Spectra deployed on Stellar in Q3 with order book infrastructure, enabling fixed-term markets for institutional assets. Highlights include support for Coinbase Tokenized Stocks, treasury fund trading, and zero SPECTRA emissions transition. Order book expansion to EVM networks planned by end of 2026.
Spectra, a multi-chain yield protocol, launched on Stellar in September 2026 with an order book for fixed-term markets, giving institutional traders a cost-efficient alternative to AMM pools. The quarter saw multiple product launches: support for Coinbase Tokenized Stocks, Centrifuge treasury fund (JTRSY) markets, collateral integration on Mystic lending, and OTC trading. Spectra also implemented zero emissions tokenomics through SGP-20, ending SPECTRA token minting while maintaining veSPECTA governance and converting to protocol fee revenue. The roadmap includes order book expansion to EVM networks by end-2026, curator tools, and tokenized stock dividends in Q4.
