Phoenix Hub: Insights and Analytics
Introducing Phoenix: Unleashing Decentralized Liquidity on Solana
In the bustling landscape of decentralized finance (DeFi), the quest for composable and sustainable liquidity solutions has been a central challenge. Enter Phoenix, a groundbreaking decentralized limit order book built on the Solana blockchain, poised to revolutionize the world of spot asset markets. This innovative platform serves as a composable liquidity hub, a true public good that empowers developers to create on-chain applications while bridging the gap between liquidity providers and seekers.
The DeFi ecosystem has long sought a solution to the liquidity puzzle, one that doesn't rely on unsustainable incentives or force retail liquidity providers to consistently incur losses. Phoenix rises to this challenge by harnessing Solana's remarkable features—high throughput, lightning-fast block times, and low transaction fees. As a result, Solana-based decentralized exchanges can now offer active liquidity provisioning, enabling professional market makers to provide tighter and deeper liquidity while maintaining profitability and sustainability.
Phoenix's technical prowess is nothing short of remarkable. With instant settlement at its core, it eliminates the need for asynchronous processes to settle trades, streamlining the trading experience for users. The platform's maximal composability is another key feature, boasting intuitive interfaces and a minimal number of required accounts, allowing traders to execute more instructions in a single transaction seamlessly.
But what truly sets Phoenix apart is its commitment to decentralization. The Phoenix program's source code is set to be unveiled to the public prior to its mainnet launch, and the deployed version will undergo rigorous verification. Market listings are permissionless, free from centralized controls, putting the power firmly in the hands of the community. Initially, the Ellipsis Labs team will oversee program upgrades through multisig, with a clear vision to relinquish control once the program has been rigorously battle-tested.
Phoenix is more than just a DeFi platform; it's a symbol of the evolution of decentralized finance on Solana, offering a new era of liquidity, trust, and innovation. Join us on this exciting journey as we unlock the full potential of decentralized trading and liquidity provision with Phoenix.

Methodology
In this dashboard, we will delve into an in-depth analysis and monitoring of the Phoenix platform on Solana, leveraging data from Flipsidecrypto datasets. The initial section of the dashboard is dedicated to essential platform metrics, where we present and analyze actions, wallet activities, swap volumes, and swap pairs. The second tab, labeled "User Behavior," sheds light on user engagement patterns by showcasing a cohort user retention table and a daily chart depicting new and existing users. We trust you will find this dashboard both insightful and informative.
I extend my heartfelt gratitude to H4wk, m.zamani, and Sbhn_NP for their invaluable contributions and support.