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About Xyra Labs
Between March and September 2026, Xyra Labs underwent a strategic pivot. On April 10, 2026, the team announced the discontinuation of Xyra Perps on Aptos (effective April 13) due to increased Aptos gas fees, making an on-chain perpetuals platform impractical. This marked a transition toward core cross-chain infrastructure. On June 27, 2026, Xyra Labs integrated $TON into Xyra Swap, expanding multi-chain trading to 10 blockchain ecosystems and reducing the need for bridges or multiple wallets. Looking ahead, the company is focusing on scaling its cross-chain swap platform, aggregator SDK, and Gas Station SDK, while deepening developer and business support to drive the next wave of DeFi interoperability.
Co-founders: Parthasarathy Ramanujam (LinkedIn: https://www.linkedin.com/in/parthasarathy-ramanujam/?originalSubdomain=uk, Twitter: https://x.com/ch4r10t33r) and Karthik Subramanian (Co-Founder, per company LinkedIn). Core executives: Antony Ranjith (Head of Engineering), Krishna Chawla (Head of Marketing), Madhusudhan Ravi (Head of Products).