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stabble secures $2.5M to remold Solana’s DEX landscape

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stabble, the first Solana-based protocol established to minimize financial loss by reducing operational costs, lands $2.5 million in a combined pre-seed, seed, and private funding round. Masterblox leads the funding with additional backing from Dynamic Labs, Founder Heads, Spicy Capital, DuckDAO, Marshland Capital, and ZEMU VC. Created by a team of DeFi veterans, stabble gives Solana users the tools to effortlessly swap assets, provide liquidity, and establish customized pools.

Despite the growing popularity of decentralized exchanges (DEXs), these platforms face significant challenges. While trading volume has grown substantially, issues such as price fluctuations can impact traders, leading to potential losses and diminished confidence in trading strategies. Liquidity providers also bear considerable risks, as they may incur losses due to crypto’s volatile market conditions. These factors contribute to a risky environment, highlighting the need for improved strategies within the ecosystem.

As a DEX, stabble tackles the challenges associated with liquidity by focusing on protocol-managed liquidity and arbitrage pools. Operating on Solana, one of the largest blockchain networks with a notably active user community, stabble introduces significant advancements in capital efficiency and risk management for the network’s infrastructure. In comparison to standard DEXs, stabble addresses key liquidity issues via:

Smart liquidity routing: A user must only deposit a single asset to access auto-rebalanced liquidity for multiple liquidity pools, saving time and transfer costs.
Smart liquidity arbitrage: stabble’s arbitrage strategy excludes external arbitrage bots and generates additional APY for liquidity providers.
Margin liquidity: stabble utilizes margin liquidity, a model more than 8,000 times more capital efficient than concentrated liquidity offered by other platforms such as Uniswap.

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Smart order execution: Orders with a price impact of over 0.2 percent will be split into fractional orders for expedited execution and settlement.

With the $2.5 million funding round completed, stabble will leverage these funds for product development, marketing, security audits, exchange listings, and enhancing liquidity for its token and protocol. After a 14-month devnet phase with over 40,000 active participants, stabble recently debuted its DEX mainnet for improved capital efficiency and risk management.

“stabble is dedicated to developing solutions that reduce the risk of financial loss on DEXs, all while enhancing the overall user experience,” said Kilian Krings, CEO of stabble. “Our recent funding grants our team the power to implement innovative solutions and features that address the challenges of traditional decentralized platforms. These tools will not only optimize capital efficiency but provide users with a more confident and accessible trading experience.”

“We are excited to help fuel the stabble team’s development during this crucial stage of growth,” says Jakub Chmielniak, COO of Dynamic Labs. “By focusing on Solana, an infrastructure and network with a dedicated community, stabble’s team of talented individuals are creating tools that truly make a difference for DeFi users. We look forward to witnessing their continued growth and impact on the crypto community.”

The post stabble secures $2.5M to remold Solana’s DEX landscape appeared first on HIPTHER Alerts.

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