Ellipsis Finance

Ellipsis Finance is a decentralized exchange (DEX) built on the BNB Chain, designed primarily for efficient, low-slippage swapping of stablecoins and like-kind tokens. It is an authorized fork of Curve Finance, adapted to the BNB Chain ecosystem to provide capital-efficient liquidity pools. Ellipsis targets users who need to swap tokens with minimal fees and slippage, liquidity providers seeking yield, and protocols aiming to build deep liquidity for their tokens. The platform uses Automated Market Maker (AMM) technology, relying on liquidity pools rather than traditional order book matching.

Liquidity providers deposit tokens into Ellipsis pools and receive LP tokens representing their share. These LP tokens can be staked to earn EPX, the native governance and reward token of Ellipsis. EPX holders can participate in governance by voting on pool incentives and locking tokens to boost rewards or share platform fees. Trading fees on Ellipsis are competitive, with stable pools charging 0.04% and crypto pools charging between 0.04% and 0.4%, split evenly between liquidity providers and EPX lockers.

Ellipsis differentiates itself by focusing on stable and like-kind asset swaps on BNB Chain, offering a secure and well-tested environment with incentives aligned for liquidity providers and token holders. Its forked Curve protocol foundation ensures capital efficiency and low slippage, while its native EPX token adds governance and reward layers. Developers and protocols can list tokens and create pools to bootstrap liquidity, making Ellipsis a flexible platform for DeFi projects on BNB Chain. Comprehensive documentation and community channels support onboarding and integration.