RE: Q1 Update :31 Mar 2026 19:38
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This elevated baseline was demonstrated by a record-breaking January, where transaction volume surpassed the $10 million benchmark followed by a strong February with $6 million in processed volume.
This new corridor is strategically important because it gives Vortex a more stable execution environment for larger client flows, with liquidity already operating at a level that supports faster and more immediate transaction handling.
Currently, our March volume stands at $1.8 million. This temporary reduction from the new corridor is the result of three specific operational factors:
Infrastructure Enhancements: We conducted technical upgrades on the Vortex platform, which resulted in temporary outages but are essential for further improving long-term platform stability.
Banking Partner Transition: A major institutional client utilizing our Brazilian PIX-based settlement rails is currently in the process of changing their local banking partner.
Compliance and Client Review: As Vortex rapidly ramps up volume with our institutional partners, we are conducting necessary clarifications and reviews of our client base following standard compliance procedures.
We expect these compliance reviews and partner transitions to be successfully concluded in the upcoming weeks, ensuring that volumes can resume their flow and continue to grow securely.
Strategic Expansion: Deploying FX DEX Technology on Base
In parallel with our fiat-to-crypto ramping services, SatoshiPay is expanding its decentralized foreign exchange (FX DEX) technology. Powered by the oracle-guided AMM technology of Nabla.fi and operated by Pendulum we are deploying one of the most popular FX pairs, EURC-USDC, on the highly active Base network.
All technical tests were successfully completed last week, and the smart contracts are now fully deployed. This week, two major DEX-Aggregators are cleared to integrate the DEX, which is expected to bring immediate users and volume to the protocol.
This strategic launch initiates commercial testing of our FX DEX technology in a high-volume, densely competitive environment. Our primary goal is to firmly establish the DEX by offering low-fee and low-slippage trades to Base users, positioning Pendulumβs FX infrastructure as a highly efficient alternative to standard DEXes currently dominating the network, such as Aerodrome, Uniswap, and PancakeSwap.
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Retail Growth: Direct-to-DeFi Widget Ramps
On a third strategic track, SatoshiPay is accelerating the marketing of the Vortex Widget to retail users. We are developing innovative crypto token ramps designed to streamline the user journey so that fiat conversions can end up directly as liquidity in a yield-bearing DeFi protocol, for example Aave, Hyperliquid or Pendle.
A proof-of-concept for this innovative application of Vortex Finance technology is currently in the prototype phase.