The Metaplex Basis, in partnership with Mutant Labs, has introduced the launch of MPL-404, an progressive framework and on-chain protocol that integrates fungible and non-fungible belongings in an idea referred to as “hybrid DeFi.”
Mutant Labs, identified for its experience in hybrid DeFi options on Solana, has contributed its SPL-404 swap program to the Metaplex Program Library (MPL) to broaden the capabilities of MPL-404 and improve the event of latest hybrid DeFi packages and instruments.
This initiative goals to boost Solana’s performance and help its development as a most well-liked blockchain for digital belongings and web3 purposes.
![](https://nftplazas.com/wp-content/uploads/2024/06/mpl-404.png)
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