What is Xebra?
Xebra is a secure, capital efficient Leverage Protocol built on Movement virtual machine MVM.
The most important reason for building on Movement is that Xebra tech team is already, heavily, ‘move-pilled’. They 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 xebra's context are:
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)
Xebra is also super excited about the whole movement ecosystem, not just M1 🗒️they believe in the modular chain thesis and the prospect of launching its customisable app-chain in the future via movement SDK can unlock many interesting liquidity bootstraping use cases.
It is important to note that new Move L1s have seen growing developer interest but have failed at migrating whale EVM liquidity due to:
Lack of foundational DeFi products being already present
Inferior bridging UX, new wallets etc. for users to download
However, Movement’s seamless cross-vm communication and backward compatibility with base networks also enables superior liquidity sharing.
It is worth knowing that Xebra is in its testnet phase and there's so much more you do in the community.
With the Movement Labs Testnet officially live, we’re super excited to announce Xebra’s Community Program 🥳🎉. We’ve established five unique guilds—Pathfinders, Explorers, Creators, Scholars, and Spartans—each with distinct roles and tasks.
To get started visit
Xebra Community’s Important Links:
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