
ELFi Protocol
ELFi Protocol is a portfolio-margined perpetuals DEX on Arbitrum and Base with cross- and isolated-margin trading.

What is ELFi Protocol?
ELFi Protocol is a decentralized perpetuals exchange on Arbitrum and Base. Traders deposit a wide range of collateral assets and use ELFi's portfolio-margining engine to run cross- or isolated-margin positions on 100+ perp markets with up to 1000x leverage. The Equilibrium Liquidity Provider (ELP) pool backs trades and shares fee revenue with depositors, and ELFi reports ~$3M in TVL across the two chains.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

