lofingv

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.

Stride revenue fuels ATOM and STRD

SUMMER 2025
DEX goes live
Eureka integration: Skip:go will use Stride’s liquidity
Multichain UX: No deposits / withdraws for swapping anywhere within Cosmos and Ethereum
Pay gas in any token

Q3 2025
Advanced trading features
Dollar cost average: Enter/exit positions over specific time window, automatically
Limit orders: Set a buy/sell price and it’ll automatically execute when that price is hit
Programmatic fees: Revenue share for partnerships, variable fees, and more

Q3 2025
Integrate Liquid Staking & Lending
Smart LST swap routing: Always get the best price when interacting with Stride LSTs
DEX <> LST fee sharing: Direct fees from LSTs and their corresponding pools back and forth to increase liquidity, or maximize yield
Idle LPs earn yield: If your position goes out of range, it will be converted to an LST or supplied on a lending market to keep earning yield

Q4 2025
Add Solana Support
Swap from/to Solana
Phantom + Backback: Key Solana wallets supported
SOL and SPL-20 listings: We’ll list SOL, BONK, WIF etc.
Internalized LST arbitrage: The DEX can mint and trade automatically to keep the LSTs pegged

2026
Add more ecosystems
10+ new blockchains: Stride will support new blockchain ecosystems as they are added to IBC v2 throughout 2026

Liquid staking unlocks idle capital and powers DeFi.

@stride_zone makes it easy to tap into that power. And with Numia’s API, every key metric is just an endpoint away.

Redemption rates, TVL, yield curves… It’s all structured, accessible, and ready to attract the next user.

500,000 STRD have been burned over the last 3 months. That’s 0.5% of the max supply.

As a reminder, 80% of Stride’s protocol fees are used to buy back and burn STRD daily, with DEX fees set to be enabled after launch!

A governance proposal was just posted to authorize @BakerDAO420 to acquire Stride's stBGT. This proposal will let Stride fully focus on Cosmos and Stride DEX.

Incubated by @kodiakfi and @eatsleepyeet, BakerDAO will continue to grow stBGT and will profit-share with Stride 👇
With over 160,000 minted, stBGT remains one of the largest BGT LSTs.

However, continued maintenance would divert resources from Stride’s new core focus: the DEX. Transferring stewardship to a capable Berachain-native team is a logical next step. This is where BakerDAO comes in.

BakerDAO is incubated by @kodiakfi and @eatsleepyeet two well-known and highly competent teams in the Berachain ecosystem. Both teams have a deep understanding of Berachain and POL mechanics, and are well-suited to take over stBGT operations to ensure its ongoing success.

In exchange, Stride will receive 20% of all BakerDAO profits, all of which will be used to buy back and burn STRD. This includes profits from stBGT, as well as all of BakerDAO's other products.

Transferring stBGT to BakerDAO is a strategic move for Stride. It passes off operational burden to a highly competent team, allows Stride to double down on the DEX and Cosmos Hub, and turns a non-monetized product into a new revenue stream with strong upside potential.

Read the full proposal: https://common.xyz/stride/discussion/1276368-proposal-transfer-ownership-of-stbgt-to-bakerdao

Cosmos token staking APRs

ATOM: 16.57%

OSMO: 12.18%

Leveraged staking APRs with Stride and @mars_protocol:

ATOM: up to 52.56%

OSMO: up to 34.62%

Excited to announce total transparency for the Stride token.

Token transparency is critical for tokenholders. They are often in the dark about token supply, insider influence, revenue claims, and so much more.

But, there are no standards for what and how information should be disclosed. The space has struggled from this. Investors are rightfully skeptical about the projects they see.

Until now.

Blockworks has put forth a landmark framework, taking input from thought leaders, projects, and the SEC.

This provides a clear path for protocols to be transparent with their community, and for tokenholders to better understand projects.

Stride is proud to be one of the highest scoring protocols in Blockworks’ initial cohort. Stride has always been transparent, putting the community first.

Hydro Round 7 just ended, with an average voter reward APR of 35%
🌊

Congratulations to @stride_zone, @dropdotmoney, @AmuletFinance, @phoenix_dir, and @shade_protocol on the winning ATOM bucket bids!

A bull case for ATOM in 2025 --

The ICF is now a live player. s-tier @0xMagmar @BPIV400 + 40 more teammates working on PMF for the Cosmos Hub, 10+ years of runway.

ATOM has also been grandfathered into a market structure where it'd float around in the top 100 forever, even if the ICF did nothing.

Heads you win, tails you're flat.

Stride LST fees are used to buy back and burn STRD. Here’s a breakdown of how the top LSTs contribute to fees:

🥇
stATOM - 64.6%

🥈
stOSMO - 17.7%

🥉
stTIA - 10.1%

Heads-up: Temporary Pause for staked ATOM → stATOM (LSM) Liquid Staking
🚨

The Cosmos Hub will have an upcoming software upgrade that disables the LSM and migrates to a new x/liquid module.

This will break LSM liquid stakes on Stride, so this feature will be disabled starting June 8th, and then reenabled with the upcoming Stride v27 chain upgrade.

We’ll keep you posted soon as the Stride v27 upgrade is scheduled and staked ATOM can be converted to stATOM again.

Good news: Unstaked ATOM (i.e., ATOM sitting in your wallet) can still be liquid staked on Stride at any time!

Thank you for your patience!

Airdrop Alpha for stakers:

Mainnet coming soon + airdrop snapshot is around the corner. Make sure you have min $100 of the following assets staked before the snapshot:
• $FLIX – @OmniFlixNetwork
• $OSMO – @osmosiszone
• $ATOM – @cosmoshub
• $OM – @MANTRA_Chain
• $ARCH – @archwayHQ
• $STARS – @StargazeZone
• $ELYS – @elys_network
• $STRD, $stATOM, $stOSMO, $stSTARS– @stride_zone

Symphony will also reward early users with yield-bearing stable-coins pegged to $USD, $XAU, $CNY, $RUB & $INR.

It’s the not so distant future. IBC Eureka connects the Cosmos Hub with every chain. You can trade anything, anywhere with Stride.

Which IBC tokens are you trading?

$BTC $ETH or more?

Share in the comments👇

BlockHunters Voices Episode 41

In this episode, we chat with @shellvish, co-founder of @stride_zone, the pioneering liquid-staking protocol now evolving into the IBC-powered DEX for the Cosmos Hub.

From launching first-to-market LSTs to architecting a cross-chain liquidity engine, Vishal shares insights on discipline, protocol design, and the future of DeFi in Cosmos.

Chapters:

01:46 Vishal’s pre-Stride background & crypto origin story
04:02 Liquid-staking battle: Stride vs. Quicksilver
04:55 Why Cosmos?
08:05 Stride protocol overview
09:06 Yield-supercharged LPs on the Stride DEX
10:19 Multichain trading via IBC Eureka vs. bridges
11:19 Standout features of the new DEX
13:55 Liquid staking as a DEX “superpower”
18:17 Bootstrapping initial DEX liquidity
20:43 Attracting traders & trading volume
26:06 From L1 to consumer chain: Cosmos Hub alignment
28:18 Stride as the liquidity foundation for Cosmos Hub DeFi
32:00 Balancing neutrality with Hub integration
33:00 Next 6–12 months: DEX & LST roadmap, $STRD outlook
35:10 Co-founder challenges, routines & influences
40:06 Rapid-fire questions

x.com/BlockhuntersOrg/status/1924803380490260960

Got a Bad Kid(top NFT collection on ATOM)? Give them a Stride bucket hat with the new @badkidsart bucket hatifier

The hat stays on until the Stride DEX launches this summer. Visit this link and post your bad bucket hats below.
👇

https://moonyandfriends.github.io/hat.github.io/ (hat tip @moonyandfriends)

Come listen to @RoboMcGobo and @joe4deadcat talk through the ATOM renaissance and why protocols like Stride are so eager to take part.

👇

https://x.com/stride_zone/status/1922732151843270995

Stride’s DEX will sit at the heart of a massive ecosystem of applications.

Hosting liquidity on Stride will get you access to all of them. Integrate once. Scale infinitely.

Powered by the Cosmos Hub(ATOM) and IBC Eureka.

You shouldn’t have to set up a new wallet to use a new product.

Stride’s DEX will support everyone’s favorite multichain wallets at launch, including:

- @MetaMask
- @keplrwallet
- @leap_wallet
As well as most popular cryptocurrencies, ETH SOL ATOM - and more!

Stride is for everyone

Chorus One's latest article captures the essence of the Cosmos Hub's new vision:

Cosmos has always been one of the most fascinating ecosystems for its innovation, but $ATOM has consistently struggled to capture value from the activity and technology built around it.

Now, with the acquisition of Skip, and with @0xMagmar and @BPIV400 leading the charge at Interchain Labs, I’m definitely bullish on ATOM and the clear vision and direction they’re bringing to the Hub.

Our thesis is simple:
1. Interchain Labs’ new mandate is to position the Cosmos Hub as the main growth engine and liquidity center of the ecosystem. This marks a significant strategic shift, with ATOM evolving from a governance-focused token, to the core asset driving value capture across the entire stack.

2. IBC is already one of the top 5 bridging solutions by volume, generating around $1B in monthly activity and connecting the most chains (119), even before integrating with major ecosystems like Ethereum and Solana. IBC Eureka aims to further increase demand for ATOM by routing more traffic through the Cosmos Hub, positioning it as the central hub for interchain economic activity.

3. @stride_zone is building a new DEX optimized for IBC Eureka. This product will serve as the foundation for onboarding, bridging, and seamless asset movement across Cosmos and external ecosystems like Ethereum, Solana, and others. With all activity bringing value back to ATOM.

4. The Cosmos Hub is becoming a general-purpose chain that will compete with major L1s. The market has consistently shown that general purpose L1s are the main drivers of value creation. An L1 needs apps and activity. Cosmos apps such as @StargazeZone are considering to move to the Cosmos Hub.

This is a turning point for the Hub. By consolidating applications on a unified execution layer, the Cosmos Hub has a real opportunity to increase activity on its L1, strengthen ATOM’s value capture, and compete with major L1s.

300K STRD(The IBC Eureka DEX. Purpose-built on Cosmos Hub. ATOM) has been burned in the last 8 weeks

With Stride’s DEX launching soon, how do you think the burn rate will change in 2025?