XStable has completed a multimillion-dollar seed funding round and has been selected for the Solana Solaris Accelerator to advance decentralized precious metal perpetual contract infrastructure development

By: theblockbeats.news|2026/01/12 07:50:13

BlockBeats News, January 12: Silicon Valley Web3 startup XStable announced the completion of a multi-million dollar seed round financing and was officially selected for the Solana Solaris Accelerator 2026 program. This round of financing was led by a joint investment from Singapore and Silicon Valley capital, with participation from multiple 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, using a high-performance on-chain order book and stablecoin settlement mechanism. It is currently in the public testing phase with 4 contract trading pairs including gold and silver. Its vision is to provide users with a fair, transparent, and secure precious metal derivatives trading experience through a decentralized mechanism. XStable's core team has industry experience operating a real-world precious metals exchange with a substantial trading volume, as well as 8 years of experience in Web3 infrastructure, decentralized trading systems, and Solana smart contract development.

The Solana Solaris Accelerator is an Asian blockchain startup support program initiated by the Solana Foundation and HackQuest, focusing on supporting paths such as the "securitization of real-world assets" perpetual contracts in 2026. XStable will leverage this ecosystem resource to further build an open and composable RWA perpetual contract engine.

The founders of XStable stated that this round of financing and ecosystem collaboration will accelerate protocol security and trading experience optimization, driving high-value RWA assets to enter the on-chain market in a decentralized manner. The project has now launched a new round of product iteration and will continue to deepen liquidity mechanisms, ecosystem collaboration layout, and seed user recruitment plans.

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