SLX will make landfall on Legion on the day of the winter solstice, December 22nd.

By: blockbeats|2026/03/29 22:06:12
0
Share
copy
Source: SLX

SLX will make landfall on Legion on the day of the winter solstice, December 22nd.


In the traditional financial system, government bonds and the money market form the core pillars of capital circulation. For Solana's "Internet Capital Market" to achieve scalable development, it also needs a stable and scalable infrastructure. Solstice was born in this context, positioned as the benchmark yield and stablecoin infrastructure layer in the Solana ecosystem.

USX is currently the largest native stablecoin in the Solana ecosystem, with a TVL of over $325 million, and was officially launched on September 30. It is becoming a key underlying asset supporting "internet-speed finance."

USX can be locked in the YieldVault to participate in Solstice's delta-neutral strategy. This strategy has been running privately for almost three years before its public launch. Despite a market-wide pullback of around 30% in October, the strategy has maintained a positive performance. Since the product launch, Solstice has distributed approximately $1.2 million in earnings to YieldVault users.

Solstice provides a critical financial module for the Solana ecosystem (with a total size exceeding $8.5 billion). For advanced users, it allows for more efficient and cost-effective use of mature strategy tools validated in the Ethereum ecosystem on Solana. For example, users can use USX as collateral to build DeFi positions or split eUSX (YieldVault position certificate) into PT/YT tokens for fine-tuned management. Solstice products are highly composable, with over $60 million TVL currently deployed in various ecosystem integrations.

SLX is the ecosystem token for Solstice and will officially launch on the Legion platform on December 22 (Monday).

This day coincides with the winter solstice—a moment symbolizing the retreat of darkness and the return of light.

About Solstice

Solstice is an institutional-grade financial infrastructure open to retail users.

· TVL surpasses $325 million

· Over $1 billion in assets staked across 7,000+ validator nodes

· Operational for four years, having weathered multiple market cycles

· Currently ranked 12th in TVL within the Solana ecosystem

Solstice, hatched by Deus X Capital, has not accepted traditional venture capital. The project has no VC allocations, discounted seed rounds, or early investor unlock schedules. This marks SLX's inaugural public sale, with all participants subject to the same terms.

Regarding transparency, Solstice employs a multi-verification approach: assets are backed by accountable independent zk proofs from Accountable; Ceffu and Copper provide monthly asset proofs; the smart contract underwent a security audit by Halborn.

Original Article Link

This article is contributed content and does not represent the views of BlockBeats.

-- Price

--

You may also like

AIDC, computing power leasing, and cloud: The "three-part thesis" of AI transformation in cryptocurrency mining farms

The "AI transformation" of cryptocurrency mining farms is not just a slogan; it is unfolding in three recognizable stages.

Futu has had all its illegal gains confiscated, reminding cryptocurrency exchanges

Even if foreign financial institutions obtain licenses abroad, as long as you are effectively providing financial services to residents in mainland China, Chinese regulatory authorities may evaluate your actions according to Chinese law.

Football, Web3 & Champions' Energy: A Recap of WEEX's LALIGA VIP Meetup in Barcelona

Relive WEEX's exclusive LALIGA VIP Meetup in Barcelona with football legend Fernando Morientes. From a fireside chat and on-site WEEX x LALIGA signing to partner awards and a live LALIGA match broadcast, discover how WEEX connected football culture, Web3, and community.

Pizza, Poker & AI Trading: A Recap of WEEX Crypto Pizza Day in Dubai

Relive WEEX Crypto Pizza Day in Dubai, where the MENA crypto community gathered at WEEX Dubai Studio to celebrate Bitcoin Pizza Day with pizza, poker, networking, and a live AI trading competition. Discover how WEEX turned a historic crypto milestone into a hands-on AI trading experience.

Why have foreign exchange stablecoins never taken off?

Rather than issuing a local currency stablecoin from scratch, it is better to build a layer of foreign currency pricing on top of a USD stablecoin, allowing users to enjoy the liquidity of the dollar while keeping accounts in local currency.

IOSG Founder: Please tell Vitalik the truth, let the OGs who have enjoyed the industry's dividends enlighten the young people

The wage earners freeze to death on the road, the sellers of goods die of thirst on the way. The weavers of brocade wear coarse cloth, and the grain growers do not have enough to eat.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com