BlockBeats News, January 12 — Silicon Valley Web3 startup XStable announced the completion of a multi-million dollar seed round financing and officially joined the Solana Solaris Accelerator 2026 program. The round was led jointly by Singapore and Silicon Valley capital firms, with participation from several Web3 and fintech institutions. The funds will be used for protocol development, system security, and global ecosystem expansion.
XStable is the first decentralized trading engine on Solana focused on precious metal perpetual contracts, utilizing high-performance on-chain order books and stablecoin settlement mechanisms. It is currently in public testing, offering four contract trading pairs including gold and silver. Its vision is to provide users with a fair, transparent, and secure trading experience for precious metal derivatives through a decentralized mechanism. The core team of XStable has industry experience operating real precious metal exchanges and achieving significant trading volumes, along with 8 years of background in Web3 infrastructure, decentralized trading systems, and Solana contract development.
The Solana Solaris Accelerator is a blockchain startup support program initiated by the Solana Foundation and HackQuest in the Asia-Pacific region, with a focus on supporting sectors such as RWA assets and “perpetual contractization” in 2026. XStable will leverage these ecosystem resources to further build an open and composable RWA perpetual contract engine.
XStable founder stated that this round of financing and ecosystem collaboration will accelerate protocol security and trading experience optimization, promoting high-value RWA assets to enter on-chain markets in a decentralized manner. The project has already launched a new round of product iteration, with plans to continue deepening liquidity mechanisms, ecosystem cooperation, and seed user recruitment.
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