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RunesTerminal Joins Forces with DotSwap to Build Next-Gen BTC Utility

The Bitcoin landscape is changing by the day. The advent of Runes has evolved the space.
5/3/2024
btcterminal.io
RunesTerminal Joins Forces with DotSwap to Build Next-Gen BTC Utility

The Bitcoin landscape is changing by the day. The advent of Runes has evolved the space. What once was simple a P2P cash mechanism is now a secure foundation for DeFi activity, novel utility, and brilliant new memes. The infrastructure is in its infancy — but it’s growing by the day.

What is DotSwap?

DotSwap is one of the teams that is leading the running in making BTC DeFi accessible to everyone, and we are ecstatic to announce a deep strategic partnership with them to complete our common missions.

DotSwap is a first-mover powerhouse in the space that is bringing the total crypto experience to Bitcoin. DotSwap lets users swap BTC assets natively, securely and trustlessly through their unique AMM that embraces all new BTC innovation.

On DotSwap, users can swap Runes, BRC-20 and ARC-20 tokens easily. DotSwap is fully BTC native with all transactions completed directly on Bitcoin L1 itself. DotSwap has done great work to minimise front-running risks through their indexer and decentralised sequencing, and users can swap assets directly from their wallets without having to place their funds in escrow. DotSwap even works on mobile through the use of the OKX Web3 app.

DotSwap is more than just a pure-trading platform though, with the app letting users mint new Runes token, furnish liquidity pools with assets, and even become part of the DotSwap DAO who is in charge of managing the app’s expansion.

An Alliance to Build Crypto’s Future

We are ecstatic to bring DotSwap into our partnership network and to have the benefit of their immense technical and strategic expertise, while helping them in turn expand their Runes profile, and connecting them to the rest of our network of brilliant teams that are already here. Working closely with DotSwap will help finesse RunesTerminal’s portfolio of products and introduce them to DotSwap’s awesome community.

This year is going to change Bitcoin forever, and teams like DotSwap are the architects of that change. Welcome to the alliance, DotSwap. We look forward to building the future together with you.