Elix.fi

Capital-efficient and modular CLOB DEX

## Overview Elix.fi is a capital-efficient, modular central limit order book (CLOB) decentralized exchange built on the Somnia blockchain. It combines order book mechanics with modular architecture to enable efficient spot trading without the liquidity fragmentation common in traditional AMM-based DEXs. The platform addresses a specific pain point in decentralized trading: the inefficiency of automated market makers when handling large order sizes and the capital lockup required to provide liquidity in traditional pools. The CLOB model used by Elix.fi allows traders to place limit orders that