For cross-chain DeFi apps that want to offer intent-based trades, native stablecoin integration, and the ability to lend and borrow across chains.
The Partner
Balanced is a multi-purpose DeFi app that provides the ability to trade, earn, and borrow across chains. Originally a community-governed protocol, Balanced integrated SODAX's full-stack infrastructure to operate across EVM and non-EVM networks with a consistent experience.
The Challenge
Every protocol that wants to offer assets across multiple networks faces the same structural barriers:
Bridges are risky
Liquidity is fragmented across networks
Adding new networks requires significant engineering effort and capital to bootstrap pools
Balanced originally relied on liquidity providers to support new token listings, and every network connection compounded the development complexity. Users had to stomach slippage, and scaling was slow and capital-intensive.
The Solution
SODAX's SDK significantly reduced infrastructure complexity. Balanced gained 4 core capabilities:
1
Faster Cross-Network Execution
Previously: People encountered slippage with most transactions, and had to wait 1-5 minutes for each trade.
Now: People specify their intent to trade across any of 12 networks, and intent-based solvers settle it in ~20 seconds.
2
Multi-Chain Money Market
Previously: Isolated stablecoin loans
Now: Earn and borrow from the flexible money market, and borrow any asset from any of the 12 networks Balanced is connected to.
3
Unified Liquidity Layer
Previously: Balanced funded and maintained liquidity pools for each asset on each network.
Now: Balanced accesses SODAX's $6M+ protocol-owned liquidity via the Core SDK.
4
Native Stablecoin Integration
bnUSD is natively mintable and redeemable across 12 networks via the Core SDK. Users can borrow, move, and earn yield within a single interface.
At a glance
- ~20 second execution*
- 12 networks accessible
- 1:1 cross-chain transfers
- No custom smart contracts required
About Balanced
$7M+
TVL
2%
Fixed borrower APY
Quote
"SODAX eliminates the complexity of cross-chain infrastructure, so we can focus on designing the most flexible DeFi experience for our users."
— @lifeofkaizen
Balanced
Balanced Results
Execution Speed & Integration
Integration took weeks. Trade executions now settle fast, with low-slippage execution powered by a network of solvers.
Cross-Chain Stablecoin at Scale
bnUSD now generates revenue across supported networks through borrowing, and cross-network movement, expanding Balanced's revenue potential.
Full-Stack Platform Enabled
Balanced evolved from a single-network protocol into a full cross-network DeFi platform.
Trade tokenized stocks
Balanced users can now access xStocks directly, with SODAX handling execution no matter which network the user starts from.
SODAX Integration
Foundation Layer
@sodax/sdk
Core logic powering the ecosystem: the functional modules for building with SODAX programmatically.
Connection Layer
@sodax/wallet-sdk-react
Opinionated React wrapper with pre-built context providers and state management for wallet connections.
Experience Layer
@sodax/dapp-kit
The fastest way to build with SODAX: UI components, hooks, and utilities on top of the layers below.
Get started
Jennifer Kim, Business Development Lead jennifer@sodax.com
Read the SODAX docs