Lumen Loop
All news
Articlemedium.comPendulum2y ago

Live on Pendulum: Spacewalk Bridge Unites Stellar & Polkadot

The Spacewalk Bridge is now live on the Pendulum network, enabling trust-minimized transfers of XLM and fiat-backed stablecoins like EURC, AUDD, NGNC, TZS, and BRL between Stellar and Polkadot ecosystems. Stellar users can trade XLM on Zenlink DEX and provide liquidity in pools such as XLM.s/PEN and XLM.s/DOT. Pendulum's Forex DEX powered by Nabla offers single-sided liquidity provision without impermanent loss, enhancing DeFi accessibility.

BridgesStablecoinsDeFi
Lumen Loop's take

Spacewalk Bridge has launched publicly on Pendulum's mainnet after nearly a year of development, connecting Stellar's fiat-anchored stablecoins and XLM with Polkadot's DeFi capabilities. Users can bridge assets like EURC, AUDD, NGNC, TZS, and BRL, with PEN as the fee token and initial volume caps for security. XLM holders gain access to Zenlink DEX pools on Pendulum (XLM.s/PEN, XLM.s/DOT) and Amplitude (KSM/XLM.s, AMPE/XLM.s) for trading and liquidity provision. Pendulum's Nabla-powered Forex DEX enables onchain forex trading with single-sided liquidity to eliminate impermanent loss. This integration promotes financial inclusivity, especially for emerging markets, and bridges traditional finance with DeFi on Polkadot's Substrate framework.

Mentioned projects
2 projects linked
M
MYKOBOFinancial Protocols
SCF
AnchorEUR

MYKOBO is a financial platform that facilitates seamless Euro transactions through EURC, a Euro-backed stablecoin issued by Circ…

View →
S
SpacewalkFinancial Protocols
SCF
BridgeMulti-Chain

The first bridge to Polkadot: giving Stellar users more access to the DeFi world.

View →