Introduction

Mullex is an innovative decentralized unified liquidity layer designed to aggregate stablecoin liquidity across different chains and extend it to more ecosystems. Using secure TSS technology, Mullex can combine various multi-chain stablecoins (currently supporting USDC) into an interest-bearing stablecoin, muUSD, and connect to more blockchains, enabling decentralized and rapid liquidity distribution.

Value Proposition

Where Stablecoins flow without borders, but with security, speed and yield. We aim to aggregate stablecoin liquidity across different chains and extend it to more ecosystems. Decentralized consensus mechanism using TSS technology to ensure network security

Cross-chain liquidity transfer and management taking less than 10 seconds for higher capital efficiency

Native interest-bearing stablecoin $muUSD and multiple TVLs across various chains

$muUSD has no centralized exposure risks and can continuously earn interest from the liquidity middle layer (estimated APY of 5%)

Uniqueness Factor

Mullex’s uniqueness stems from its foundational use of TSS technology for decentralized consensus. Unlike many existing cross-chain solutions that rely on multi-signature schemes or a small, fixed set of validators. TSS - This cryptographic approach ensures that no single entity ever holds the complete private key, significantly enhancing security and resilience against attacks.

Native, interest-bearing stablecoin, $muUSD.

While some protocols allow users to stake stablecoins to earn a yield, $muUSD is designed to be inherently interest-bearing. By aggregating stablecoins like USDC from various chains, Mullex deploys this liquidity into secure, yield-generating strategies within its middle layer. The returns from these strategies are then passed on to $muUSD holders, allowing the stablecoin itself to appreciate in value with an estimated APY of 5%.

Mullex is also engineered for high capital efficiency, boasting cross-chain liquidity transfer and management in under 10 seconds. This rapid transaction finality is a significant advantage over many traditional bridging solutions that can be slower and more cumbersome. For users and DeFi protocols, this speed translates to reduced slippage.

Benefits for Users

Mullex aims to provide the ultimate stablecoin experience with security, speed and interest:

Earn Passive, Low-Risk Yield: NO STAKING, NO LOCKING, NO COMPLEX STRATEGIES—just pure, passive yield generation. Traditional stablecoins pay nothing while earning billions. $muUSD changes that paradigm.

Enhanced Security of Funds: The use of Threshold Signature Scheme (TSS) technology provides a more decentralized and robust security model. For a user, this means that the risk of a single point of failure or a centralized entity compromising the system is significantly reduced, leading to safer transactions.

Superior Capital Efficiency and Speed: The ability to transfer liquidity across different blockchains in under 10 seconds is a major user benefit. This allows for quick and efficient movement of funds to capitalize on opportunities in different DeFi ecosystems with minimal delay and potentially lower slippage on trades. This is faster than most CEX withdrawals and traditional bridges.

Benefits for Metis Ecosystem

A Simple, Native, and Interest-Bearing Stablecoin to Fuel the Ecosystem:

Serve as a native stablecoin provider for Metis’s DeFi ecosystems and build secure, reasonable yield scenarios to increase the Metis’s TVL

$muUSD can be used as margin for perpetual DEX trading, allowing users to meet both trading and yield needs at the same time

$muUSD can be organically embedded into DeFi protocols to boost Metis’s TVL

Roadmap

Q4 2025: Alpha Phase Expansion

Objective: Enhance the Alpha launch and broaden ecosystem integration.

Key Milestones:

Expand supported chains beyond Ethereum, Linea, and Metis to include BNB Chain and X Layer. Optimize cross-chain liquidity transfers to achieve sub-5-second transaction times. Strengthen TSS (Threshold Signature Scheme) technology with more nodes for enhanced security and decentralization. Q1 2026: Beta Phase and DeFi Integration

Objective: Transition to a public beta and establish $muUSD as a core stablecoin in DeFi ecosystems. Key Milestones:

Support additional stablecoins (e.g., USDT, USDG) for conversion to $muUSD. Integrate $muUSD as margin for perpetual DEX trading on at least two major platforms. Launch partnerships with emerging blockchains to serve as their native stablecoin provider. Implement automated liquidity rebalancing to minimize slippage across chains. Conduct security audits for TSS consensus and cross-chain bridge contracts. Q2 2026: Mainnet Launch and Ecosystem Growth

Objective: Achieve full mainnet deployment and drive ecosystem adoption.

Key Milestones:

Full mainnet launch (with TGE) with support for 10+ blockchains, including Solana and EVM chains. Enable $muUSD staking for additional yield opportunities (targeting 7-10% APY). Establish Mullex as a liquidity middle layer for at least five public blockchains with muUSD. Introduce governance features for $muUSD holders to vote on protocol upgrades. Expand TVL by integrating with major DeFi protocols (e.g., lending platforms, AMMs). Q3 2026: Scalability and Global Reach

Objective: Scale infrastructure and expand Mullex’s global presence.

Key Milestones: Optimize TSS consensus for handling 100,000+ daily transactions. Support cross-chain bridging for non-EVM chains (e.g., Polkadot, Cosmos). Launch $muUSD as a native stablecoin for at least three new public blockchains. Partner with centralized exchanges to list $muUSD for broader accessibility. Develop mobile app for Mullex bridge to enhance user access. Q4 2026 and Beyond: Maturity and Innovation

Objective: Solidify Mullex as a leading liquidity layer and innovate new features.

Key Milestones: Introduce advanced yield farming strategies for $muUSD with risk-adjusted returns. Expand to 20+ blockchains, covering major EVM and non-EVM ecosystems. Develop cross-chain derivatives trading using $muUSD as collateral. Establish a decentralized governance council for long-term protocol sustainability. Explore integration with real-world asset (RWA) tokenization for diversified liquidity pools.

Summary

An innovative decentralized unified liquidity layer designed to aggregate stablecoin liquidity across different chains and extend it to Metis.

Thank you for considering Mullex!

Official Links: Website, Docs, etc

• (https://x.com/MullexProtocol)

• Website

• Bridge App

• [Audits] (under security audit, no public report)