What is Xebra?
Xebra is a secure, capital efficient Leverage Protocol built on MVM.
#1 reason for us building on Movement is that our tech team is already, heavily, ‘move-pilled’. We were one of the first few teams to deploy on Aptos/Sui and understood the power of a multi-threaded VM combined with an object ownership based architecture⚡️.
The main benefits of move lang in our context: > Performance: parallel execution, low latency (important for quick margining) > Security: re-entrancy is prevented by default, enables faster upgrades > No global spikes in gas costs during high volatility (important for orderbook liveness).
Movement’s seamless cross-vm communication and backward compatibility with base networks also enables superior liquidity sharing.
Xebra's On-chain Guide for Movement Parthenon
To get gas for transactions on the Movement Sui Testnet, visit the Movement Faucet, input your Sui wallet address, and mint ‘MOVE’ testnet tokens.
Visit the Xebra Faucet Page: Xebra Faucet
Click on “Connect Wallet” and choose your preferred wallet (e.g., Sui, Nightly, Razor).
Click on the “Airdrop Coins” button.
Approve the transaction in your wallet popup to claim test tokens: USDC, USDT, WETH, GMOVE, wBTC, XBT.
Visit the Xebra Swap page
Input Token and Amount Details:
2-1. Select the token to sell (first token) and the token to buy (second token) from their respective dropdown menus.
Enter the amount of the first token you want to sell. The amount of the second token you will receive is auto-calculated.
Review and execute the Swap:
Click on "Swap Now" to complete the trade. The new tokens should appear in your wallet shortly.
Visit the Xebra Liquidity Page Liquidity Pools to view the list of all available pools. You can check the current pool TVL in dollar terms and the current APY (both of those values are randomly generated for testnet).
Click the “Add Liquidity” button next to your chosen pool to open the Add Liquidity panel.
Enter the amount of each token you wish to add. Ensure you have sufficient balances in your wallet.
Click 'Add Liquidity' and sign the transaction in your wallet.
Once the transaction is confirmed, your funds will be added to the pool.
DApp: https://xebra.trade/
Docs: https://docs.xebra.trade/
Twitter: https://x.com/xebratrade
Galxe Quests: https://app.galxe.com/quest/Xebra
Telegram: https://t.me/+lJJq2UsTcIY4ODY9
✨This is really easy. Experience the fun Xebra testnet! Thank you 🦓
