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Ellipsis Labs Takes Credit for Anonymous Solana DEX Dominance—Because Someone Had To

Ellipsis Labs Takes Credit for Anonymous Solana DEX Dominance—Because Someone Had To

Blockworks
Author:
Blockworks
Release Time:
2025-05-01 20:47:28
0

Ellipsis Labs claims credit for mysterious top Solana DEX

Solana’s decentralized exchange (DEX) leaderboard has a new top dog—and no one knows who built it. Enter Ellipsis Labs, stage left, claiming the crown for their stealth project. Because in crypto, if you don’t take credit, the VCs will.

Behind the scenes: The ’mystery DEX’ has been quietly eating market share, leveraging Solana’s speed and low fees to outflank slower rivals. Ellipsis insists their tech is the secret sauce—though they’ve yet to explain why they stayed anonymous until now.

The punchline? Another ’decentralized’ project playing hide-and-seek with accountability. Just don’t ask about the tokenomics—unless you’re an accredited investor, of course.

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