1/16
Crypto's modular era created hundreds of fast chains but also trapped liquidity in isolated islands. @spicenetio is building a Spatial Overlay Network (SON) - middleware that lets assets flow between chains without bridges.
Let's look at what they're building https://t.co/dSCuR6Ty2h

2/16
Between 2021-2024, crypto went modular: execution, consensus and data-availability got split into components. Rollups relieved ETH congestion, @Celestia/ @eigen_da/ @AvailProject made data storage cheap. Great performance achieved, but every L2 became its own liquidity silo

6/16
Progress so far:
🔸 @ThePepperDEX prototype (Q1 2024),
🔸 $3.4M seed round (Q4 2024),
🔸 Testnet #2 with Celestia DA (Q1 2025),
🔸 Whitepaper + $HotUSD vault (Q2 2025).
🔸 Next up: Mainnet Phase I with pilot partners Q3 2025,
🔸 Then PepperDEX spot/futures Q4 2025

4/16
Three core components make this work:
❇️MoveVM everywhere - verifiable execution regardless of DA choice
❇️Liquidity as first-class module - NOL vaults + AMM network
❇️Wallet &amp; gas abstraction - any key-pair works, fees auto-handled https://t.co/iiIi1oYl8D

5/16
Team started as a research pod inside Movement Labs back in Q3 2023. Core engineers came from @Aptos, @osmosiszone and @jump_pit's
@wormhole_labs - builders who know the cross-chain mess from experience

3/16
Spicenet's SON is a logic layer that sits above L1s/L2s, orchestrating state across them. Developers get a single programmable surface for cross-chain value flows. It's middleware for chains, enabling native communication between isolated ecosystems