Here’s a breakdown of the known issues identified during internal testing and early community feedback. We’re actively tracking all of them and working toward improvements with each patch.

• TP value may calculate incorrectly in some scenarios, sometimes exceeding 900+
• Slippage visuals may appear inconsistently across the interface
• Users may experience general latency during various interactions
• Certain dApp interface elements may fail to render properly
• Entering a decimal value activates the button, but further input resets its active state
• Attempting a partial close may trigger two different error messages in specific conditions
• Chart visuals may not reflect real-time or accurate price data
• In “Pay Amount” fields, entering a decimal value followed by pasting a negative number causes the open position button to reappear
• Cooldown timer may take extra time to reset and begin a new countdown
• Clicking the close button on popups linked to the main URL may cause the entire page to scroll
• Leverage values may show incorrectly during partial close in some trades
• When market skew approaches 150k, opening an opposite-side position may trigger a “value is out of range” error and disable the action button
• For users affected by max skew, adding collateral does not activate the button even if no new position is being opened
• In certain latency scenarios, it is possible to add collateral with leverage values below the 5x minimum
• Leverage values shown in “Add Collateral” and “Close Position” modals may round incorrectly (e.g., 4.99x or 5.01x instead of 5.00x)
• Validation prompts may show incorrect decimal precision for the selected token (e.g., 5.723 instead of 5.72)
• If a user enters a USD value for Stop Loss and then removes the percentage placeholder, the field may still display “NONE”
• Chart data may occasionally fail to load or appear blank
• Placeholder values may be shown in Stop Loss input even when no value is entered
• It’s currently possible to input leverage values below 5x during partial close
• Advanced users can manipulate slippage settings via browser inspect tools

What You Can Expect

We’ll continue to ship hotfixes and patches during the testnet period. These known issues are all being tracked and prioritized based on how they affect user experience and fairness. As always, your feedback helps.

If you come across bugs not mentioned here, you can report them in the official Dexlyn Discord or via the in-app bug report form.

This is a testnet. Bugs are expected. What matters is that we’re catching them fast and building something solid.

Let’s trade
To the moon

From upcoming feature drops like Perpetuals and Concentrated Liquidity, to the inside scoop on $DXLYN, SupraNS, and what’s coming in June, this one was a total alpha fest. Here’s a full breakdown of everything we talked about — all signal, no fluff.

Dexlyn’s Journey So Far

We kicked things off with a quick recap of how far Dexlyn has come.

The team shared how it all started over a year ago, right around June — with several milestones since:

• The Testnet Trading Game
• The mainnet launch
• And of course, SupraNS going live

There were nerves, sure — launching on a brand-new chain like Supra isn’t for the faint-hearted. But with solid backing from the Supra dev team and some hard choices around token architecture, Dexlyn’s core products are now live and thriving.

Bridging to Supra: A Challenge Turned Opportunity

One of the biggest early challenges we faced was liquidity. Since Supra is a brand-new Layer 1, there wasn’t a native bridge that allowed users to move assets in from other chains — and that made onboarding a real pain.

We always knew volume would take time, but we needed a way for users to even get here in the first place. So, we sat down with the Supra dev team — and two months before mainnet — decided to build a bridge from scratch.

That might sound wild, but the devs pulled it off. And fast. Building a bridge on Move isn’t easy — most of the existing infra doesn’t play nice with Move chains. But the team worked round the clock and delivered.

Since then, we’ve had three audits on the bridge, and it’s solid. It currently supports Ethereum, and we’re actively working to add EVM chains, Aptos, Solana, and Sui in the next phase.

SupraNS – Laying the Foundation for Better UX

One of our biggest beliefs at Dexlyn is this — if users still have to remember complicated wallet addresses in 2025, we’re not doing our job right.

That’s where SupraNS comes in. It was easily our most stressful launch — but also our most successful one.

SupraNS lets users register human-readable names like abc.supra or xyz.supra and use them across the Supra ecosystem. Starkey Wallet now supports full send/receive through these identities — just search a SupraNS name and you’re good to go.

This wasn’t just about names, though. It’s about onboarding.

Supra’s infra gave us the building blocks:

• Dedicated blockspace via containerized architecture
  
• On-chain automation we’ll soon be using for features like limit orders.
  
• And native oracles right on the L1

All of that made it possible to build SupraNS the right way. And the response? Crazy. 10,000+ names were registered within the first 24 hours.

That kind of traction tells us we’re on the right track. SupraNS is just the first step — but it sets the tone for everything we’re building to make Web3 actually usable.

What’s Coming Next – Perpetuals

Here’s where things started heating up.

The Dexlyn team announced that Perpetuals are coming — with a beta set for June.

Quick explainer:
Perpetuals are like futures contracts, but without any expiry date. You can hold your position as long as you keep your margin intact. And a funding rate mechanism keeps the contract price close to the spot price.

Why does this matter?
Because it lets traders take leveraged positions without worrying about expiration. It also brings Dexlyn into real competition with CEXs, but with a fully on-chain flavor.

The Architecture

The Perpetuals rollout will happen in two phases:

• Beta Version (June): Settlement happens on-chain (Supra). Keeper functions handled off-chain for now.
• Full Rollout (July): Keeper functions go on-chain too, powered by Supra Automation.

The phased approach helps Dexlyn test the core mechanics safely — while gradually moving toward full decentralization.

Alpha Drop #2: Concentrated Liquidity

Right after dropping the Perps news, the team went straight into their Concentrated Liquidity launch plans.

Also coming in June, this upgrade gives liquidity providers (LPs) more control — and better capital efficiency.

Here’s how it works:
In a typical AMM pool (like Uniswap V2-style), your liquidity is spread across the entire price curve — even parts that aren’t seeing action.

With Concentrated Liquidity, you choose a price range.
If the token trades inside that range, your capital gets used — and you earn a better share of the trading fees.
If it trades outside your range, your capital isn’t used (but also isn’t exposed).

This means:

• Better execution for traders
• Higher potential APRs for LPs who manage ranges well
• Less wasted liquidity in dead zones

And yes, this will be optimized for Supra’s architecture — making it even more efficient than similar designs on older chains.

A Quick Recap (So Far)

So in June, here’s what Dexlyn users can expect:

• Perpetuals Beta on Supra
• Concentrated Liquidity goes live
• SupraNS Marketplace officially launching

And that’s just the start.

Utility of $DXLYN: What It’s Really For

Let’s talk about the Dexlyn token.

$DXLYN isn’t just a governance token.
It’s the backbone of the platform — tying together staking, rewards, and long-term protocol direction.

Here’s how it works:

• Users stake $DXLYN to receive veDXLYN
• veDXLYN holders control emissions (where liquidity mining rewards go)
• They also get a cut of platform fees, across Dexlyn’s products
• And they get governance rights to vote on future upgrades, listings, and incentives

So the more you lock, and the longer you lock — the more veDXLYN you receive, and the more say you have.

This model is based on vote-escrow, similar to the ve(3,3) system — tried and tested across major DeFi protocols.

Emissions Schedule: No Hyperinflation Here

The team also dropped some quick alpha on how emissions will be handled.

• 2% emissions growth weekly (for the first 12 weeks)
• Goal: Circulating supply reaches 25–30% of total supply within 3 months
• Designed to grow gradually and avoid wild dumps

This release model keeps things sustainable and aligns early participants with long-term goals.

Security & Audits

This part matters — especially with new features like Perpetuals and Concentrated Liquidity.

The team confirmed that:

• Dexlyn has already been audited by CertiK and Hacken
• Further audits will cover each new release
• Real-time monitoring tools are in place to catch anomalies and keep the platform safe

Security is being taken seriously — and it’s baked into every step of the rollout.

What About the SupraNS Marketplace?

Briefly mentioned toward the end — the SupraNS Marketplace is also coming in June.

You’ll finally be able to trade, list, and buy SupraNS names on-chain.

Think of it as a next-gen name system marketplace — with full Supra integration, and Dexlyn at the center of it all.

Community Q&A and Giveaway

The episode wrapped up with a short Q&A session and a quick giveaway shoutout.

As expected, the community came through with smart questions, especially around:

• Timing of the $DXLYN TGE
• Future plans for liquidity incentives
• Whether additional chains will be supported soon

(We’ll be diving deeper into these topics in future episodes.)

Final Thoughts: June Is the Month

This episode wasn’t just a chat — it was a heads-up.
Dexlyn is not sitting still. With multiple core features launching in June, a strong governance model for $DXLYN, and Supra’s L1 tech supporting it all — things are moving fast.

If you’re a trader, LP, or builder on Supra — Dexlyn is your home base.

Missed the episode?
Catch the full recording here — or bookmark this post for a quick refresher anytime.

Built on the Supra Network, Dexlyn brings together advanced multi-chain trading capabilities and user-friendly features. Whether you’re looking to swap tokens, bridge assets across chains, or explore new investment opportunities, Dexlyn provides the tools you need in a straightforward and reliable way.

Understanding Decentralized Exchanges and Dexlyn

A decentralized exchange, or DEX, is a platform that lets people trade cryptocurrencies directly with each other. Unlike traditional exchanges, DEXs don’t rely on a central authority to manage trades or hold funds. Instead, they use smart contracts — automated pieces of code on the blockchain — to process trades securely and transparently. This gives users more control over their assets, allowing them to trade without intermediaries, maintaining privacy and reducing risks related to central failures.

What is Dexlyn?

Dexlyn is a decentralized exchange built on the Supra Network. It takes the key benefits of a DEX and adds advanced features to make trading easier and more efficient. Dexlyn will soon allow users to trade tokens across different blockchains and manage liquidity in a fully decentralized setup. Currently, it supports Aptos and Supra as compatible chains, with plans to expand to more blockchains in the future. Participation in governance decisions through DexlynDAO is also coming soon, giving users the ability to influence platform decisions and upgrades. At its core, it uses Automated Market Maker (AMM) technology to automatically balance supply and demand, allowing for continuous and secure trading without needing traditional order books or middlemen. With Dexlyn, everything from trading to liquidity management is simple, accessible, and completely decentralized.

The First DEX on Supra Network

Dexlyn is built on the Supra Network, a blockchain ecosystem designed for high-performance and cross-chain trading. This gives Dexlyn the foundation it needs to offer fast and secure decentralized trading.

High Performance and Scalability

Supra Network’s capacity to handle up to 500,000 transactions per second (TPS) lets Dexlyn process large trading volumes without delays. With sub-second finality, trades are confirmed almost instantly, so users get a quick and smooth trading experience.

Cross-Chain Compatibility

Supra Network’s architecture supports trading across multiple blockchains. This compatibility allows Dexlyn users to trade a wide range of digital assets without the hassle of complicated bridging processes.

Decentralized and Secure

Supra’s globally distributed nodes add a layer of security, reducing the risk of disruptions. Additionally, real-time data feeds keep Dexlyn updated with accurate information, supporting stable and reliable trading.

Supra Network provides Dexlyn with a strong technical base, making it easier to offer a versatile and secure decentralized exchange.

Key Features of Dexlyn

1. Trade and Swap

Dexlyn makes trading simple with its Automated Market Maker (AMM) protocol. Users can connect their Web3 wallets and trade tokens directly without needing an intermediary. The platform offers secure and quick swaps, making it easy for users to exchange digital assets.

The AMM protocol automatically balances the reserves of tokens in liquidity pools and adjusts prices based on supply and demand. This automated system keeps trades flowing smoothly, without requiring traditional order books.

2. Liquidity Pools

Dexlyn allows users to contribute to liquidity pools, which are essential for maintaining the trading environment. By adding their assets to these pools, users can earn rewards from trading fees, making it a win-win setup for both traders and liquidity providers.

Liquidity pools on Dexlyn provide a steady flow of assets, which helps keep trading conditions optimal. When users contribute their assets, they earn a share of the fees collected from trades in the pool, incentivizing continuous participation. Liquidity providers also play a key role in the functioning of AMM protocols, helping maintain balanced markets on the platform.

3. Bridges

Dexlyn supports cross-chain asset transfers, making it easy for users to trade tokens across different blockchains without extra steps or complexity. Supra Network helps Dexlyn provide a smooth trading experience for users who want to move assets across different networks.

4. IDO Launchpad

Dexlyn’s Initial DEX Offering (IDO) launchpad lets new projects raise funds and launch their tokens directly on the platform. This creates opportunities for users to invest early in promising projects. The IDO launchpad is a key feature for projects looking to gain traction and secure liquidity from a broad DeFi audience.

Users can participate in IDOs by providing liquidity in a decentralized setup. The launchpad offers a secure and accessible way for new projects to gain traction while giving users the chance to support and invest in them.

5. Digital Identity with SNS

Dexlyn features an SNS (Supra Name Server, with extension .supra) that provides a decentralized way to manage digital identities. This feature simplifies identity verification and gives users a secure way to represent themselves on the platform.

SNS assigns each user a unique digital identifier that can be used for transactions and interactions on the platform. This system helps maintain privacy and security while optimizing the user experience.

Privacy and Security

Dexlyn places a strong emphasis on user privacy. As a fully decentralized platform, Dexlyn operates with governance that isn’t controlled by a single entity. Its protocols are non-upgradable and resistant to censorship, which means there are no backdoors or hidden changes. This setup keeps control in the hands of the users and protects their activities from external interference.

When it comes to security, Dexlyn uses Automated Market Maker (AMM) technology to keep trading efficient and automated, reducing the need for human intervention. Additionally, Dexlyn’s smart contracts are regularly audited to identify and fix any vulnerabilities. The platform also undergoes periodic security reviews to keep its trading environment safe and reliable for all users.

Dexlyn’s Competitive Advantages

Dexlyn stands out not just because of its foundation on the Supra Network but also due to its unique features that create a smooth and efficient trading experience. It’s designed to offer high performance, cross-chain trading, and a user-friendly development environment — all while keeping security and community at the forefront.

High Performance and Scalability

Dexlyn can handle a huge number of trades with its capacity of up to 500,000 transactions per second (TPS). This capability, along with sub-second confirmations, means users get a fast and responsive trading experience without the wait.

Cross-Chain Interoperability

Trading assets across different blockchains is straightforward with Dexlyn. By supporting cross-chain functionality, Dexlyn helps users access and trade a wide variety of assets, increasing liquidity and reducing barriers to trading.

Developer-Friendly Environment

Dexlyn’s infrastructure includes built-in tools and supports multiple blockchain ecosystems, making it easier for developers to create new features and expand the platform’s functionality. Supra Token incentives further encourage developers to build and innovate within the Dexlyn ecosystem.

Enhanced Security and Reliability

With its decentralized setup and smart contract audits, Dexlyn ensures secure and reliable trading. The platform is continuously monitored and updated to maintain a safe trading environment for users.

Future Decentralized Governance with DexlynDAO

Dexlyn has plans to launch DexlynDAO, a decentralized governance model that will allow the community to have a say in platform decisions. This gives users the opportunity to shape Dexlyn’s future and contribute to its growth.

Cross-Chain Liquidity Network

Dexlyn is also building a cross-chain liquidity network to connect different blockchains. This network aims to reduce fragmentation, making trading between blockchains simpler and more fluid.

Getting Started with Dexlyn

Getting started with Dexlyn is straightforward. All you need to do is connect your Web3 wallet to the platform, and you’re ready to trade, provide liquidity, or participate in IDOs. The platform supports popular Web3 wallets, making it easy for users to dive right in. Whether you want to trade tokens, earn rewards through liquidity pools, or explore new projects launching on the IDO platform, Dexlyn offers a user-friendly entry point.

For those who want to dig deeper, Dexlyn provides detailed documentation. These resources are designed to help developers, traders, and liquidity providers understand how the platform works and how they can make the most of its features. Whether you’re building on Dexlyn or just exploring its trading tools, everything you need is easily accessible.

Conclusion

Dexlyn is more than just a decentralized exchange — it’s a complete DeFi ecosystem built on the Supra Network. As the first DEX on Supra, Dexlyn offers everything from trading and liquidity pools to cross-chain asset transfers and an IDO launchpad. With its focus on user privacy, security, and a future-driven approach with DexlynDAO, it’s designed to provide a reliable and versatile trading experience.

Ready to get started? Check out Dexlyn, connect your Web3 wallet, and experience decentralized trading with confidence.