# Elixir

> DeFi at Institutional Scale Powered by Elixir

Elixir helps institutional funds access DeFi by providing a decentralized network that connects real world assets to blockchain protocols.

Elixir helps institutional investors access DeFi markets by providing blockchain infrastructure for real world assets. Users can stake tokens to secure the network, earn rewards through deUSD staking, and participate in governance decisions. The platform brings funds from BlackRock, Hamilton Lane, and Apollo to decentralized finance while maintaining institutional compliance and security standards.

- Type: Project
- Sector: Finance
- Status: Active
- Founded: 2022-02-01
- Profile: https://thegrid.id/profiles/elixir

## Products

- [deUSD](https://thegrid.id/profiles/elixir): deUSD is a yield-bearing synthetic dollar collateralized by stETH and USDS through delta-neutral positions. The system captures funding yield and treasuries while maintaining stability through the Elixir Network's decentralized execution and verification mechanisms. (Stablecoin Issuer, Live, Main Product)
- [Elixir Network](https://thegrid.id/profiles/elixir): Elixir Network is a modular DPoS blockchain designed for institutional-scale liquidity provision. The network enables decentralized market making across orderbook exchanges through validator consensus and fraud proofs posted to Ethereum mainnet. (L1, Live)
- [Elixir Bridge](https://thegrid.id/profiles/elixir): Elixir Bridge enables cross-chain transfers of deUSD between Ethereum and other networks through Superbridge infrastructure. The bridge uses native bridge contracts to facilitate secure asset transfers while maintaining deUSD's 1:1 backing across chains. (Bridge, Live)

## Assets

- [deUSD (deUSD)](https://thegrid.id/profiles/elixir): deUSD is a yield-bearing synthetic stablecoin issued by the Elixir Network. It is minted using stETH and USDS as collateral, which the protocol uses to short ETH in perpetual futures markets, creating a delta-neutral position that maintains stability regardless of ETH price movements. The stablecoin serves as the primary gateway for institutional real-world asset holders from BlackRock, Hamilton Lane, and Apollo to access DeFi while preserving their original asset exposure through isolated backing. (Stablecoin)
- [ELX (ELX)](https://thegrid.id/profiles/elixir): ELX is the native token of Elixir Network, a modular delegated proof-of-stake blockchain built for decentralized liquidity provision on orderbook exchanges. It is used to stake and secure the network through validator consensus, and to vote on governance proposals that shape the network's future. Validators can delegate ELX to earn staking rewards, with malicious actors subject to slashing of their staked ELX. (Native)

## Links

- [Main](https://www.elixir.xyz)
- [Media Kit/branding](https://www.notion.so/Elixir-Media-Library-1f1081a5f4e380f4b290e10ba2998850)
- [Documentation](https://docs.elixir.xyz)
- [Blog](https://mirror.xyz/0x25832C2fC7B7380E5B74Ea280ea2D2C98a0d5644)
- [Forum](https://forum.elixir.xyz)
- [Terms of Service](https://drive.google.com/file/d/18l4kL2_Mp9UPZr4mb631mTZZQgQhufNs/view?pli=1)
- [Twitter / X](https://x.com/elixir)
- [Telegram](https://t.me/elixir_network)
- [LinkedIn](https://linkedin.com/company/elixir-network)
- [Discord](https://discord.com/invite/elixirnetwork)
- [Telegram](https://t.me/elixirkorea)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP