Xebra is a secure, capital efficient Leverage Protocol built on MVM.
The reason they building on Movement is that their tech team is already, heavily, ‘move-pilled’. We were one of the first few teams to deploy on Aptos/Sui and understood the power of a multi-threaded VM combined with an object ownership based architecture⚡️
For now, they launch on Testnet. How to get started?
Setup your wallet:
Install and connect your preferred wallet (e.g., Sui, Nightly, Razor).
Change network/Add Custom RPC:
For Sui Wallet: Go to Wallet Settings -> Network -> Custom RPC -> https://devnet.baku.movementlabs.xyz/
For Nightly Wallet: Change the network to ‘Movement Sui’
For Razor Wallet: Change the network to ‘Movement Sui Devnet’
Mint Testnet Tokens
Head to the Movement Faucet, input your Sui wallet address, and mint ‘MOVE’ testnet tokens.
Visit the Xebra Faucet, connect your wallet and mint Xebra testnet tokens.
After succesfully minted, you can go to xebra.trade and start to swap, providing liquidity and withdraw your liquidity. For now, I think the Xebra Trade have the best UI/UX as a DEX on Movement. Don’t forget to complete galxe task as a part of Movement Testnet.