
PANews|May 23, 2025 12:08
Gavel is becoming the most anticipated rookie launch platform in the Solana ecosystem,
And the test coin IBRL it launched may not only be a technical demonstration, but also a paradigm experiment about "fair launch".
In the Solana ecosystem where token issuance frequently encounters MEV competition and robot arbitrage, Gavel hopes to break the deadlock with a new mechanism.
Developed by the star team Ellipsis Labs, Gavel focuses on fair distribution, anti pinch AMM design, and automatic liquidity recovery, aiming to provide structured, secure, and low latency financing tools for project parties.
To showcase the complete process of the platform, Gavel launched a test coin IBRL, simulating the entire process of "public fundraising online destruction" without airdrops or expected uses. However, it attracted over 2480 participants and raised over 30000 SOLs in a short period of time, with a market value exceeding 36 million US dollars at one point.
Jarry Xiao, the developer behind Gavel, used to work at Solana Labs, and another founder participated in AMM research on preventing MEV attacks. The project also received support from Paradigm and Solana founder Tony.
And IBRL itself has long evolved from a test coin to a symbol of Solana community culture - its name "increase bandwidth, reduce latency" is precisely the core performance narrative of Solana that Toly repeatedly emphasizes.
With the emergence of demands such as RWA and AI agents, Solana network urgently needs efficient and secure infrastructure to accommodate the arrival of real assets and mainstream users.
Whether Gavel's experiment can lead a wave of change in the "specialized launch platform" remains to be verified over time, but it is showing us another possibility for Solana's on chain capital market.
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