Xandeum is developing a smart-contract-native storage layer for Solana that introduces “Xandeum buckets,” an exabytes+ scalable file system integrated into Solana RPC nodes. Its architecture offloads storage to a decentralized network of storage provider nodes (pNodes) supervised by Xandeum-enabled Solana validators, with pNodes, validators and liquid stakers earning additional rewards in SOL via dynamic fee markets. The team plans to unveil its Solana scaling blueprint at Breakpoint 2024 and to launch a storage-enabled liquid staking platform and the XAND token on October 29, with the first airdrop snapshot on October 8. Xandeum says early adopters who stake will be eligible for boosted rewards up to 10x. The project has run a community devnet that has completed over 4 billion transactions, and Xandeum Labs has raised $2.8M from its community to build the scaling solution. Xandeum is on track to launch its pNode network in early 2025 and will operate the liquid-staking product alongside the XAND DAO.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2024