Cosmos Bites #32: The Cosmos Hub has a native DEX!
Cosmos Bites #32: The Cosmos Hub has a native DEX!

Cosmos Bites #32: The Cosmos Hub has a native DEX!

  • Stride Swap – The IBC Eureka-powered DEX ⚛️

  • ICF investment, Stride's roadmap, and key features 🔥

  • IBC celebrates 4th anniversary 🌌

  • Intergaze Genesis Mints are live! 🪢

  • 70M $USDN issued on Noble 🪙

  • $MILK, $DGN, $ATC airdrops 🪂


Date

Apr 30, 2025

Stride Swap is coming to the Hub

  • The IBC Eureka DEX, purpose-built for the Cosmos Hub.

  • Handling bridge swaps for IBC Eureka.

  • Serving as the liquidity foundation for DeFi on the Hub.

  • Best venue for Eureka chains and apps on the Hub to host their liquidity.

Interchain Foundation invests in Stride

  • Stride Swap as the liquidity engine to grow IBC Eureka.

  • Driving the expansion of and supercharging IBC Eureka.

  • Powering the Hub’s service layer with multichain liquidity.

  • Stride will retain $STRD as its sole governing token.

Seamless Multichain Trading on the Hub

  • Supporting assets like ETH, SOL, USDT, USDC, ATOM, and more.

  • Stride Swap will have the best execution for IBC Eureka routes.

  • Offering pro trading features like limit orders, DCA, built-in vaults, custom hooks, and more.

Stride Swap Roadmap

  • Q2: Stride Swap launch

  • Early Q3: Advanced trading features like DCA, limit orders, vaults

  • Late Q3: Integrate Liquid Staking and Lending

  • Q4: Add Solana support => effortless Cosmos–Solana routing

  • 2026: More chains => wherever IBC goes next, Stride goes with it.

Learn more in their official blog post!

When Stride Swap?

Soon, Summer 2025!
Once the permissionless VM goes live on the Cosmos Hub.

Learn more about Stride Swap on their newly released website.

Vision, ICF Partnership, Cosmos Hub-native DeFi, and more.

Intergaze Genesis Mints are open

$70M $USDC issued on Noble

> 10K holders
> $300K yield paid out to users
> 4.2% APY

Happy 4th birthday IBC

  • First ever IBC tx between the Hub and Iris back in 2021.

  • Today, over 120+ chains are connected via IBC.

  • $1–2B+ monthly IBC volume in 2025.

  • IBC is connecting all Cosmos chains plus Ethereum, and soon with IBC v2, Solana and ETH L2 as well.

XRPL EVM Testnet is using IBC for interop

  • XRPL EVM users will be able to access all Cosmos assets.

  • Likewise, $XRP can be accessed from any Cosmos chain.

  • Testnet channels available for Osmosis, Hub, Elys, and soon Injective.

  • XRPL EVM = Ripple side chain.

$MILK Airdrop is Live!

  • 10% of total supply will be airdropped (100M $MILK).

  • 20% of the airdrop can be claimed at TGE (now!).

  • 25% after 3 months (must stake >10 $MILK).

  • 25% after 6 months.

  • 30% after 12 months.

Claim $MILK here: Milk Massdrop

Kosmic Quest is live on Dungeon Chain

  • $DGN can be traded on Osmosis and soon on Coinstore.

  • $DGN should be in your wallet
    => enable Dungeonchain in Keplr (check video)

  • Airdrop to all $ATOM stakers.

$ATC airdrop to $STARS stakers

All $STARS stakers can now claim the $ATC aridrop!

Claim here: astonic.io/claim-airdrop

Jennie NFTs have been airdropped

  • Initia Testnet users can now claim their Jennie NFTs on Mainnet.

  • Once you claimed the Jennie NFT, it should appear in your wallet.

  • Wallet => NFTs => Initia => Jennie NFT.

Check your eligibility here! airdrop.initia.xyz/jennie-check

That's it for today, thanks for reading folks.

We hope this article helped you stay up-to-date with the latest developments in the Cosmos ecosystem.

Disclaimer

This article is intended to educate readers about certain topics and should not be considered financial advice in any way.

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