Sundae Labs 🍨

USDCx on Cardano, now live on SundaeSwap! Official Asset ID is: 1f3aec8bfe7ea4fe14c5f121e2a92e301afe414147860d557cac7e34.5553444378

The PRAGMA Project Committee is officially opening applications for new PRAGMA projects. If you maintain open-source work that benefits the Cardano ecosystem, we want to hear from you. Deadline: Friday, May 8, 8:00 PM UTC Questions? Drop a comment. Form: link👇

What if onboarding on Midnight just… worked? @Quantumplation (@SundaeSwap) demos the Midnight Capacity Exchange: 👉 No extensions 👉 No waiting for dust 👉 No friction Users can pay fees with what they already have.

Come hang with us!

Sundae Labs showed up big at Buidler Fest Argentina 🇦🇷 Our CTO, Pi Lanningham (@Quantumplation), breaks down our latest projects: • Midnight Capacity Exchange • an early build of Gummiworm, a Cardano L2 solution • and a first sneak peak at the @SugarRushDEX, powered by Gummiworm

Sundae Labs is proud to have worked on Acropolis! With our contribution over the last 9 months, Acropolis was able to reach a key threshold of usefulness. Acropolis right now makes a lot of sense as a framework to build customizable data pipelines integrating with the Cardano node-to-node protocols. Case in point: - We've been able to use it as the foundation for a ground up rewrite of the "Scooper" software run by each of the sundae scoopers to execute orders on the sundae protocol. - Our team has helped pilot a proof of concept built with acropolis for those running midnight nodes that replaces Cardano DB sync. On mainnet this could lead to savings of up to 70% on the cost to operate a midnight node effectively! That being said, we also agree that now is the right time for IO to reevaluate priorities and applaud the return of funds to the Treasury. Acropolis is at a useful checkpoint that other builders can benefit from, and the "last mile of node diversity" is now being responsibly tackled by several other teams (@Amaru_Cardano, @blinklabs_io, @hlabs_tech, and more).

I think we've found and worked around most of the intermittent failures people were seeing, if anyone wants to give it another shot! For those curious, the main culprit was a subtle timing issue; when you build a proof, you do so with reference to a specific block state. This is to ensure your transaction doesn't become invalid every 6 seconds as new blocks come out. Then, when validating your transaction, the midnight node looks up the block state based on the `created_time` of the transaction. The midnight-js SDK makes it very difficult to ensure these align. We were able to work around it, and will be making some suggestions on how the SDK could be more robust and help people avoid this foot-gun.

(And no, this isn't an April Fool's joke!)

Try it yourself (ON MAINNET!) here: demo.capacity-exchange.sundae.fi Building on Midnight? Sign up for early access at the end of the demo!

Midnight Mainnet is officially live! Huge congrats to everyone involved with this massive undertaking. Now that the foundations have been set, how do we make onboarding completely frictionless for users? Meet the Midnight Capacity Exchange. Try our first demo below to see how it works:

The moment is here. Midnight is live. Welcome to the era of privacy by default, and disclosure by choice. Read the full announcement article 👇

Holy shit @Quantumplation @SundaeSwap new demo of Gummiworm infinite TPS (I’m exaggerating 😂😅😂) But it’s super freaking fassst. think about running a @HyperliquidX like product but on Cardano tech stack 🚀🚀🚀

you're gonna wanna pay attention to this 🍿

USDCx is now live on SundaeSwap. 👀 USDCx on Cardano is a stablecoin backed 1:1 by @USDC held in @Circle’s xReserve smart contract. Swap it, provide liquidity, and earn fees while powering DeFi. Check out supported pairs → app.sundae.fi Bridge USDC → USDCx with $0 fees until June → usdcx.iog.io/bridge

There's currently $5M+ in TVL for the USDCx-USDM pool Our stablepools provide a minimal-slippage environment designed for tightly correlated assets — perfect for stablecoins ✅ Lower slippage ✅ Higher capital efficiency ✅ More predictable pricing

A new @cexplorer_io feature means you can verify the source code of the Sundae v3 contracts before placing an order. cexplorer.io/script/verific… Which wallet will be the first to integrate uplc.link? 👀

JUST IN: @SundaeSwap stable pools are live on Bending Track the largest stable pair liquidity USDCx/USDM on Cardano, 20M+ ADA now visible on Bending 🚀

Stop staring at the 1-minute candles. 🕯️ Here’s exactly how to deploy a Trailing Stop Loss on SundaeSwap. We walk you through: 🔸 Choosing your pair 🔸 Setting your trail parameters 🔸 Deploying the strategy Deploy your first bot here at app.sundae.fi/strategies

@QuackuIntern soon actually

@SundaeSwap Can i use it with my openclaw

We're launching our newest automated trading strategy: Trailing Stop Loss 📈 Now you can lock in your gains without ever capping your upside. The trailing stop trigger moves up with your profits, keeping your downside covered against sudden market reversals so you can finally step away from the charts and touch some grass. 🍨

The SundaeSwap USDM/USDCx pair just passed $1,000,000 in trade volume! Deep Liquidity plus a high amplification factor mean you can convert between USDCx and USDM with almost no slippage. app.sundae.fi