Funding:
$18.3M
Tier:
A
ALEX Lab Airdrop
About ALEX Lab
ALEX Lab specializes in building DeFi primitives for developers aiming to expand the ecosystem on Bitcoin, using Stacks as an enabler. Focused on trading, lending, and borrowing of crypto assets, ALEX Lab employs Bitcoin as the settlement layer and Stacks for smart contracts. Its core Automated Market Making (AMM) protocol facilitates trustless crypto asset exchanges. Initially, ALEX Bridge supports USDC (ERC20) and xUSD (Stacks), with plans to add more support soon.
Why we choose ALEX Lab?
ALEX Lab stands out for its innovative approach to expanding Bitcoin’s DeFi ecosystem. With $18.3M in funding from backers such as CMS Holdings, Cultur3 Capital, DACM, DWF Labs, and Everest Ventures, it leverages Bitcoin and Stacks to enable trustless trading, lending, and borrowing of crypto assets. ALEX Lab’s focus on core DeFi primitives and its Automated Market Making protocol make it a compelling choice in decentralized finance.
