Supercharging Wasabi's Growth With Solana
Exo
Jan 23, 2025
Case Study
As a product-first dev shop, we were initially reluctant to work with any third party for software solutions. Decided to give Exo a shot after multiple recommendations and urgency to deploy on Solana fast. Safe to say they went above and beyond our expectations with their professionalism, commitment to quality code and deep knowledge and understanding of the Solana ecosystem. - Eren, Core Contributor to Wasabi Protocol
Client: Wasabi (https://www.wasabi.xyz/)
Industry: Decentralized Finance (DeFi)
Challenge: Wasabi, a prominent DeFi platform initially built for Blast and other EVM based blockchains, identified a significant growth opportunity within the Solana ecosystem. Solana's high transaction speeds and low fees attracted a large and active user base of traders that Wasabi wanted to tap into. However, porting their complex platform to a new blockchain with different architecture and programming languages presented a significant technical hurdle. Wasabi needed a partner with deep Solana expertise to ensure a successful and timely deployment.
Solution: Exo Technologies (https://exotechnologies.xyz/), a leading blockchain development firm specializing in Solana, was selected to spearhead Wasabi's expansion. Exo's team of experienced Solana developers worked closely with Wasabi to:
Architect the Solana integration: This involved meticulously analyzing Wasabi's existing EVM smart contracts, identifying core functionalities, and designing a robust architecture optimized for Solana's unique environment.
Develop a feature-rich Solana version: Exo's developers leveraged their deep understanding of Solana programming and development tools to build a version of Wasabi's platform that achieved feature parity with the original EVM version. This ensured a seamless user experience for traders migrating from Blast or joining Wasabi for the first time on Solana.
Ensure rigorous testing and quality assurance: Exo conducted comprehensive testing throughout the development process to guarantee the stability, security, and performance of the Solana platform, mitigating potential risks and ensuring a smooth launch.
Results:
By partnering with Exo Technologies, Wasabi successfully:
Expanded its market reach: The Solana deployment unlocked access to a new segment of DeFi users, significantly increasing Wasabi's potential user base and trading volume.
Accelerated time-to-market: Exo's expertise and efficient development process enabled Wasabi to deploy its Solana platform quickly, capitalizing on the growing momentum of the Solana ecosystem. Wasabi was able to start development and get deployed onto Solana in roughly 4 months.
With nearly 50% of their total volume, Solana quickly grew into a market that rivals the other blockchains their platform is deployed on.
Conclusion:
Exo Technologies' deep Solana expertise and commitment to quality enabled Wasabi to seamlessly expand to a new blockchain, unlocking significant growth opportunities and strengthening its position in the DeFi market. This case study demonstrates Exo's ability to deliver complex blockchain solutions that meet the evolving needs of leading DeFi platforms.
Supercharging Wasabi's Growth With Solana
Exo
Jan 23, 2025
Case Study
As a product-first dev shop, we were initially reluctant to work with any third party for software solutions. Decided to give Exo a shot after multiple recommendations and urgency to deploy on Solana fast. Safe to say they went above and beyond our expectations with their professionalism, commitment to quality code and deep knowledge and understanding of the Solana ecosystem. - Eren, Core Contributor to Wasabi Protocol
Client: Wasabi (https://www.wasabi.xyz/)
Industry: Decentralized Finance (DeFi)
Challenge: Wasabi, a prominent DeFi platform initially built for Blast and other EVM based blockchains, identified a significant growth opportunity within the Solana ecosystem. Solana's high transaction speeds and low fees attracted a large and active user base of traders that Wasabi wanted to tap into. However, porting their complex platform to a new blockchain with different architecture and programming languages presented a significant technical hurdle. Wasabi needed a partner with deep Solana expertise to ensure a successful and timely deployment.
Solution: Exo Technologies (https://exotechnologies.xyz/), a leading blockchain development firm specializing in Solana, was selected to spearhead Wasabi's expansion. Exo's team of experienced Solana developers worked closely with Wasabi to:
Architect the Solana integration: This involved meticulously analyzing Wasabi's existing EVM smart contracts, identifying core functionalities, and designing a robust architecture optimized for Solana's unique environment.
Develop a feature-rich Solana version: Exo's developers leveraged their deep understanding of Solana programming and development tools to build a version of Wasabi's platform that achieved feature parity with the original EVM version. This ensured a seamless user experience for traders migrating from Blast or joining Wasabi for the first time on Solana.
Ensure rigorous testing and quality assurance: Exo conducted comprehensive testing throughout the development process to guarantee the stability, security, and performance of the Solana platform, mitigating potential risks and ensuring a smooth launch.
Results:
By partnering with Exo Technologies, Wasabi successfully:
Expanded its market reach: The Solana deployment unlocked access to a new segment of DeFi users, significantly increasing Wasabi's potential user base and trading volume.
Accelerated time-to-market: Exo's expertise and efficient development process enabled Wasabi to deploy its Solana platform quickly, capitalizing on the growing momentum of the Solana ecosystem. Wasabi was able to start development and get deployed onto Solana in roughly 4 months.
With nearly 50% of their total volume, Solana quickly grew into a market that rivals the other blockchains their platform is deployed on.
Conclusion:
Exo Technologies' deep Solana expertise and commitment to quality enabled Wasabi to seamlessly expand to a new blockchain, unlocking significant growth opportunities and strengthening its position in the DeFi market. This case study demonstrates Exo's ability to deliver complex blockchain solutions that meet the evolving needs of leading DeFi platforms.