• Decibel is building on Aptos to become the world’s most powerful and trusted decentralized exchange, driving innovation in trading and markets. • Mainnet Beta is imminent, and Testnet is live, with an average of 132K daily active accounts during its recent trading competition. • 12, the Decibel Foundation announced usDCBL, which will be Decibel’s default collateral. • When traders deposit USDC into Decibel, they sign an onchain transaction that converts their funds into usDCBL. • In doing so, the protocol will earn value on the stablecoin’s assets held in reserve, such as U.S. • T-Bills, that it would not otherwise earn without a revenue-sharing agreement with Circle.

Article Summaries:

  • Decibel, a decentralized exchange built on Aptos, is advancing toward its mainnet beta with a live testnet that saw 132 K daily active accounts during a recent trading competition. The Decibel Foundation introduced usDCBL, a 1:1 US dollar‑backed stablecoin that replaces deposited USDC, allowing the protocol to earn yield on reserve assets such as U.S. Treasury bills. USDC pre‑deposits opened on Feb. 10, offering participants rewards, priority access to mainnet, and early allocation to the Decibel Liquidity Provider (DLP) vault. The DLP serves as a professional market maker and liquidator, sharing liquidation fees and market‑making profits with liquidity providers.

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