Atlas.xyz – Namecheap customer – (United States)
Pioneering crypto developers use .xyz domains to drive the future of decentralized finance (DeFi) and web3 innovation. Layer-2 blockchain project Eclipse.xyz aims to harness the strengths of Ethereum and Solana to create a modular blockchain. Crypto payment platform Kulipa.xyz seeks to simplify digital transactions. Tech startup Narval.xyz is focused on simplifying web3 wallet management. In this week’s #BlockchainThursday, we’ll introduce you to a Layer-2 blockchain designed to advance decentralized finance: Atlas.xyz.
Atlas.xyz is the online home of Atlas, a Layer-2 blockchain developed by DeFi developer EllipsisLabs.xyz. Atlas aims to power “verifiable finance”—a financial system built on transparency, security, and high performance. Layer-2 blockchains are designed to work on top of existing Layer-1 blockchains like Ethereum, enhancing scalability and reducing transaction costs while maintaining security and decentralization. Designed specifically for decentralized financial applications, Atlas seeks to combine low transaction costs, rapid processing, and a transparent on-chain environment. EllipsisLabs.xyz provides a platform designed to support financial applications, leveraging the team’s experience developing Phoenix, a Solana-based exchange known for processing over $50 billion in trades since its launch. In October 2024, Ellipsis Labs raised $21 million, led by Haun Ventures, to advance Atlas’s launch. This follows a $20 million Series A round from April 2024, led by Paradigm.xyz.1
Atlas is designed for developers, fostering an environment where they can build, test, and deploy financial applications. The platform is built around four key pillars—developer experience, compatibility, performance, and reliability. Full compatibility with Solana, enabled by a custom SVM, helps Solana developers to transition to Atlas, taking advantage of fast pre-confirmations, near-zero transaction costs, and dependable sequencing.
Atlas’s architecture is aimed to serve financial applications that require high transaction throughput and reliability. The platform’s sequencer is designed to maintain consistent transaction processing, aiming to reduce delays and uncertainty often encountered in other blockchains. This setup can accommodate financial use cases like on-chain order books and high-frequency trading systems, providing a foundation for developers with performance-intensive requirements.
Atlas.xyz underscores Ellipsis Labs’ commitment to decentralized finance, offering a blockchain that prioritizes performance and developer experience. The .xyz domain, known for its association with innovation and cutting-edge tech, aligns perfectly with Atlas’s mission to drive the future of finance. This modern, accessible domain creates a dynamic space for developers ready to push the boundaries of DeFi, positioning Atlas at the forefront of a new era in transparent, high-performance financial applications. You can learn more by following the platform on X/Twitter @atlasxyz and LinkedIn @atlas-xyz, and by visiting Atlas.xyz.
1.https://www.coindesk.com/tech/2024/10/31/ellipsis-labs-raises-20m-from-haun-ventures-to-launch-verifiable-finance-blockchain-atlas/XYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
