On Wednesday, Stride was among the many teams who learned that the ICL was stepping away from its EVM plans for the Hub. Unfortunately, this means the Stride DEX can no longer launch on the Cosmos Hub.

While we’re disappointed with this news, we’re optimistic about the future. Stride’s remains a market-leading liquid staking protocol, generating upwards of $400k in annual revenue. We’ve also built a best-in-class multichain DEX.

In the coming days, we’ll explore all roadmap options available, including the possibility of launching the Stride DEX on a new chain.

Expect an update soon.