Bitcoin DeFi project ALEX said its post-exploit asset recovery process is complete, with legal issues resolved and no further recoveries expected. A governance proposal on next steps is set to be submitted within two weeks.
Stacks protocol completed the first trustless swap between Bitcoin and Stacks, enabling native BTC swaps for NFTs and digital assets. Co-founder Muneeb Ali called it a milestone, while the ALEX AMM project launched on Stacks offers fixed-rate lending and borrowing, pushing Bitcoin DeFi forward.
Stacks protocol completes its first trustless native Bitcoin swap using a Boombox NFT; co-founder Muneeb Ali calls it a milestone. The AMM project ALEX also launches, offering lending and liquidity services based on native BTC.
Stacks has completed a trustless native Bitcoin swap onchain, showing how pure BTC transactions can trigger verifiable smart-contract actions. The milestone arrived alongside the reveal of ALEX, an AMM project built around Bitcoin-based lending, borrowing, and liquidity functions.
ALEX Lab is a Bitcoin DeFi platform built on Stacks, offering lending, derivatives, and a launchpad. Its token ALEX has dropped 99.65% from ATH. This article analyzes its mechanisms, tokenomics, and market outlook.
ALEX Lab is a Bitcoin DeFi platform built on Stacks, offering lending, DEX, and Launchpad. The ALEX token is down 99.65% from its ATH but up 268.25% from its ATL. With a Wall Street team, it targets bringing traditional finance to Bitcoin ecosystem.
