- 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, straight inside the pockets by Velar Dharma’s automated market maker (AMM) engine.
Velar Dharma turns into Bitcoin L2 swap supplier in Xverse
As a results of this partnership, Velar Dharma turns into the unique supplier of Bitcoin L2 swaps inside the Xverse platform.
Users will now find a way to 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 recognized for offering a safe and user-friendly gateway to the Bitcoin ecosystem. The pockets permits customers to retailer and commerce a spread of Bitcoin L2 belongings, together with BTC, Ordinals, and Runes.
Available as each a cell app and a browser extension, the pockets gives strong assist 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 big milestone in its quest to turn out to be the main decentralized change 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 corporations as they proceed to innovate within the Bitcoin DeFi house, providing customers safe, environment friendly, and versatile buying and selling choices.
