diff --git a/progress-reports/ibc-integration/SodaX-v23-Dec-25-progress-report.md b/progress-reports/ibc-integration/SodaX-v23-Dec-25-progress-report.md
new file mode 100644
index 0000000..1306b06
--- /dev/null
+++ b/progress-reports/ibc-integration/SodaX-v23-Dec-25-progress-report.md
@@ -0,0 +1,44 @@
+# SodaX - December 2025 Progress Update
+
+## Intro
+This progress report is for SodaX related development work by Venture23 Team. 
+The next phase of the project will focus on SodaX Phase 1 development and deployment. The report is from  1-Dec-2025 to 31-Dec-2025
+
+## Summary
+For more details please see : <br>
+https://github.com/icon-project/IBC-Integration <br>
+https://github.com/icon-project/ibc-relay <br>
+https://github.com/icon-project/xcall-multi <br>
+https://github.com/icon-project/centralised-relay<br>
+https://github.com/icon-project/intent-relay<br>
+https://github.com/icon-project/Icon-network-solver<br>
+https://github.com/icon-project/intent-contracts
+
+## Milestones
+Milestone 1 - SodaX Mainnet - Phase1 - TBD
+
+
+## Deliverables Ready
+
+| Name | Development State | Notes | Source / location |
+|:----- |:------------------ | :----| :----------------| 
+| Quote Caching System |  Completed| Solver | https://github.com/icon-project/sodax-solver-v2/issues/4 |
+| Solver V2 Execution Modules |  Completed| Solver | https://github.com/icon-project/sodax-solver-v2/issues/12 |
+
+
+## Deliverables Projected for Next Cycle
+
+
+| Name | Development State | Notes |
+|:-----|:------------------|:------|
+| Near Integration to Sodax |  Integration and Testing| New Chain Integration - https://github.com/icon-project/sodax-contracts/issues/383 |
+| Stacks Integration to Sodax |  To be Audited | New Chain Integration | https://github.com/icon-project/sodax-contracts/issues/383 |
+| Solver V3 |  In Progress | New Chain Integration |  |
+
+
+
+## Sample of docs
+https://github.com/icon-project/IBC-Integration <br>
+https://github.com/icon-project/ibc-relay <br>
+https://github.com/icon-project/xcall-multi <br>
+https://github.com/icon-project/centralised-relay