The Radix Ecosystem is growing, powered by innovation and backed by the Radix Grants Program, part of the $250M Radix Ecosystem Fund. This article highlights five standout projects—RadXplorer, FalconPad, Huros, Root Finance, and Stabilis—that recently received the MVP Grant. These projects are driving progress across Radix DeFi by delivering innovative solutions in token launchpads, lending/borrowing, network explorers, real-world asset tokenization, and stablecoin development.

Stay tuned for updates on more Radix Grant recipients. 

RadXplorer

RadXplorer is an advanced explorer dashboard for the Radix Network, designed to provide detailed insights and tools for users to monitor network activity and manage their holdings. It offers a comprehensive view of the Radix Ecosystem with the following features:

Transaction Details: Access in-depth information about any transaction on the network.

Account Insights: View detailed account data, including portfolio value, holding history, staking rewards, and NFTs.

Exchange and Bridge Stats: Analyze advanced and historical stats on exchange and bridge flows within the Radix Ecosystem.

Ecosystem Token Overview: Explore all ecosystem tokens with historical prices, market capitalization, and more.

Validator Information: Get a complete overview of all validators in the network.

Account and Transaction Management: Label and organize accounts and transactions to track them easily.

“The grant I received for RadXplorer has been very important in supporting the project and rewarding the time and effort to develop it. I personally pay for all infrastructure costs, including hosting on Vercel, database services, and computing resources necessary to keep the platform running smoothly. I see the grant more like a reward for my work than a way to "pay the bill". It's why I reinvested all of it into Radix tokens because I genuinely believe in the long-term potential of the Radix Ecosystem. This decision reflects my commitment to both the project and the Radix community as a whole.” - Charlie, RadXplorer Founder

Follow RadXplorer on X (Twitter) and check out the website.  

FalconPad

FalconPad is in the process of building a token launchpad to support Radix projects with tools for token generation, launching, and fundraising. 

The platform's first product, an FCFS (First Come, First Served) Launchpad, is set to go live on the Radix Mainnet soon. Core contributors are actively developing new mechanisms to launch, lock, and secure tokens across the network.

 "We started from the idea of providing to the Radix community a launchpad which allows for multiple options: from generating new tokens with ease to launching the token via FCFS launchpad. The grant helped us with the branding work and accessing useful tools to help us build quickly and with greater efficiency." - Jconlabarba, FalconPad Founder

Follow FalconPad on X (Twitter) and check out the website.  

Huros

Huros is bridging traditional finance and Web3 by tokenizing luxury real-world assets (RWAs). Designed for user-friendly onboarding, the platform allows both individual users and asset partners to tokenize holdings such as luxury whiskies, wines, watches, and gemstones, unlocking new liquidity for traditionally less-liquid asset classes.

Through partnerships in the alternative investment space, Huros has secured $3M worth of assets, enabling streamlined access to Web3 for asset partners while fostering liquidity and innovation. Its mission is to democratize access to these investment opportunities, creating new possibilities for financial inclusion.

 "The grant provided a boost in our steps toward building a robust platform for tokenizing alternative RWAs. With this support, we were able to refine our prototype and engage early partners. It’s been a fantastic enabler for innovation at Huros." - Glenn T, Huros CEO

Follow Huros on X (Twitter) and check out the website.  

Root Finance

Root Finance is a decentralized lending and borrowing protocol built on Radix. It enables users to supply assets to earn passive income or borrow funds in an overcollateralized manner. The platform supports a wide array of assets, including XRD, xWBTC, xETH, xUSDC, xUSDT, LSULP, and HUG, with a focus on making DeFi accessible through a user-friendly interface.

 "Root Finance will strategically utilize its grant to cover the expenses of V1 development and begin work on the structure for V2. By hiring specialized developers, the team will focus on creating a solid foundation across front-end (FE), back-end (BE), and smart contracts, ensuring the platform is ready for the next phase of growth and innovation." - Komodo Varanus, Root Finance Founder

Follow Root Finance on X (Twitter) and check out the website.  

Stabilis

Stabilis is a decentralized stability solution on the Radix Network, comprising the STAB Protocol and ILIS DAO. The STAB Protocol allows users to borrow overcollateralized loans of STAB, a stable asset designed to maintain relative stability through a dynamic interest rate mechanism. Unlike traditional stablecoins pegged to $1, STAB uses interest rates to balance supply and demand, ensuring stability even with volatile collaterals like XRD. Users can also swap STAB and XRD via a native liquidity pool, manage their loans, and participate in liquidations.

The ILIS DAO governs the protocol and is the first DAO on Radix capable of fully on-ledger execution of proposals, ensuring a trustless and decentralized governance model. The DAO also incentivizes ecosystem participation by rewarding liquidity providers and contributors with ILIS tokens through its on-ledger job system.

"The MVP Booster grant enabled us to set up a legal wrapper for the ILIS DAO, ensuring limited liability for its members and creating a robust foundation for sustainable and compliant growth." - Octo, Stabilis Founder

Follow Stabilis on X (Twitter) and check out the website.