation and community-driven development.