Ellipsis Labs vs Phantom

Overview

Ellipsis Labs Ellipsis Labs is the team behind Phoenix, a fully on-chain, non-custodial order book on Solana, and Phoenix Perpetuals, its futures exchange. Its focus is true central-limit-order-book trading on-chai... Phantom Phantom is the most widely used wallet in the Solana ecosystem and has become synonymous with Solana itself. With millions of active users, Phantom provides a seamless gateway to DeFi, NFTs, token swa...

Community Ratings

Ellipsis Labs is rated higher by the MadeOnSol community with 5.0/5 stars across 1 review, compared to 4.6/5 for Phantom (8 reviews). That said, ratings only tell part of the story — what matters most is which tool fits your specific workflow.

Pricing & Value

Ellipsis Labs uses a free model, while Phantom is free — Free to use. Built-in swap charges approximately 0.85% fee. Staking is free with standard validator commission.. Both tools are free, so cost isn't a deciding factor — focus on features and reliability instead.

Key Features

Ellipsis Labs offers 5 features including Fully on-chain, non-custodial central-limit order book, Phoenix Perpetuals futures exchange, Trades up to $8M with <1 bps price impact, and 2 more. Phantom counters with 8 features including Browser extension and mobile app with full feature parity, Built-in token swap aggregator powered by Jupiter for best prices, Native SOL staking with validator selection and rewards tracking, and 5 more. The right choice depends on which specific features matter for your use case — check the individual review pages for full breakdowns.

Reliability & Health

We monitor both tools around the clock for uptime, SSL validity, and response times. Ellipsis Labs currently has a healthy health status with 100.0% uptime over the last 30 days. Phantom is rated healthy with 100.0% uptime. For any tool you trust with your funds, trades, or yield, uptime and speed are non-negotiable.

Strengths

Ellipsis Labs's key strengths include true on-chain order book with tight execution, very low price impact even on large trades, non-custodial trading.