Blockchain
stabble secures $2.5M to remold Solana’s DEX landscape
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.
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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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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