Description
Phi Labs is a leading innovator in the web3 domain, focusing on the creation of decentralized technologies and products primarily on the Solana blockchain. Their main product, Mango Markets, serves as a holistic DeFi platform offering decentralized exchange (DEX), alongside lending and borrowing services. This platform facilitates leveraged trading, asset lending for interest accrasion, and asset borrowing for trading purposes within a secure, transparent, and efficient decentralized framework. Additionally, Phi Labs significantly contributes to the Solana ecosystem's growth through their involvement in developing Serum, a liquidity framework tailored for Solana. Beyond Solana, they contribute to Archway and the Cosmos ecosystem, developing tools and protocols that support developers and creators in harnessing blockchain technology. Phi Labs’ work emphasizes scalability, high transaction speed, and reduced costs, aiming to bolster the infrastructure for DeFi applications and services.
Phi Labs is a leading innovator in the web3 domain, focusing on the creation of decentralized technologies and products primarily on the Solana blockchain. Their main product, Mango Markets, serves as a holistic DeFi platform offering decentralized exchange (DEX), alongside lending and borrowing services. This platform facilitates leveraged trading, asset lending for interest accrasion, and asset borrowing for trading purposes within a secure, transparent, and efficient decentralized framework. Additionally, Phi Labs significantly contributes to the Solana ecosystem's growth through their involvement in developing Serum, a liquidity framework tailored for Solana. Beyond Solana, they contribute to Archway and the Cosmos ecosystem, developing tools and protocols that support developers and creators in harnessing blockchain technology. Phi Labs’ work emphasizes scalability, high transaction speed, and reduced costs, aiming to bolster the infrastructure for DeFi applications and services.
