Exactly Protocol Scales Onchain Credit to One Million Users by 2026
Exactly Protocol Scales Onchain Credit to One Million Users by 2026
💳 Million User Target
Exactly Protocol achieved major milestones in 2025, transforming from concept to live product processing millions in onchain credit card volume monthly.
Key 2025 Developments:
- February: Partnership with Uphold to integrate Exa Credit Card and Loans
- March: Launched Exa App for crypto-to-credit conversion
- July: Added Exa Loans and LiFi Swaps to DeFi section
- September: Deployed Exa Mini App on Base App during BaseCamp
- November: Launched KYC-enabled Exactly Protocol on Base for regulated fintech integrations
- November: First Exa Card purchase completed directly in Uphold App
The platform now processes a new Exa Card purchase every two minutes, with live statistics showing consistent growth.
2026 Goal: Scale to one million Exa users across multiple platforms including Exa App, Uphold App, Base App, and new partnerships.
The protocol creates a global, onchain fixed-rate credit market without traditional banking infrastructure, allowing users to maintain crypto holdings while accessing instant credit through their Visa Signature Credit Card.
Exactly Protocol Bridges to Base via Hyperlane
Exactly Protocol has completed a bridge transaction to Base using Hyperlane infrastructure. The transaction was recorded on June 30, 2026, marking the protocol's cross-chain expansion. **Key Details:** - Bridge executed through [Hyperlane](https://explorer.hyperlane.xyz/message/0xb88c0dfdfe29ab093f3b5752c411e2f57e172e68181e88274ae2bd3eecb8b448) - Destination: Base network - Part of ongoing Superchain integration This follows Exactly's earlier announcement of Hyperlane support for Superchain bridging.
ABDK Consulting Completes Independent Audit of Cross-Chain Implementation
**ABDK Consulting has finalized an independent security audit** of a cross-chain implementation, with the full report now available on GitHub. **Key Details:** - The audit was completed on June 30, 2026 - Full documentation is accessible at: [ABDK EXA token cross-chain audit report](https://github.com/exactly/audits/blob/main/ABDK%20EXA%20token%20cross-chain%20(Mar-26).pdf) - This follows a pattern of security audits for cross-chain architectures in the DeFi space The completion of this audit represents an important step in validating the security of cross-chain token implementations.
🔵 EXA Token Goes Live on Base Network
**EXA token has been deployed on Base**, maintaining the same contract address as on OP Mainnet for consistent cross-chain identity. **Key Details:** - Contract address: [0x1e925de1c68ef83bd98ee3e130ef14a50309c01b](https://basescan.org/address/0x1e925de1c68ef83bd98ee3e130ef14a50309c01b) - Deployment approved through EXAIP-30 governance proposal - Total supply remains fixed at 10M EXA tokens across both Base and Optimism - No additional tokens will be minted from this deployment The cross-chain expansion completes the protocol's multi-chain strategy while preserving the token's total supply cap.
Exactly DAO Approves Protocol Split: Decentralized Core + Consumer App
The Exactly DAO has approved **EXAIP-32**, a proposal that formally splits the project into two entities: - **Exactly Protocol** remains decentralized and DAO-governed - **NewCo** will operate the Exa App as a consumer-facing application designed to scale This reorganization, which was put to vote on May 16th, formalizes a structure where the protocol maintains its decentralized nature while enabling a separate company to build and scale consumer products on top of it. The approval follows the recent DAO decision to deploy the EXA token on Base, signaling continued development across both the protocol and application layers.
🚀 cbXRP Cap Hits $1.5M
Following community approval of EXAIP-31, Exactly has successfully increased the cbXRP supply cap to $1.5 million on Base. **Key Details:** - Implementation completed on April 28, 2026 - Transaction verified on [Base blockchain](https://basescan.org/tx/0xc691c75bbecea2d237f15a4ae625d1c51d6f77e2651bbc2c2d78e100df4319e4) - Further increases planned over coming weeks, targeting $15M total cap **Timeline:** - April 18: Proposal introduced - April 25: Community vote passed - April 28: Implementation executed This expansion allows more users to utilize cbXRP as collateral within Exactly's lending protocol.