Velar Dharma companions with Xverse Pockets to allow Bitcoin L2 swaps

• 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 providers with Xverse, a number one non-custodial pockets designed for Bitcoin’s L2 ecosystem.

This collaboration permits Xverse customers to seamlessly commerce property, together with BTC, STX, and stablecoins, instantly inside the pockets by 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 making certain 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 property, together with BTC, Ordinals, and Runes.

Obtainable as each a cell app and a browser extension, the pockets gives strong assist for Bitcoin-based property, 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 grow to be the unique swap accomplice for Xverse, whose pockets provides unparalleled entry to the Bitcoin L2 ecosystem. This collaboration brings Velar Dharma’s buying and selling capabilities to Bitcoin natives who can now commerce instantly inside the pockets whereas retaining full custody of their property.”

Ken Liao, CEO of Xverse, echoed this sentiment, stating, “The combination of Velar swaps in Xverse enhances consumer comfort and improves liquidity for Bitcoin L2 buying and selling.”

Notably, Velar Dharma’s entry into the Xverse pockets represents a major milestone in its quest to grow to be 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 significant 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.