ELFi Protocol Celebrates its Second Anniversary with a 500% APR Liquidity Mining Campaign

Singapore, May 2025 — ELFi Protocol, a decentralized derivatives trading platform, is marking its second anniversary with the launch of a limited-time liquidity mining campaign offering

ELFi Protocol, a decentralized derivatives trading platform, is celebrating its second anniversary with the launch of a limited-time liquidity mining campaign. The initiative will see APY rates on select ELFi Earn liquidity pools soar to 500% for a limited period.

As part of its two-year celebrations, ELFi is launching an anniversary campaign with an incredible 500% APR staking opportunity. This time-limited offer will see some of ELFi’s flagship Earn liquidity pools have their APY rates drastically increased to 500% for an exclusive window. Those who deposit into the selected pools during this period can claim an outstanding 500% annualized return on their contributions.

This initiative is designed to reward ELFi’s long-term supporters and attract new users to experience the unique features of ELFi’s Perp DEX. The platform, launched in May 2023, is known for its rapid innovation in developing an advanced and transparent ecosystem for decentralized trading.

Since launching on Arbitrum mainnet in August 2024, ELFi has rapidly expanded through continuous product innovation and community-driven development. Within two years, the platform has achieved significant milestones, according to third-party data.

As part of its two-year celebrations, ELFi is launching an anniversary campaign with an incredible 500% APR staking opportunity. This time-limited offer will see some of ELFi’s flagship Earn liquidity pools have their APY rates drastically increased to 500% for an exclusive window. Those who deposit into the selected pools during this period can claim an outstanding 500% annualized return on their contributions.

This initiative is designed to reward ELFi’s long-term supporters and attract new users to experience the unique features of ELFi’s Perp DEX. The platform, launched in May 2023, is known for its rapid innovation in developing an advanced and transparent ecosystem for decentralized trading.

Since launching on Arbitrum mainnet in August 2024, ELFi has rapidly expanded through continuous product innovation and community-driven development. Within two years, the platform has achieved significant milestones, according to third-party data.

As part of its two-year celebrations, ELFi is launching an anniversary campaign with an incredible 500% APR staking opportunity. This time-limited offer will see some of ELFi’s flagship Earn liquidity pools have their APY rates drastically increased to 500% for an exclusive window. Those who deposit into the selected pools during this period can claim an outstanding 500% annualized return on their contributions.

This initiative is designed to reward ELFi’s long-term supporters and attract new users to experience the unique features of ELFi’s Perp DEX. The platform, launched in May 2023, is known for its rapid innovation in developing a high-performance, transparent, and user-driven Perp DEX ecosystem.

ELFi has quickly established itself as a leading force in decentralized derivatives trading. With its launch on Arbitrum mainnet in August 2024, the platform has grown rapidly through continuous product innovation and community-driven development.

Over the past two years, ELFi has posted the following key growth metrics, according to third-party data:

As part of its two-year celebration, ELFi is launching a limited-time 500% APR staking campaign through its flagship liquidity product, ELFi Earn. Selected users will be able to participate by contributing to designated liquidity pools and enjoy significantly boosted yields during the promotional period. The initiative aims to reward long-term supporters of the ELFi ecosystem and attract new users to experience the platform’s unique offerings.

“Our second anniversary is not just a celebration of how far we’ve come, but also a reaffirmation of our long-term mission. From the Ultra Portfolio Margin system to ELP liquidity pools and fast onchain execution, we’re setting a new standard for what traders can expect from a Perp DEX,” the ELFi team added.

ELFi’s growth has been driven by a series of product innovations, including:

While platforms like dYdX and Hyperliquid have led early adoption in the Perp DEX space, ELFi sets itself apart with its focus on rapid new listings, multi-asset margin support, and a fully onchain architecture that guarantees transparency. Every trade, position, and yield distribution is readily verifiable on the blockchain, showcasing ELFi’s commitment to openness and user empowerment.

This combination of speed, flexibility, and transparency positions ELFi as both a complementary and competitive alternative in the decentralized trading landscape.

Since its launch, ELFi has attracted a growing base of loyal users who appreciate its speed, transparency, and innovative features. The platform has operated without any reported security incidents or user fund losses throughout its journey, highlighting the strength of its onchain architecture and risk management protocols.

According to the team