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Stabble Airdrop

Review release date: 1/31/2025

Stabble is a Solana-based AMM tackling DeFi’s biggest hurdles. By integrating protocol-managed liquidity and on-chain arbitrage, it reduces impermanent loss and boosts yields. Margin and virtual margin liquidity drive capital efficiency for all risk profiles. With smart liquidity routing and an intuitive UI, Stabble delivers fair trading, strong APYs, and a user-friendly experience

blockchain iconblockchain
Solana
Category iconCategory
DeFi, DEX
Airdrop Date iconAirdrop Date
Q2 2024
Market cap iconMarket cap
-
KYC iconKYC
No
Project age iconProject age
> 2 years

Project Review

Problem Solved

Stabble targets multiple pain points in today’s DeFi environment, primarily impermanent loss, inefficient liquidity, and fragmented liquidity management. Traditional decentralized exchanges can suffer from capital inefficiencies, large pools often remain underutilized, leading to low APYs for liquidity providers. External arbitrageurs exploit price discrepancies within and across exchanges, taking profits at the expense of liquidity providers and compounding impermanent loss issues.

By introducing protocol-managed liquidity and internal arbitrage mechanisms, Stabble significantly reduces the impact of external arbitrage. This approach allows liquidity providers to capture a portion of the arbitrage profits while stabilizing liquidity pools. Smart liquidity routing further automates and diversifies liquidity provision, reducing the manual overhead for participants and mitigating risks associated with volatile markets. Moreover, the platform’s margin and virtual margin liquidity features are specifically designed to improve capital efficiency—reportedly up to 8,000 times more efficient than concentrated liquidity models—increasing potential yields without demanding disproportionately large capital deposits.

Overall, Stabble positions itself as a solution that tackles core DEX inefficiencies. By integrating automated strategies, flexible pool designs, and innovative liquidity concepts, it aims to enhance the user experience for both traders and liquidity providers while addressing the biggest value drains in decentralized exchanges.

Tokenomics

Stabble’s token, $STB, lies at the heart of the protocol’s incentive structure and governance. It serves as the primary medium of exchange, with holders able to stake tokens to earn veSTB, unlocking governance privileges, multipliers on staking rewards, and trading fee discounts. By staking $STB for up to 30 months, holders gain veSTB tokens, whose quantity is determined by a 1.05^x multiplier, where x is the number of months locked. This mechanism encourages long-term engagement and reduces the immediate circulating supply, potentially lessening sell pressure.

The total $STB supply is capped at 500,000,000 tokens, with allocations across fundraising rounds, as well as for team, marketing, reserves, and liquidity provision. A large allocation is also reserved for airdrops and community incentives, reflecting a focus on fostering user adoption and protocol growth. The staking design directs 14% of all generated fees from liquidity pools to $STB stakers, aligning the interests of token holders with the protocol’s trading volume and liquidity growth.

Through this distribution model, Stabble balances decentralization goals (via a significant allocation to community-driven initiatives) with strategic funding for development, marketing, and long-term ecosystem sustainability. 

500,000,000 Token Supply  
Funding Rounds32%
Reserve30%
Team & Advisors 16%
Liquidity15%
Marketing & Airdrops5%
Staking & Liquidity Mining2%
Stabble tokenomics chart

Perspectives

Stabble’s roadmap highlights a phased approach to rolling out advanced features that deepen its competitive advantage. In the near term (Q1 2025), launching the $STB token and listing it on centralized exchanges positions the protocol to attract liquidity and gain visibility. Implementing dynamic AMP ranges, improved transaction indexing, and further user-friendly enhancements (like the Dapp v2) are set to refine the trading experience and bolster user confidence.

A key milestone is the introduction of smart liquidity routing (SLR) in Q2 2025. This feature automates liquidity allocation across pools, enhancing yield generation and lowering impermanent loss risks for providers. Governance mechanisms, tied to veSTB, will also play a central role in shaping protocol parameters. In the second half of 2025, Stabble plans to roll out smart liquidity arbitrage (SLA) and cross-exchange market making, which could significantly enhance capital utilization while broadening revenue streams. Margin liquidity and virtual margin liquidity stand out as potentially game-changing components, though they also introduce additional layers of complexity and risk.

Execution risks remain, especially around user adoption, regulatory changes, and smart contract security. However, if Stabble successfully delivers on its roadmap, it has the potential to evolve into a comprehensive DeFi hub on Solana. 

Founders and Team

Kilian Peter KringsCEO
Julian UllrichCo-founder
Keisuke WatanabeCTO
Lennart SchwertCPO

Stabble’s leadership team combines deep expertise in traditional finance, DeFi, and cutting-edge technology, positioning the project for innovation and growth. CEO Kilian Krings brings a solid foundation in applied mathematics and mechanical engineering, along with experience advising over 15 crypto projects and co-creating an IDO launchpad with a $35 million token valuation.

CTO Keisuke previously served as Lead Developer at Marinade Finance, where he contributed to achieving over $1.8 billion in TVL, and as CTO of OneRing Finance, demonstrating his ability to build complex DeFi platforms. CPO Lennart, a Ph.D. candidate in Behavioral Finance, specializes in DeFi inefficiencies, providing unique insights into the optimization of decentralized platforms.

Additionally, the development team includes individuals with experience from projects such as OneRing, Parasol, Fairblock, and Latoken. Together, they form a highly capable group with a blend of academic, technical, and industry experience, which underpins Stabble’s mission to revolutionize liquidity management on Solana. 

Funding

Seed
$2.5 MILLION
AUGUST 2024

Investors: Masterblox (lead), Dynamic Labs, Founder Heads, Spicy Capital, DuckDAO, Marshland Capital, ZEMU VC

Stabble secured $2.5 million in a combined pre-seed, seed, and private funding round led by Masterblox, with contributions from prominent investors including Dynamic Labs, Founder Heads and Spicy Capital. The funds are allocated for product development, marketing, security audits, exchange listings, and enhancing liquidity for its token and protocol.

Aside from the funds attracted through an investment, Stabble generates revenue by retaining a portion of the fees generated from its liquidity pools. Specifically, 14% of the fees from each pool are allocated to Stabble's multisig treasury, which supports the $STB staking pool. The remaining 86% of the fees are distributed to liquidity providers. 

Stabble Seed
$2.5M Raised, Aug 2024
DuckDAOdynamic labs logo
founder headsmarshland logo
masterblox logospicy capital logo

Community

Stabble’s community presence is robust, backed by over 180,000 followers on X and a Discord server with nearly 46,000 members, providing an active environment for direct interaction and project updates. Daily active users reportedly number around 600,000, which underlines the high level of engagement with the platform’s features. Discussions on social media reflect a generally positive sentiment, particularly applauding Stabble’s capital efficiency and the team’s ability to achieve substantial trading volumes with relatively low TVL.

Many community members see these metrics as signs of healthy growth and a promising future. Innovative offerings like protocol-managed liquidity, margin liquidity, and the points system appear to resonate well, earning praise for both concept and execution.

At the same time, the community demonstrates a practical level of scrutiny, voicing concerns over potential risks associated with low TVL and the sustainability of high volumes. Overall, Stabble’s user base seems both enthusiastic and discerning, driving continued engagement and contributing to a dynamic, supportive ecosystem. 

Competitors

Stabble operates in a crowded DeFi space, where established protocols like Uniswap, Curve, and Balancer have already garnered significant user bases. However, its direct competition is likely narrower, focusing on Solana-based DEXs and projects offering sophisticated liquidity solutions. Stabble’s approach shares elements with Balancer (weighted pools) and Curve (stable pools), but it differentiates itself by integrating margin liquidity and protocol-driven arbitrage. This unique combination claims to reduce external arbitrage, thereby retaining more value within the protocol.

In the Solana ecosystem, platforms like Raydium and Orca also offer liquidity pools and yield optimization strategies, but they may lack the deep integration of internal arbitrage or margin features. The market for automated liquidity management is still evolving, with new entrants regularly introducing incremental improvements or unique product offerings. While the overall DeFi sector is highly saturated, specialized features—like Stabble’s internal arbitrage pools—can carve a niche by directly addressing capital efficiency and impermanent loss.

Achieving and maintaining a competitive edge will hinge on user adoption, liquidity depth, and continuous innovation. The platform’s success in delivering streamlined user experiences and reliable, audited smart contracts could help it stand out, but competition remains formidable in the DeFi space. 

Strengths:
Well-Established Community: The project has successfully built a supportive user base that fuels organic growth and ongoing engagement. 
Innovative AMM Approach: The project builds upon conventional AMMs with fresh concepts like protocol-managed liquidity, margin liquidity, and internal arbitrage. 
Straightforward UX: The user interface and swap features are designed to resemble familiar DEX layouts, lowering the barrier to entry for newcomers while incorporating advanced functionalities under the hood. 
Risks:
Competitive Market: Established DeFi protocols and other Solana DEXs may offer similar features, making user acquisition and retention challenging
Unproven Feature Set: Advanced functionalities like margin liquidity and internal arbitrage could introduce new points of failure, requiring extensive testing and robust security audits.
Low TVL: At the time of this review, the project has a relatively low TVL compared to its trading volume, posing potential sustainability risks. 

Conclusion

Stabble is pushing for a DEX that fixes real problems in DeFi: high impermanent loss, low capital efficiency, and the grind of manual liquidity management. With protocol-driven arbitrage, it attempts to flip the usual external trader profits back into the hands of liquidity providers. That’s a bold strategy, and if it works at scale, liquidity providers stand to earn more while taking on less risk. The team has laid out a roadmap loaded with big-ticket features like margin liquidity, virtual margin liquidity, and smart liquidity routing—all of which aim to boost returns without turning the system into a complexity nightmare.

Despite these positives, a few challenges stand out. Low TVL could limit the depth of trading pairs, and the advanced features are untested in a live, large-volume environment. Smart contracts in DeFi remain a constant risk, especially when pushing new boundaries. Still, the project has strong backing, a sizable community, and a user base hungry for better yields. Success hinges on delivering each roadmap milestone without security mishaps and proving that protocol-managed liquidity and on-chain arbitrage can hold up in volatile conditions. For those comfortable with an early-stage DeFi play, Stabble offers an intriguing mix of innovation and potential rewards. 

Other Details

The Stabble airdrop is a points-based rewards program across three seasons, starting with the mainnet launch and ending at the Token Generation Event (TGE) planned in 2025

Airdrop farming steps

Step-by-Step Guide to Farming Stabble Airdrop

1

Launch the app: Go to https://stabble.org/, click on "Launch App" and connect your Solana wallet.

2

Execute Swaps: Earn 5 points (stable pools) or 10 points (weighted pools) per USD value equivalent swapped.

3

Deposit Liquidity: Earn 50 points (stable pools) or 100 points (weighted pools) per USD value equivalent deposited per day.

4

Create a Pool: Earn 70 points (stable pools) or 140 points (weighted pools) per USD value equivalent deposited per day. Optionally, create a new pool that has at least $5,000 TVL.

5

Use the Referral System: Boost your points by sharing your referral link to 50% of your referees’ points as a bonus. Your referees get an additional 10% bonus when they use your referral link. 

6

Leverage the Stabble Points Booster NFT: If you hold the Stabble Points Booster NFT, your earned points are doubled. This NFT is available via airdrops to members of selected partners or DAOs, such as Solana Mobile/Saga DAO and JupiterDAO.

7

Track Your Progress: Monitor your earned points and progress on Stabble’s leaderboard. By actively participating and utilizing the booster tools, you can maximize your rewards across all three airdrop seasons.

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