- Velar Dharma integrates with Xverse to supply seamless in-wallet L2 bitcoin swaps.
- Velar is now the unique Bitcoin L2 swap supplier for Xverse customers.
- The partnership improves Xverse customers' entry to quick, safe and aggressive swaps.
Velar Dharma, a Bitcoin Layer 2 (L2) buying and selling protocol, has built-in its providers with Xverse, a number one non-custodial pockets designed for the Bitcoin L2 ecosystem.
This collaboration permits Xverse customers to seamlessly commerce property, together with BTC, STX and stablecoins, instantly of their pockets via 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 to commerce on the Stacks L2 community, with Velar's deep liquidity swimming pools guaranteeing quick, safe and aggressive 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 wide range of L2 Bitcoin property, together with BTC, Ordinals, and Run.
Out there as a cellular app and as a browser extension, the pockets affords strong assist for Bitcoin-based property, together with enhanced safety choices with built-in Ledger integration.
Velar Dharma CEO Mithil Thakore praised the partnership and stated, “We’re excited to develop into the unique swap companion of Xverse, whose pockets gives distinctive entry to the L2 Bitcoin ecosystem. This collaboration brings Velar Dharma buying and selling capabilities to Bitcoin natives, who can now commerce instantly of their pockets whereas retaining full custody of their property.
Ken Liao, CEO of Xverse, echoed this sentiment, stating, “The mixing of Velar swaps into Xverse will increase person comfort and improves liquidity for L2 Bitcoin buying and selling.
Specifically, Velar Dharma's entry into the Xverse pockets represents a big milestone in its quest to develop into the main decentralized trade inside the Bitcoin ecosystem. By supporting a number of Bitcoin L2 networks, Velar Dharma expands entry to decentralized finance (DeFi) alternatives for a rising variety of customers.
This integration marks a giant step ahead for each firms as they proceed to innovate within the Bitcoin DeFi house and provide customers safe, environment friendly and versatile buying and selling choices.
