The Elixir price is currently $ 0.000651 with a 24-hour trading volume of $ 0.00 across 0 exchanges. The ELIX price is down 0.00% in the last 24 hours. Elixir reached its highest price on January 9, 2018, when it was trading at its all-time high of $ 2.76. It has a circulating supply of 35.49M ELIX.

Elixir is a lending platform with its own ELIX token that’s used to analyze financial transactions. Individuals are rewarded in the form of tokens for paying off loans on time. The Elixir platform effectively eliminates the need for brokers. Elixir is built on the Ethereum blockchain and the supply of ELIX tokens is to be introduced gradually.

The Elixir protocol uses smart contracts that are based around child addresses tied to regular Ethereum addresses. These allow each user to create 10 batches of tokens used to facilitate financial transactions. Elixir was launched without much fanfare but has since started to attract interest following its cryptocurrency exchange listing.