Balanced protocol is transitioning post-merger with ICON into SODAX on Sonic, with PARROT9 taking over the app. They've added Stellar support for intent-based trades, fixed bugs, and supported Stellar campaigns. Q3 plans include money market demos, full intent trades, and shipping Balanced v2.

In Q2 2025, PARROT9 advanced the Balanced app by adding intent-based trades on Stellar, designing a money market for v2, integrating SODAX SDKs, and fixing Stellar transaction issues. They published marketing pages for Stellar, Sui, and Arbitrum, and led phase one of Stellar’s Summer Rewards campaign. Following the merger, core backend shifts to SODAX, while PARROT9 focuses on frontend enhancements like widgets for cross-chain DeFi. Q3 priorities include public design sharing, money market demo, intent trades across chains, and launching Balanced v2 by early Q4.