Market Cap: $2.6547T -0.490%
Volume(24h): $63.6176B -34.680%
  • Market Cap: $2.6547T -0.490%
  • Volume(24h): $63.6176B -34.680%
  • Fear & Greed Index:
  • Market Cap: $2.6547T -0.490%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$83866.330841 USD

1.10%

ethereum
ethereum

$1813.856658 USD

1.17%

tether
tether

$0.999635 USD

-0.01%

xrp
xrp

$2.119598 USD

3.11%

bnb
bnb

$597.151856 USD

0.66%

solana
solana

$121.000827 USD

4.92%

usd-coin
usd-coin

$0.999962 USD

-0.01%

dogecoin
dogecoin

$0.169845 USD

5.02%

cardano
cardano

$0.659954 USD

1.59%

tron
tron

$0.238468 USD

-0.33%

unus-sed-leo
unus-sed-leo

$9.192940 USD

-3.85%

chainlink
chainlink

$12.887613 USD

1.16%

toncoin
toncoin

$3.312822 USD

-6.18%

stellar
stellar

$0.259431 USD

-0.16%

avalanche
avalanche

$18.154746 USD

0.32%

Cryptocurrency News Articles

Stabull Labs Completes RWA-Targeted DEX, Commencing Public Sale of Governance Token on ProBit Global Exchange

Apr 03, 2025 at 11:14 pm

Public sale of governance token commences April 16, with a listing to follow in May; near-term upgrades include Base chain integration, wallet expansion, and DeFi aggregator support.

Stabull Labs Completes RWA-Targeted DEX, Commencing Public Sale of Governance Token on ProBit Global Exchange

Próspera ZEDE, Honduras, April 3rd, 2025, Chainwire

Stablecoin and real-world asset (RWA) decentralised exchange (DEX) Stabull.Finance, operated by Stabull Labs LLC, is set to launch the public sale of its governance token, $STABUL, on ProBit Global Exchange (ProBit). The IEO will start on Wednesday, 16th April at 03:00 UTC.

Specialising in stablecoins and RWA’s, Stabull is a DEX that utilises off-chain price oracles to ensure accurate pricing of tokens within its pools. The platform currently supports a growing list of audited stablecoins and tokenised commodities—such as EURS, GYEN, NZDS, TRYB, and USDC on Ethereum, with broader support on Polygon, including BRZ, COPM, DAI, PAXG, PHPC, USDT, XSGD, and more.

The Initial Exchange Offering (IEO) will be conducted over three phases. Commencing with a 72-hour offering on ProBit’s Launchpad at a fixed price of $3 USD per token. The $STABUL token has a maximum supply of 10 million, with 20% locked in unsellable protocol-owned liquidity and 30% allocated to a 10-year Liquidity Mining Program— a structure designed to promote the long-term sustainability of the protocol.

The IEO follows six months of intensive airdrop campaigns that significantly stressed-tested the protocol and saw the platform process tens of thousands of transactions, facilitating over $3.7 million in stablecoin and RWA swaps across the 12 currently supported assets. As these campaigns conclude, the platform has now implemented its standard fee structure: 0.08% trading fees and 0.15% for converting an asset to another.

After the IEO, the $STABUL token will officially list on ProBit in mid-May—enabling the team to rapidly accelerate protocol and dApp upgrades, expand the number of available pools, and continue building out the premier DeFi platform for discovering, swapping, and earning yield on audited stable assets.

Expanding the Stabull Ecosystem

As part of its 2025 roadmap, Stabull Labs has outlined several key upgrades to be completed by the end of Q3:

Integrate the Base chain to provide lower transaction fees and broader participation.

Add support for 10-15 more stable assets and expand the dApp to support more use cases, including derivatives and DeFi aggregator support.

Complete the development of Stabull’s institutional-grade, multi-signature wallet to enable bulk asset management.

“We’re excited to partner with ProBit Global’s Launchpad for the public sale of the $STABUL token,” said Fran Strajnar, Core Contributor at Stabull Labs. “This launch represents over two years of focused work to deliver a DEX purpose-built for stablecoins and real-world assets.”

For more information on the $STABUL IEO, users can visit the ProBit launchpad. More information about the platform is available at https://stabull.finance , users can explore the DEX at https://app.stabull.finance or read through the documentation and whitepaper for the platform at https://docs.stabull.finance. Users can also follow Stabull on X and Telegram or talk with the team on Stabull’s Discord Server.

About Stabull Finance

Stabull Finance offers a proactive Automated Market Maker (AMM) on the Ethereum and Polygon networks, supporting a growing portfolio of real-world assets (RWAs) and fiat-backed stablecoins. It aims to provide essential infrastructure for the FX and Web3 ecosystem, facilitating the trading of non-USD stablecoins and other RWAs with low execution costs, instant settlement, and efficient capital-efficient liquidity provision.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 06, 2025