Stellar Ecosystem
News

DIA has deployed its price oracle infrastructure on Stellar's Soroban testnet, enabling developers to build DeFi applications with real-time market data feeds. The deployment was supported by a Stellar Community Fund award and provides access to price feeds for over 2,500 cryptocurrency tokens.

Huma Finance published a detailed breakdown of the PayFi Stack, a six-layer framework for blockchain-based payment financing inspired by the OSI model. The framework addresses limitations in traditional finance by enabling real-time, programmable, borderless payments through structured layers covering transactions, currencies, custody, compliance, financing, and applications.

Balanced Network has launched wrapper-free BALN and sICX tokens across multiple chains including Stellar, enabling seamless holding, swapping, and transferring. Previously limited to ICON, these tokens now reduce friction for users on Arbitrum, Avalanche, Base, BNB Chain, and soon Optimism. Upcoming features include cross-chain liquidity, rewards, and governance.

Balanced, a cross-chain DeFi app on ICON, has integrated Solana as its 11th blockchain connection, enabling users to swap SOL, transfer assets cross-chain, use SOL and JitoSOL as collateral to borrow bnUSD, and supply liquidity on ICON. This expands Balanced's reach to Solana's 5 million daily active users with audited smart contracts and low fees. The integration leverages ICON's GMP protocol, which also connects to Stellar and other chains.

Balanced, a cross-chain DeFi app, has launched on the Stellar blockchain, enabling users to swap XLM for assets on other chains, use it as collateral to borrow bnUSD stablecoin, and transfer to ICON for liquidity provision. The integration includes a Stellar Community Fund grant, audited smart contracts, and fast, low-cost transactions. It leverages ICON's GMP for seamless interoperability.

Stellar's DeFi ecosystem reached a record $61 million TVL on November 24, more than 150% above its mid-November peak, driven by surging XLM prices and growth across DEXs like Aquarius, LumenSwap, and Soroswap, plus the lending protocol Blend.

A detailed recap of Meridian 2024's Dev Underground stage in London, where 80+ Stellar Community Fund winners pitched their projects over two days in a casual, collaborative environment. The article highlights standout projects, community collaborations, and the vibrant energy of builders across the Stellar ecosystem.

USDx stablecoin from FxDAO protocol is now live on Soroswap Finance, the first DEX on Soroban Blockchain, with a $190,000 TVL liquidity pool for the XLM/USDx pair. Users can issue USDx by locking Lumens as collateral in FxDAO vaults for liquidity without selling assets. The article guides on acquiring, swapping, and providing liquidity for USDx on Soroswap.

Hana Wallet now integrates Soroswap, allowing users to easily swap Stellar tokens like XLM and USDC directly from their mobile devices. The article provides a step-by-step guide to installing Hana Wallet, setting it up for the Stellar network, and accessing Soroswap via the app's DApps directory. This enhances decentralized finance accessibility on the Soroban ecosystem without KYC requirements.

At the October 2024 EasyA x Stellar Meridian Hackathon, PaltaLabs won 3rd place with Payroll Genius, a tool that digitizes employment contracts and salary management. It lets SMEs earn yield on salary reserves via Soroban DeFi while giving employees access to collateralized loans.

zkCross Network announces Super Accounts on Stellar, powered by their Chain Abstraction Layer, enabling seamless 1-click cross-chain DeFi transactions without bridging or gas management. This integrates zkCrossDEX with Stellar's Soroban blockchain, supported by a Stellar Community Fund grant. The phased roadmap includes AMM DEX, staking, launchpad, and perpetuals trading.

Etherfuse, a real-world asset tokenization platform, announced it will join the Stellar network in 2025, bringing its Stablebonds product to the ecosystem. Stablebonds function as on-chain savings accounts backed by government bonds, offering inflation-resistant returns.

Stellar DEX offers zero-fee trading, providing a significant edge for strategies like scalping and arbitrage by eliminating percentage-based costs that erode profits on other exchanges. Minimal network fees of 0.0001 XLM ensure negligible impact, while AMMs enhance liquidity on key pairs like XLM/USDC. The article highlights pros, cons, and tools like Chartui to maximize trading potential.

Chartui is a new customizable trading client designed specifically for the Stellar Decentralized Exchange (DEX). It offers real-time prices, charts, order books, trades, multi-pair monitoring, and multi-account management. Traders can personalize layouts, widgets, and analysis tools to enhance their Stellar DeFi experience.

Soroswap, the first DEX on Stellar blockchain, evolved into an AMM aggregator to combat fragmented liquidity. They partnered with PaltaLabs for development and Runtime Verification for auditing via the Stellar Audit Bank program. The audit enhanced security and provided key insights like using deployer contracts.

A Bolivian woman shares her educational journey through a Stellar-focused bootcamp organized by Women Biz community, where she learned DeFi fundamentals, created her own token, and developed blockchain-based project ideas for cultural tokenization and decentralized entrepreneurship.

Soroswap Finance introduces a new protocol selection feature allowing users to manually choose between Soroswap AMM and SDEX for optimal swaps on the Stellar network. By default, it automatically selects the best protocol based on current prices. This enhances flexibility and control for traders using Soroban's liquidity pools and Stellar's classic DEX.

ClickPesa has launched the ClickPesa Debt Fund, a DeFi lending facility built on Stellar and powered by Soroban smart contracts, designed to provide financing to SMEs and women-owned businesses across Africa. The fund's SME I Pool uses Script3's Blend protocol and offers up to 12% annual interest with quarterly repayments, backed by ClickPesa Collateral Tokens (CPCT) pegged to real microfinance loan books.

The article explores the rising potential of non-USD stablecoins in DeFi, highlighting their role in global financial inclusion and cross-border payments. It discusses EVM-compatible chains and projects like Spacewalk, which bridges Polkadot and Stellar ecosystems, alongside Vortex for fiat conversions. These innovations promise efficient on-chain FX markets and reduced reliance on traditional systems.

zkCross Network announces its oversubscribed seed and strategic funding rounds, backed by investors including Stellar, ahead of a $2.6M public sale. The project offers chain abstraction infrastructure to simplify cross-chain DeFi with features like messaging systems, liquidity aggregation, and decentralized protocols. A detailed roadmap outlines expansion across blockchains, targeting massive user growth.

Soroswap.Finance, the first DEX on the Soroban Blockchain in the Stellar ecosystem, announces the listing of $NGNC, a Naira-pegged stablecoin natively supported on Stellar. This enhances liquidity, FX utility, and cross-border payments for Nigerian users. Users can trade, add liquidity, and swap NGNC with assets like XLM, BTC, ETH, and USDC.

The xRF token, utility cryptocurrency for the Reflector Oracle Network, is now available on Soroswap.Finance, the first DEX on the Soroban blockchain. It enables governance, rewards for node operators, and subscriptions for price feeds. This integration leverages Stellar's ecosystem for efficient DeFi trading.

Phoenix is a DeFi hub being built on Stellar's Soroban smart contract platform. The explainer video covers what Phoenix is and its role in the Stellar DeFi ecosystem.

Phoenix DeFi Hub has launched on Stellar's Soroban smart contract platform, starting with a decentralized exchange in May and planning an NFT marketplace and additional protocols. The platform aims to be a comprehensive DeFi solution leveraging Stellar's on/off-ramp infrastructure and stablecoin ecosystem.