This is where you can see what we have shipped, how the raise works, and what we still need to deliver before more funds unlock.

If you are looking at $DXLYN, this post is your brief. It covers:

• What we are building on Supra
  
• The key numbers on the ICO page
  
• How CommonFund’s milestone based funding works
  
• What the milestones are
  
• How your Citadel vault position can plug in
  
• Who can and cannot join
  

Dexlyn on Supra in simple terms

We are building Dexlyn as the flagship DeFi stack on Supra Layer 1.

Our goal is to give you a complete trading setup on Supra, not just one more DEX. The current product line looks like this.

Perpetuals (live on Mainnet)
Our perps platform lets you take leveraged long and short positions on supported assets. Execution is on chain, settlement is fast, and your positions stay transparent.

DEX (live on Mainnet)
Our token DEX lets you swap, create liquidity pools, and trade while keeping custody of your funds. Pricing is automated, fees are low, and trades clear quickly so you can focus on the move, not the wait.

CLMM (live on Testnet)
Our concentrated liquidity model lets you choose price ranges instead of spreading capital across the full curve. This improves your capital efficiency, tightens spreads, and helps APR if you are an active LP.

Bridge (live on Mainnet)
Our bridge brings assets like USDC from Ethereum into Supra. Once bridged, you can trade or deploy those assets across Dexlyn with lower latency and lower cost.

Supra Name Service (SNS)
SupraNS gives your wallet a human readable name. Your activity across Dexlyn and other Supra protocols can link back to that name instead of a random string.

Launchpad
Our launchpad helps new Supra projects raise capital with everything tracked on chain. You get early access. Builders raise directly in the ecosystem you are already using.

All of this is aimed at one outcome: we want Dexlyn to sit at the center of trading flow on Supra.

The $DXLYN ICO is the route for you, as a Supra holder, to back that stack.

Token summary from the ICO page

Here are the key token details for $DXLYN on CommonFund:

• Token name: Dexlyn Labs
  
• Symbol: $DXLYN
  
• Network: Supra network
  
• Token supply: 100,000,000
  
• Fully diluted valuation (FDV): 33,000,000 USD
  
• Price: 264 SUPRA per $DXLYN
  
• Initial market cap: 1,056,000,000 SUPRA
  
• Minimum contribution: 10,000 SUPRA
  
• Maximum contribution: 10,000,000 SUPRA
  

Raise targets:

• Soft cap: 132,000,000 SUPRA
  
• Hard cap: 264,000,000 SUPRA
  
• Extended hard cap: 396,000,000 SUPRA
  

If you choose to join, you contribute in SUPRA only.
Allocations are first come, first served inside the min and max range.

On eligibility:

• If you are based in the USA, you cannot participate in this sale
  
• Some other regions are also restricted
  

You can check the full legal and regional list on the live CommonFund page.

How the CommonFund model works

CommonFund uses milestone based funding.

Here is how it works for you:

• The funds you and others contribute sit in escrow, not in our wallet
  
• Funds unlock in stages when we hit clear milestones
  
• Each milestone has a specific delivery target
  
• If a milestone is not hit in a reasonable window, CommonFund can delay, reallocate, or move toward refunds
  

For you as a contributor, that means we have to keep shipping to unlock the next chunk of capital.

For us, it acts like a public contract with you:

• Here is what we plan to build
  
• Here is how much unlocks when we deliver it
  
• Here is what stays locked until the next step
  

The $DXLYN ICO page documents these milestones and unlock conditions so you can see them before you decide.

How you join through a Citadel vault

If you are in a Citadel Vault, your path is a bit different from someone who only holds liquid SUPRA.

Inside a Citadel vault you have:

• Principal in SUPRA
  
• Rewards earned on that principal
  

When you contribute through a Citadel round into the Dexlyn ICO:

• You choose how much principal you want to move
  
• The contract calculates the proportional rewards linked to that principal
  
• Both principal and proportional rewards move together
  
• You receive $DXLYN based on the combined total
  

Example 1

• Your deposit: 100,000 SUPRA
  
• Your rewards: 11,112 SUPRA
  
• You choose to contribute 10,000 SUPRA of principal
  

The vault sends:

• 10,000 SUPRA principal
  
• 1,112 SUPRA rewards
  
• 11,112 SUPRA total
  

You receive $DXLYN for 11,112 SUPRA.

This is why your SAFT can show a larger number than the figure you typed. The SAFT reflects your principal plus attached Citadel rewards.

Example 2, partial transfer

• Your deposit: 100,000 SUPRA
  
• Your rewards: 11,112 SUPRA
  
• You choose to move 95,000 SUPRA principal
  

The vault:

• Adds the matching rewards for that 95,000
  
• Transfers 105,556.4 SUPRA total for the ICO
  
• Leaves 5,000 SUPRA principal, plus its rewards, inside Citadel to keep earning
  

Key reminders if you use Citadel:

• You do not lose tokens in this route
  
• Your principal and rewards move together by design
  
• You receive project tokens for the full transferred amount
  

If you join through Citadel, you receive your SAFT documents about one week after the sale ends, once calculations and checks are complete.

Before you confirm a Citadel contribution, you will be asked to accept that:

• The vault will move your principal and proportional rewards together
  
• Your SAFT will show the combined total
  
• You receive $DXLYN for that combined number
  

What we have already cleared

Before the ICO page went live, we had already moved through several checkpoints.

For example:

• Community funding target reached
  
• Core perps architecture completed
  
• Upgrade and token launch roadmap finalized and shared
  

On the product side, we already have:

• Perps on Mainnet
  
• AMM DEX on Mainnet
  
• Bridge from Ethereum to Supra
  
• Supra Name Service live
  
• A launchpad foundation
  
• Early trading game test phases
  

So when you look at the ICO, you are not looking at a blank slate. You are looking at a protocol that is already live on Supra and moving forward.

Roadmap around the $DXLYN sale

Here is how our rollout lines up around this year and the ICO.

Delivered on the way to the sale

• Late August 2025
  CLMM on Testnet
  
• Mid September 2025
  Perpetuals on Mainnet
  
• Early October 2025
  Trading Game on Mainnet
  DXLYN tokenomics integration on Mainnet
  
• Mid October 2025
  CLMM on Mainnet
  

These pieces harden the trading and LP experience before more capital and governance move into $DXLYN.

Around the CommonFund sale

• November 2025
  CommonFund public sale for the $DXLYN token
  DXLYN tokenomics integration on Testnet
  

This phase is about keeping the live protocol, the token model, and the raise moving together, not in separate tracks.

Milestone 2: Successful Token Generation Event (TGE)

The second milestone is our $DXLYN Token Generation Event.

TGE is the point where we:

• Officially launch $DXLYN
  
• Distribute tokens to you and other contributors
  
• Distribute the other allocations in the tokenomics model
  

It also activates the ve style token model and the buyback loop.

We use controlled inflation tied to validator rewards and buybacks. Platform fees from our perps trading portal are used to buy DXLYN from the market and route value to veDXLYN holders. The goal is a feedback loop between trading activity and token demand.

During this milestone, DXLYN distribution happens across:

• Team
  
• Private sale and investors
  
• Public sale
  
• Foundation
  
• Airdrops and community incentives
  

following the tokenomics.

Tokenomics summary for this milestone

Key points for you to know:

• Soft cap: 132,000,000 SUPRA
  
• Hard cap: 264,000,000 SUPRA
  
• Extended hard cap: 396,000,000 SUPRA
  
• Model: vote escrow with controlled inflation
  
• Emissions: start at 2 percent for an initial period, then step down to 1 percent with decay over time
  
• Buyback: platform fees used to repurchase DXLYN and redistribute to veDXLYN holders
  

Allocation breakdown:

• Team: 15 percent (15,000,000)
  
• Private sale and investors: 1 percent (1,000,000)
  
• Public sale: 1.5 percent (1,500,000)
  
• Foundation: 20 percent (20,000,000)
  
• Airdrops and community incentives: 30 percent (30,000,000)
  

Fund release condition

Once TGE is completed and DXLYN token distribution is verified against the tokenomics, the remaining 50 percent of the funds raised are released from escrow to us.

Contingency

If the launch is delayed, incomplete, or there are unresolved issues, CommonFund can withhold, reallocate, or refund funds.

Who can join and what you should keep in mind

If you are thinking about joining the ICO, here are the basic rules:

• You contribute in SUPRA only
  
• Allocation is first come, first served within min and max limits
  
• If you are in the USA or another restricted region, you cannot join
  
• You can find the full legal and regional list on the CommonFund page
  

And a clear risk note for you:

• This is a speculative contribution
  
• You can lose part or all of the capital you commit
  
• Nothing here is financial advice
  
• If you are not sure, speak with a professional advisor and size your position based on your own risk tolerance
  

How to use this blog with the ICO page

The clean way for you to approach this:

1. Read this post fully
So you have a clear view of what we have built and how the raise structure works.

2. Open the $DXLYN page on CommonFund
Check the live raise numbers, caps, timelines, and regional rules.

3. Review

• Raise targets in SUPRA
  
• Milestone definitions and unlock logic
  
• Citadel specific details if you use vaults
  
• Eligibility and KYC rules that apply to you
  

4. Then decide

• Whether you want exposure to $DXLYN
  
• How much SUPRA you are comfortable committing under these conditions
  

We will keep shipping on Supra.

The $DXLYN ICO page on CommonFund is now the public map that connects our work to the token, the milestones, and the raise you may choose to join.

How Do Liquidity Pools Work?

Liquidity pools are collections of tokens provided by users, known as liquidity providers, that help facilitate decentralized trading. Instead of relying on traditional order books, which match buyers and sellers, LPs allow trades to happen directly using the tokens in the pool. Liquidity providers contribute their tokens to these pools, making it possible for others to swap tokens instantly.

How Do They Work?

Here’s a breakdown of how liquidity pools and Automated Market Makers (AMMs) work together.

Liquidity Providers Add Tokens

• Users deposit pairs of tokens into a liquidity pool. For example, if someone adds $ETH and $USDT to a pool, others can swap between these tokens.

AMMs Set Prices

• Automated Market Makers (AMMs) use algorithms to set the price of tokens in the pool. The price is determined by the ratio of tokens within the pool. For instance, if there’s more $ETH than $USDT in the pool, the price of $ETH will rise relative to $USDT.

Trades Adjust the Pool

• When someone trades through the pool, the ratio of tokens shifts. If a user swaps $ETH for $USDT, the amount of $ETH in the pool decreases, while the amount of $USDT increases. This slight change in ratio adjusts the price of both tokens.

Earning Rewards

• Liquidity providers earn rewards from the trading fees generated whenever a swap occurs in the pool. These fees are distributed proportionally based on each provider’s share of the pool, rewarding them for their contribution.

Different Types of Liquidity Pools

Single-Sided Pools

Single-sided liquidity pools are straightforward: users only need to deposit one type of token. This type of pool is easier for users who don’t want to manage multiple tokens or deal with price fluctuations between two assets. You contribute a single token, and the Automated Market Maker (AMM) manages the rest. Single-sided pools reduce the complexity for liquidity providers while still allowing them to earn rewards from trading fees.

Two-Sided (Dual Token) Pools

In two-sided pools, also known as dual-token pools, liquidity providers must deposit two different tokens in a specific ratio. For example, you might deposit $ETH and $USDT in a 50/50 ratio. These pools are commonly used across decentralized exchanges and offer more flexibility for traders. The tokens in the pool must maintain their ratio, and as trades occur, the ratio shifts slightly, impacting the prices of both tokens.

Cross-Chain Liquidity Pools

Cross-chain liquidity pools allow users to provide liquidity across different blockchains. While this feature is a future enhancement for Dexlyn, it opens up a lot of possibilities. Cross-chain liquidity pools will let users add liquidity from different blockchain networks, making it easier to trade tokens between those chains. As Dexlyn continues to grow, this feature will be key to expanding liquidity options beyond a single blockchain.

User Rewards on Liquidity Pools

One of the main incentives for providing liquidity is the opportunity to earn rewards from trading fees. Every time someone trades using the liquidity pool, a small fee is charged. As a liquidity provider, you earn a share of those fees, proportional to the amount of liquidity you’ve contributed. The more trading activity in your pool, the more fees you can accumulate over time, making it a passive way to earn on your assets.

Governance Tokens

In some liquidity pools, providers can also earn governance tokens as rewards. These tokens give holders a say in the future of the platform, allowing them to participate in decisions such as upgrades, changes to fees, or the introduction of new features. With Dexlyn, governance participation through DexlynDAO is planned for the future, offering more control and rewards to those actively contributing liquidity.

Impermanent Loss

Impermanent loss is a concept that liquidity providers should be aware of. It happens when the price of the tokens in the liquidity pool changes compared to when you added them. If the price shifts significantly, you may end up with less value than if you had just held onto your tokens outside of the pool. However, the trading fees you earn can often offset this loss, especially in pools with high activity.

How to Add Liquidity on a Dexlyn Pool

Adding liquidity on Dexlyn is a straightforward process. Here’s how to do it.

Step 1: Connect your Web3 wallet

First, you’ll need to connect your Web3 wallet to the Dexlyn platform. Whether you’re using MetaMask or any other compatible wallet, make sure it’s funded with the tokens you plan to add to the liquidity pool.

Step 2: Choose the pool

Once your wallet is connected, browse the available liquidity pools on Dexlyn. Pick the pool you want to provide liquidity to, based on the tokens you hold and the potential rewards.

Step 3: Enter the amount of tokens

After selecting the pool, enter the amount of tokens you want to add. If it’s a two-sided pool, you’ll need to provide both tokens in the correct ratio (e.g., $ETH and $USDT in a 50/50 split).

Step 4: Confirm the transaction

Finally, review the details, including any fees associated with the transaction. Once everything looks good, confirm the transaction. Your liquidity will be added to the pool, and you’ll start earning rewards based on the trading activity within that pool.

How to Create a New Pool on Dexlyn

Creating your own liquidity pool on Dexlyn is easy. Follow these simple steps.

1. Connect your Web3 wallet
   First, connect your Web3 wallet to Dexlyn. Make sure you’ve got the tokens ready for the pool you want to create.
2. Navigate to the “Create Pool” section
   Once your wallet is connected, head to the “Create Pool” section on the platform. This is where you’ll set up the details of your new liquidity pool.
3. Select the tokens
   Choose the tokens you want to add to your new pool. If you’re creating a two-sided pool, you’ll need to select two different tokens, such as $ETH and $USDT.
4. Set the initial ratio
   Determine the initial ratio of the tokens in the pool. For example, you might want an equal 50/50 split between the two tokens. This ratio will affect the starting price for trades in the pool.
5. Confirm and launch your pool
   Review all the details, and once everything looks good, confirm the pool creation. Your pool will now be live, ready for other users to add liquidity or trade using the tokens you’ve provided.

Conclusion

Liquidity pools are a core feature of decentralized exchanges, allowing users to trade tokens smoothly without needing traditional order books. By adding liquidity to these pools, users can earn rewards from trading fees, making it a win-win situation. Whether you’re joining an existing pool or creating a new one, Dexlyn makes the process simple and accessible. Plus, as the platform grows, more features and tokens will become available.

Tap into Dexlyn’s liquidity pools today. All you need to do is, connect your wallet, start adding liquidity, or create your own pool. It’s time to take full control of your DeFi experience and start earning while you trade.