Normal Finance looks back on 2025 as the year it evolved from a centralized product into a fully self-custodial, decentralized protocol on Stellar. The team wrote over 30,000 lines of production-grade Soroban smart contract code to build self-custodial wallets, automated market makers, a decentralized exchange, synthetic asset infrastructure, and fully customizable on-chain crypto index tokens. Other highlights include completing a comprehensive Halborn security audit backed by the Stellar Development Foundation, securing a Stellar Community Fund grant, and hosting community events across Denver, Bangalore, and Rio de Janeiro. Key team milestones included Jay Malve’s rise from engineer to CTO and the additions of frontend developer Niko Gorjan and creative director Jake Penzato.
