The Metaplex Foundation, in partnership with Mutant Labs, has announced the launch of MPL-404, an innovative framework and on-chain protocol that integrates fungible and non-fungible assets in a concept known as “hybrid DeFi.”
Mutant Labs, known for its expertise in hybrid DeFi solutions on Solana, has contributed its SPL-404 swap program to the Metaplex Program Library (MPL) to expand the capabilities of MPL-404 and enhance the development of new hybrid DeFi programs and tools.
This initiative aims to enhance Solana’s functionality and support its growth as a preferred blockchain for digital assets and web3 applications.
![](https://nftplazas.com/wp-content/uploads/2024/06/mpl-404.png)
![](https://nftplazas.com/wp-content/uploads/2024/06/mpl-404.png)
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Blockchain enthusiast and lifelong gamer.