Xcavate has been busy building over the summer. The testnet is up and running, and the Polkadot Assurance Legion has approved a grant for code auditing. Meanwhile, TGE is expected after the formation of the Xcavate Swiss Foundation.
In Polkadot Referendum 1745, Subwallet is requesting retroactive payment of 795K USDC for development from August 2024 to March 2025. Notable features in this period included unified address format support, swaps between ecosystem parachains, and cross-chain swaps powered by Chainflip.