Pablo

Pablo is a cross-ecosystem decentralized exchange built on Picasso, the Kusama parachain, using AMM pools for swaps across Polkadot, Kusama, and Cosmos assets with features such as liquidity bootstrapping pools, single-sided staking, and customizable fees. Its signature design turns liquidity protocol-owned: liquidity providers bond their LP tokens in exchange for the platform token at a discount, so the protocol holds liquidity long term and eases the outflow that follows incentive withdrawal. The Apollo oracle supplies cross-chain prices while Centauri and Mosaic connect IBC and EVM asset channels respectively.

As the trading layer of Composable's financial primitives, Pablo handles price discovery and asset entry within the ecosystem. The product has now entered a deprecation process, with swap and staking services for the exchange and the liquid staking token being wound down and interactions concentrated on the few pools that remain available.