Phoenix history: founders, backers & milestones
Who built Phoenix, who backs it, and the major milestones in its story.
Founders
Phoenix was built by Eugene Chen (CEO, Ellipsis Labs).
Backers
Paradigm (lead), Electric Capital, Haun Ventures.
Timeline of milestones
- 2024Ellipsis Labs raises a 20M USD Series A led by Paradigm
- 2025Phoenix Perpetuals is announced at Solana Breakpoint
FAQ
- Who founded Phoenix?
- Phoenix was built by Eugene Chen (CEO, Ellipsis Labs).
- When did Phoenix launch?
- Around 2025. See the full timeline.
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