As we move closer to the launch of Xelis Smart Contracts and our DeFi ecosystem, the past month has been one of significant technical progress, design upgrades, and ecosystem partnerships. Here’s what the team has been working on across all fronts:
⚙️ Smart Contract Finalization
The Smart Contract module is essentially complete.
Key progress this month includes:
- •Inter-contract Calls and Scheduled Execution, allowing contracts to interact seamlessly and perform actions at specified intervals.
- •Ongoing collaboration with the Xelis Forge DEX Team, adding specific functions and support for their decentralized exchange launch.
These features lay the foundation for a powerful and flexible DeFi ecosystem built directly on Xelis.
💻 Xelis Explorer & Genesix Wallet Improvements
Both the Xelis Explorer and Genesix Wallet have received major visual and technical upgrades.
- •Sleeker, modern professional UI.
- •Enhanced functionality to display tokens and smart contracts, preparing the ecosystem for the upcoming DeFi launch.
Users can expect a smoother, more intuitive experience as we continue refining both tools for mainnet readiness.
🧱 Xelis Playground (Developers Studio)
The Xelis Playground — our upcoming Developer Studio — has seen significant progress.
- •Improved developer experience and project management capabilities.
- •Designed to become the central hub for onboarding dApp builders once smart contracts go live.
This tool will empower developers to create, test, and deploy on Xelis more efficiently than ever. Check-out the studio here: playground.xelis.io
🔥 Xelis Forge DEX Development
The Xelis Forge team continues to make strong progress on the decentralized exchange (DEX). Recent backend milestones include:
- •Implementation of Liquidity Pools and Automated Market Making (AMM) logic.
- •Development of the DAO contract.
- •Full database infrastructure creation (from scratch).
With core backend systems maturing, the team will soon shift focus to frontend development and UI integration.
🤝 Partnership with LetsExchange.io
We’re excited to announce our new partnership with LetsExchange.io, a leading non-custodial swap platform.
Through this collaboration:
- •Users can now swap directly on xelis.org.
- •In-wallet swaps and non-KYC exchange options are enabled, tapping into deep liquidity from major exchanges. Trade now at: letsexchange.io
This partnership enhances accessibility and liquidity within the Xelis ecosystem. It will also serve as a cornerstone partnership for in-wallet swaps in Genesix and as part of our XelisForge DEX.
👨💻 Other Developer Work
Common (Core):
- •Smart Contract environment improvements.
- •General bug fixes.
- •New API types.
Daemon:
- •P2P improvements.
- •Enhanced chain synchronization.
Wallet:
- •General Bug Fixes.
- •Integrated XSWD Relayer.
Database Engine Enhancements:
- •Reworked DB engine for improved Snapshot mode and database independence.
- •Removed overhead of iterators by using raw iterators.
- •Unique chain cache per storage/snapshot to prevent cache corruption during reorganizations.
- •Reworked Snapshot API for consistency and performance.
- •Introduced Dynamic Length for contract objects.
These updates improve performance and stability across the entire network infrastructure.
⛏️ XelisHashV3 Mining Algorithm
Development of the XelisHashV3 algorithm continues with active testing by leading miner developers.
This next-generation mining algorithm aims to:
- •Strengthen decentralization and egalitarian mining.
- •Further balance hashrate between CPUs and GPUs.
- •Reduce unfair advantages from non-consumer-grade GPUs.
This step is key to maintaining a truly fair and decentralized mining environment for all participants.
🚀 Looking Ahead
With Smart Contracts nearing completion, visual tools ready for DeFi, and a growing network of partners and developers, the Xelis ecosystem is entering its most exciting phase yet.
Our next update to the community will include the scheduled date of the hardfork to enable:
- Smart Contracts and XVM on Mainnet.
- Block Time Speed up (15s → 5s blocks).
- Dynamic Fee System, including Smart Contract Fee Burns!
- XelisHashV3 Mining Algorithm.
Stay tuned for the Smart Contract launch, Forge DEX user testing, and further updates as we continue to build the future of decentralized & confidential finance, powered by Xelis.
Tipping Address (XELIS ONLY)
xel:82zfcy3aa2pk2rzx6jpfnv7u3vkjcxhqs3hyghj45u9g2ccrrslsqk3vm3x
📌 Important Links
- •Xelis VM Playground: https://playground.xelis.io
- •Xelis LinkTree: https://linktr.ee/xelis
- •Website: https://xelis.org (Legacy: https://xelis.io)
- •Documentation: https://docs.xelis.io
- •Whitepaper: https://whitepaper.xelis.io/
- •
- •Fiat Onramp: https://onramp.xelis.io
- •Xelis Merchandise Store (PPN): https://xelis.io/merch or https://poolpartynodes.com/product-category/xelis-clothing-store/
📢 Social Links
- •Telegram: https://t.me/xelis_io
- •Discord: https://discord.gg/xelis
- •Twitter/X: https://twitter.com/xeliscurrency
- •Facebook: https://www.facebook.com/xeliscommunity
- •
- •Instagram: https://www.instagram.com/xeliscommunity/
- •LinkedIn: https://www.linkedin.com/company/xelis
- •Reddit: https://www.reddit.com/r/xelis/
- •
- •Official Medium: https://xeliscommunity.org
🔎 Explorer & Stats
- •Explorer: https://explorer.xelis.io
- •Stats Page: https://stats.xelis.io
💰 Listings
- •Exchanges: https://www.xelis.org/exchanges
- •CoinGecko: https://www.coingecko.com/en/coins/xelis
- •LiveCoinWatch: https://www.livecoinwatch.com/price/XELIS-__XEL
- •CoinPaprika: https://coinpaprika.com/coin/xel-xelis/
🌐 Community & Tools
- •Community Medium: https://xeliscommunity.org
- •Wallets: https://www.xelis.org/resources
- •Faucet: https://faucet.xelis.io