Roadmap update: $SODA added
Builders use @gosodax to ship cross-network DeFi applications across 18 networks. Leveraging intent-based execution and unified liquidity through a single SDK.
Explore the full roadmap: https://t.co/eI57JUnK24
Noticing a weird pattern lately:
Multiple wallets like Hana, X-portal or Beans are suddenly offering near-identical (double digit) stablecoin yield experiences.
Same idea:
• deposit idle USDC
• earn automatically
• all inside the wallet
That means that there's some infra they're all leveraging – and if you understand who sits there, you have the alpha.
So I started digging and it turned out that under the hood, a lot of these wallets are plugging into the same yield layer – @defindex_.
That's basically yield-as-a-service for wallets. With 1M TVL, they are growing fast.
Instead of every wallet reinventing strategies, risk management, and ops, they embed a common engine and focus on user acquisition.
Very interesting player to watch imo.
Planning on trying it in @hanawallet myself soon.
Quite a hidden gem, if you wish.
A month today since our VIP Dinner at KBW! 🥤
And what a time it's been:
🥤 new SDK partners @LightLinkChain & @AmpedFinance
🥤 SODAX Swap launched
🥤 First $1M of volume
Thanks to all the teams who made it a great event and inspired us since 🤝
.@BalancedDeFi proves our infrastructure works for power users. @hanawallet proves it works for mainstream adoption.
The real moment of inflection will be as more teams adopt the tech and build new, creative use cases on our foundations.
3 weeks down, 2 weeks to go.
Congratulations to all the winners so far.
If you registered for @StellarOrg Summer, you still have a chance to win a share of the $4,000 prize pool.
To increase your odds, hold onto your XLM-backed loan — but make sure to keep an eye on your risk.
DeFi and web3 participation has had people jumping through hoops. Often with a wallet (or more) for each chain.
For any protocol looking to grow their business multichain, there is now an overwhelming number of wallets to integrate. More development time. More upkeep. More diverse user support.
Developers can simplify their wallet integrations by leveraging the work done by @gosodax in the wallet SDK.
“Expand our application cross-chain? Think of all the wallet integrations we would need”
Tap into the optional wallet SDK 🥤
Connect the leading wallet providers with one seamless experience.
Story time on making arbitrage a public good through the SODAX Solver 📖
Before SODAX, I spent years building arbitrage bots. At peak, I was routing almost all the on-chain arb volume on ICON — scanning for price deltas, minimizing gas, managing latency across DEXs.
Registered for Stellar Summer and want to maximise your rewards?
There’s another $2,000 up for grabs every week for the next 4 weeks.
To be in to win, hold your $XLM as collateral and keep your loan open.
And use the Savings Rate to earn a return for $bnUSD while you wait.
Fragmented liquidity has long held DeFi back from reaching its full potential.
The @gosodax SDK changes that — enabling any dApp to access shared, cross-chain liquidity with ease.
No bridges to build. No gas logic to manage. Just plug in and scale. It’s composability, the way it was meant to be.
🧐What if @stripe existed for DeFi?
Picture this scenario:
Ali is a solo dev from Switzerland.
He wants to build a multichain yield optimizer, but has zero time to manually hook into 10+ chains.
With SODAX, he ships in 3 days. From smart contract logic to frontend UI.
Alpha👇
BREAKING 🔴🔴🔴
Israeli-linked hacker group “Predatory Sparrow” wiped out 95% of assets on Iran’s Nobitex crypto exchange.
Nobitex was reportedly used by Tehran to evade sanctions through crypto. Wallet balances plunged from $1.8 billion to just $100 million.
DeFi is freedom. DeFi is a commonwealth. SODAX is DeFi in its purest form. SODAX is collaborative, chain-agnostic.
With over 12 chains already integrated into @gosodax — spanning both EVM and non-EVM ecosystems — we’re building for users, not silos.
That’s why we’ve gone beyond Ethereum compatibility to support chains like Stellar ($XLM), Sui ($SUI), Solana ($SOL), and more.
If it matters to users, it matters to us.