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News March 27, 2025

EquitX Launches on Testnet: Pioneering Synthetic Assets Platform on Stellar

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EquitX has launched its platform on Stellar’s testnet, focusing on synthetic assets that mirror small-cap stock performance to enhance liquidity and accessibility. The launch includes a Zealy campaign to gather community feedback and reward active contributors. Key development areas involve designing tools for asset onboarding, blockchain indexing, automatic liquidation using Soroban smart contracts, and integrating with Stellar’s DEX for optimal trading conditions. EquitX aims to leverage Stellar’s transparency and scalability in these systems. The platform will also develop an analytics tool for real-time insights, applying Stellar’s transaction data, and complete its UI/UX to support trading, governance, and analytics functionalities. The overall effort spotlights the Stellar blockchain’s role in improving transparency and efficiency in the synthetic assets market.