Binance Alpha will become the first platform to launch Dexlab (XLAB) on August 29! On the 29th, there will be two Alpha airdrops. From public information, Dexlab has funding, publicly available team information, and reliable business, and is expected to be in phase two. The other CELB is a life saved by 200 points. Below is an introduction to Dexlab, all sourced from ChatGPT.

Dexlab is a decentralized token issuance and trading platform built on the Solana blockchain. Since its launch in 2021, it has provided Minting Lab (token factory), Launchpad, and exclusive DEX services for the Solana ecosystem, allowing users to create and trade SPL tokens with no code directly, while supporting advanced features such as limit orders, charts, and liquidity mining.

The platform has become the main entry point for Meme token issuance on Solana, with 95% of well-known Meme projects (such as Bonk, Slerf, Ponke) originating from here, creating significant trading volume and token economic influence.

Dexlab was founded in 2020, with its core team based in South Korea, including founder Dennis (CEO) and co-founders Ray and Hoon. Team members have extensive experience in blockchain, fintech, and product development.

In terms of funding, in June 2021, a total of 1.44 million USD was raised through seed and strategic investment rounds, accounting for 9.5% of total token supply; investors include over thirty institutions such as the Solana Foundation, Eco Serum, Parataxis Capital, Genesis Block Ventures, CMS, and NGC Ventures.

In July 2025, Astra Fintech acquired Dexlab for 10 million USD and renamed the platform token to $XLAB, positioning it as an enterprise-level token management infrastructure on Solana, while leveraging Astra's 100 million USD Solana fund, payment tool Banana Pay, and East Asia layout to accelerate expansion.