🌿 Focused on nurturing innovation, the Fund is set to propel projects building on the ALEX Layer. 🛠️🌐
📈 Our ambition? Spark a dynamic cycle of growth and expansion in the ecosystem.
https://t.co/fgw6pBl1z1
🧵 ALEX: Pioneering the Integration of Bitcoin, DeFi, and Traditional Finance
A thread on how @ALEXLabBTC is building the infrastructure to position Bitcoin as the settlement layer for the next generation of finance.
👇
Humbled by the ALEX community’s unwavering resolve and the team’s relentless drive after last May’s Lazarus hack. Spring is here, and your support keeps this recovery alive—thank you.
ALEX Asset Recovery Update | March 26, 2025
Dear ALEX Community,
We are deeply grateful for your continued support. Below is the latest update on our ongoing asset recovery efforts:
🔸 Protocol Revenue Insights
Since December 18, 2024, the ALEX protocol has generated 138.12K STX in revenue (an increase of 55.01K STX compared to our last security update a month ago).
🔸 Recovery Efforts Progress:
We have successfully recovered stolen funds from 7 CEXs; totaling up to 998,874.82 STX, 42,691.84 USDT and 1.27 ETH to date.
Bitget: 274,884 STX
LBank: 58,345.5 STX + 188,972.37 STX
Swapspace: 322,657.69 STX
MEXC: 16,087 STX
Phemex: 16,000 STX
Bitrue: 42,153.769 STX
Others: 25,254.38 STX (Distributed in Q4, 2024)
The total recovered STX amount that will be distributed at the end of Q1 will be around 1,057,220.32 STX (including USDT and ETH which was converted to STX).
We are still actively recovering more stolen assets and expect to receive more updates after March.
🔸 Court Order Advancements
Since our last update on February 25, 2024, our collaboration with legal teams and CEX partners has continued.
Following the court order issued on February 24, 2025, 7 out of the 15 CEXs have successfully returned recoverable funds as mentioned above.
As for the remainder, we are still in active discussions with the other 8 CEXs to ensure the recovery effort proceeds smoothly (mostly involving verification and authentication tasks).
These discussions have been received positively by all parties, and we expect more recoveries to come through soon in Q2.
🔸 Complete Silence in Attacker Activity
Similar to our last update on February 25, the attacker has not made any transactions from the wallets we continuously monitor.
🔸 Introduction of DAMM for ALEX Liquidity Provider
We will be introducing DAMM in Q2. The DAMM feature will enable existing or new liquidity providers in ALEX to potentially earn more fees through customizable, unique LP strategies.
We believe this will increase trading volume and liquidity provision on ALEX, which will support the recovery effort for affected users.
- The ALEX Lab Foundation Team
🔄 The #Bitcoin Renaissance is coming, but not how you think.
What if instead of wrapping BTC and sending it elsewhere, we brought DeFi TO Bitcoin?
With stablecoins coming to Bitcoin, the next evolution isn't about BTC leaving—it's about everything else coming home.
Thread 👇
It’s almost a year now. We’ve been making tiny steps and small progress. We finally obtained a strong court order from the judge, which prompted all the exchanges to take it seriously. Fingers crossed for the rest of the negotiations.
⚡️ ALEX DAMM: Discrete Automated Market Maker ⚡️
That's one small step for ALEX, one giant leap for Bitcoin DeFi 🚀
🧮 DAMM brings concentrated liquidity to @Stacks, merging our AMM DEX with the ALEX Orderbook 🤝
📚 Details are on our Medium 🔗 https://t.co/83HtAFxbiL
💡 DAMM introduces several cutting-edge features that distinguish it from earlier AMMs and make it more powerful and user-friendly.
Key Innovations:
🔸Discrete Liquidity Bins
🔸Virtual Balances (Smoother Price Curves)
🔸Improved Position Management
🔸Flexible Fee Structure with LP Incentives
🔸Advanced Swap Mechanics (IOC/FOK orders and more)
🧑🔬 For the mathematical details see our Whitepaper 👉https://t.co/1d9mWfN4Bb
Stay tuned for the official launch! 👀
🔥 ALEX is executing, not just talking.
In our 2025 roadmap, we committed to integrating AI to simplify DeFi:
"AI-powered smart contracts will make trading, lending, and liquidity management more intuitive—removing barriers for everyday users."
That future is happening NOW.
💡 How to onboard your mom to DeFi? AI + ALEX makes it simple—no complex wallets, no confusing steps. Just tap, stake, and earn.
📽️ This is how the future looks 👇
From seamless swapping/staking to intelligent automation, DeFi is becoming effortless and accessible for all. #BitcoinDeFi #ALEXAI
It’s shocking to see the Solana leader @toly’s insensitive comment.
DeFi is inherently cyclical—much like traditional financial systems. Historical crises, such as the 2008 subprime meltdown, show that deleveraging after bubbles can be a self-cleansing process. These events weren’t seen as the end of an era but rather as opportunities for rebuilding.
Even after the Luna collapse, builders remained hopeful, driven by ongoing innovation in the industry. However, as a builder myself, I sometimes feel lost and even hopeless due to the distorted focus on nonstop meme coin issuance.
The claim memes aren’t “contagious,” but they are—especially when influential figures believe they can launch tokens without accountability while exploiting communities.
Bitcoin ↔ Ethereum L2s: Scaling Bitcoin DeFi with XLINK
Ethereum L2s like @base , @arbitrum , and @0xPolygon offer faster, low-cost transactions, and XLINK bridges Bitcoin liquidity into these ecosystems seamlessly.
🔹 Chain Type: Ethereum L2s
🔹 Assets: $aBTC
🔗 Key Platforms & Opportunities:
1️⃣ @MorphoLabs (Base): https://t.co/LYlyvj1lM1
- Bridge BTC/aBTC to Base and receive cbBTC.
- Use cbBTC in Morpho vaults to earn APY through optimized lending.
2⃣ Camelot Exchange (Arbitrum): https://t.co/RRNjp2dDVG
- Add liquidity to pools for fee rewards.
- Trade aBTC on Camelot.
💡 What to Do:
- Use XLINK to bridge Bitcoin to Ethereum L2s as aBTC.
- Provide liquidity or stake aBTC on Base, Arbitrum, or Polygon to earn fees.
- Explore yield generation by depositing cbBTC in Morpho vaults or participating in farming.
Stay tuned for how XLINK unlocks Bitcoin liquidity across next-gen chains!
#BitcoinDeFi
🌐 Big News for Bitcoin DeFi: USDT @tether on Bitcoin, and XLink is Ready! 🚀
Bitcoin DeFi is finally here! With USDT as a Taproot Asset and XLink/@ALEXLabBTC fully integrated, users gain access to a stable, scalable DeFi ecosystem powered by two key assets:
1️⃣ Bitcoin (BTC) as the core value asset
2️⃣ USDT as the stablecoin driving trading, lending, and payments
🔍 Why This Matters
USDT issued directly on Bitcoin enables:
Seamless, trustless transactions, Lower fees AND Instant payments via @lightning .
This opens Bitcoin DeFi use cases for exchange, lending and payments while keeping everything on Bitcoin. No more bridging or via CEXes.
🔗 Why Xlink is important
XLink is the infrastructure that connects USDT, BTC, and Layer 2 solutions, enabling direct access to DeFi markets, all permissionless.
🛠️ What’s in It for You?
🔸 Earn Yield with Your USDT
Convert your USDT into aUSD, a Bitcoin-native stablecoin backed by USDT, and earn yield through lending and liquidity mining—all while staying on Bitcoin.
🚀 The Future of #BitcoinDeFi
With $BTC and $USDT as its pillars, Bitcoin DeFi is set for exponential growth. The store of value is now a functional financial system!