Stabull Announces DEX For Stablecoin Trading On Base

Stabull Finance, a decentralized exchange for stablecoins and real-world assets, announces its official launch on Base, a Coinbase layer 1, according to TopNews. Building on its existing operations across other blockchain networks, such as Ethereum and Polygon, Stabull is bringing users optionality to onchain FX markets.

This addition brings seven new fiat-backed stablecoin pools to allow more swaps, making the DEX compatible with 16 stablecoins and 11 currencies in total. Each new currency is paired with USDC, enabling efficient, low-slippage swaps with 0.15% per pool, including: the Turkish Lira (TRY), Brazilian Real (BRL), Euro (EUR), Mexican Peso (MXN), Swiss Franc (CHF), South African Rand (ZAR), and more.

Core contributor Fran Strajnar expressed:

“We couldn’t be more excited to bring Stabull to Base. Base is not only fast and affordable - it’s rapidly becoming the go-to chain for real-world assets and stablecoin innovation. Their team deeply understands the importance of tokenized finance, and the ecosystem they’re building is exactly what the future of DeFi needs. This is a major milestone for Stabull, and just the beginning of what we plan to do on Base.”

The underlying infrastructure is supported by Chainlink's CCIP and Transporter.io for bridging, and specialized oracles for onchain prices. Stabull users will also be able to make use of the token $STABULL and its rewards, assisted by the company's partnership with Merkl, a DeFi platform for liquidity and yield.