- Velar Dharma integrates with Xverse to supply seamless Bitcoin L2 swaps within the pockets.
- Velar is now the unique Bitcoin L2 swap supplier for Xverse’s customers.
- The Partnership enhances Xverse customers’ entry to quick, safe, and aggressive swaps.
Velar Dharma, a Bitcoin layer 2 (L2) buying and selling protocol, has built-in its companies with Xverse, a number one non-custodial pockets designed for Bitcoin’s L2 ecosystem.
This collaboration permits Xverse customers to seamlessly commerce belongings, together with BTC, STX, and stablecoins, immediately inside the pockets by means of Velar Dharma’s automated market maker (AMM) engine.
Velar Dharma turns into Bitcoin L2 swap supplier in Xverse
Because of this partnership, Velar Dharma turns into the unique supplier of Bitcoin L2 swaps inside the Xverse platform.
Customers will now be capable of carry out trades on the Stacks L2 community, with Velar’s deep liquidity swimming pools guaranteeing quick, safe, and competitively priced swaps.
Xverse is a well-liked web3 pockets identified for offering a safe and user-friendly gateway to the Bitcoin ecosystem. The pockets permits customers to retailer and commerce a variety of Bitcoin L2 belongings, together with BTC, Ordinals, and Runes.
Out there as each a cellular app and a browser extension, the pockets gives sturdy help for Bitcoin-based belongings, together with the choice for enhanced safety with built-in Ledger integration.
Velar Dharma’s CEO, Mithil Thakore, praised the partnership, saying, “We’re thrilled to become the exclusive swap partner for Xverse, whose wallet gives unparalleled access to the Bitcoin L2 ecosystem. This collaboration brings Velar Dharma’s trading capabilities to Bitcoin natives who can now trade directly within the wallet while retaining full custody of their assets.”
Ken Liao, CEO of Xverse, echoed this sentiment, stating, “The integration of Velar swaps in Xverse enhances user convenience and improves liquidity for Bitcoin L2 trading.”
Notably, Velar Dharma’s entry into the Xverse pockets represents a major milestone in its quest to turn into the main decentralized alternate inside the Bitcoin ecosystem. By supporting a number of Bitcoin L2 networks, Velar Dharma is increasing entry to decentralized finance (DeFi) alternatives for a rising variety of customers.
This integration marks a serious step ahead for each firms as they proceed to innovate within the Bitcoin DeFi house, providing customers safe, environment friendly, and versatile buying and selling choices.