Elixir Price

Elixir (ELX) is a cryptocurrency built on the Ethereum blockchain, launched in 2022. It aims to foster community involvement and ensure long-term sustainability. Elixir has a total supply of 1B ELX tokens, with 41% allocated for community use. As of 2025-08-04, Elixir is ranked #835 on CoinMarketCap with a price of $0.192 and a 24-hour trading volume of $1.12M. The token's market capitalization stands at $32.31M, with a fully diluted valuation of $192.01M. Elixir has shown a +6.67% price change in the last 24 hours, reaching a high of $0.1982 and a low of $0.1763. The project focuses on creating a decentralized ecosystem that empowers users and promotes active participation in its governance. With its innovative approach and strong community focus, Elixir aims to establish itself as a significant player in the DeFi space in the coming years.

Elixir was created on January 31, 2022. The cryptocurrency was launched on the Ethereum platform as an ERC-20 token. Elixir aims to improve liquidity in the decentralized finance (DeFi) ecosystem. Since its creation, Elixir has gained traction in the crypto market, being listed on multiple exchanges and attracting attention from DeFi enthusiasts. The project's focus on enhancing liquidity solutions has positioned it as a notable player in the evolving DeFi landscape. As of 2025-08-04, Elixir continues to develop and expand its ecosystem, working towards its goal of revolutionizing liquidity provision in the decentralized financial world.

The founders of Elixir (ELX) are Philip Forte, Christopher Gilbert, and Cole Petersen. Philip Forte serves as the CEO and primary founder, bringing extensive experience in blockchain technology and decentralized finance. Christopher Gilbert takes on the role of CTO, leveraging his expertise in smart contract development and system architecture. Cole Petersen contributes as a Director, focusing on strategic partnerships and ecosystem growth. Together, this trio launched Elixir in 2025, aiming to revolutionize the DeFi landscape with innovative solutions for liquidity provision and yield optimization. Their combined expertise in blockchain, finance, and technology has been instrumental in driving the development and adoption of Elixir within the Ethereum ecosystem.

Elixir operates on the Ethereum blockchain as an ERC-20 token, powering a modular network designed for high-throughput liquidity solutions. The ELX token serves dual purposes within the ecosystem: 1. Governance: ELX holders can participate in decentralized decision-making, voting on proposals that shape the network's future. 2. Utility: It facilitates various functions within the Elixir ecosystem, including transaction fees and accessing platform services. The token's total supply is capped at 1B ELX, with 168.3M ELX currently in circulation. Elixir's innovative architecture supports institutional liquidity in DeFi, offering scalable and efficient solutions for complex financial operations. As of 2025-08-04, ELX is trading at $0.192, with a 24-hour trading volume of $1.12M. The project's market cap stands at $32.31M, reflecting its growing importance in the DeFi landscape. Elixir's modular approach allows for seamless integration of new features and upgrades, ensuring the network remains adaptable to evolving market needs. This flexibility, combined with its focus on institutional-grade liquidity, positions ELX as a key player in bridging traditional finance with the decentralized world.

Elixir utilizes a decentralized and modular technical architecture designed for high throughput, similar to Arbitrum's approach. The system employs fraud proofs published on the Ethereum mainnet to ensure network security. This architecture enables Elixir to support efficient cross-chain liquidity operations while maintaining robust security measures. The platform's design prioritizes scalability and interoperability, allowing for seamless integration with various blockchain ecosystems. By leveraging Ethereum's security model, Elixir achieves a balance between performance and trustworthiness, making it well-suited for complex DeFi applications and high-volume transactions. The modular structure also facilitates future upgrades and adaptations to emerging blockchain technologies, ensuring Elixir's long-term viability in the rapidly evolving crypto landscape.

The future of Elixir looks promising, with a strong focus on reshaping digital finance. The roadmap emphasizes continuous improvement in scalability and interoperability, aiming to drive innovation in the DeFi sector. By 2026, Elixir plans to expand its ecosystem, introducing new partnerships and enhancing its smart contract capabilities. In 2027, the project aims to launch cross-chain solutions, further improving its interoperability. Looking ahead to 2030, Elixir envisions becoming a leading platform for decentralized applications, with a robust governance model and increased adoption in various industries. The long-term goal for 2035 is to establish Elixir as a cornerstone of the global digital economy, potentially revolutionizing traditional financial systems. With its current price at $0.192 and a market cap of $32.31M, Elixir shows potential for significant growth and adoption in the coming years.