Which DEX launched SOL perps beta?

TLDR

Ellipsis Labs launched a Solana based perpetuals DEX in private beta, confirmed in a recent report that it is fully onchain and not yet open to the public Cointelegraph coverage.

1. The platform is in private beta with a fully onchain risk and matching engine.

Deep Dive

1. Ellipsis Perps Beta

Ellipsis Labs announced a Solana native perpetuals DEX that runs its risk and matching engine fully onchain and is currently in private beta, meaning access is limited pending a wider rollout, per the article above.

A second writeup highlights Ellipsis Labs as a Solana perpetuals venue focused on fast onboarding and gasless trading, underscoring the push for onchain derivatives on Solanas high throughput stack CoinJournal summary.

This launch tracks with broader Solana DeFi momentum, including a major app integrating Solana DEX rails directly so users can swap SOL ecosystem tokens without traditional listings recent integration news.

Conclusion

Ellipsis Labs is the team behind the new SOL perpetuals DEX in private beta. It fits Solanas push toward fully onchain derivatives and growing DEX integrations, with broader access likely as the beta matures.