Ellipsis Labs Launches Atlas Test Network Optimized for DeFi
Publication Time:2024-09-11 22:31:07
On September 11th, Ellipsis Labs unveiled its latest developments within the Solana ecosystem. The company, dedicated to creating high-performance DeFi solutions, announced the launch of an Atlas test network optimized for DeFi. By integrating the Solana Virtual Machine as the execution layer and combining it with the Ethereum mainnet for settlements, the Atlas test network not only provides an environment that seamlessly interoperates with existing Solana programs but also significantly boosts the execution speed and processing capacity of DeFi applications. Ellipsis Labs highlighted that this innovative initiative will pave the way for future DeFi ecosystem development, particularly as its flagship product Phoenix is set to build new versions on the Atlas test network, demonstrating Ellipsis Labs' determination and potential in driving DeFi technology advancements.
Solana
DeFi protocols
Ellipsis Labs
Atlas test network
DeFi optimization