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What is Dotswap?

Dotswap serves as a decentralized exchange developed on the Bitcoin network, facilitating effortless and trustless exchanges of multiple token standards such as BRC20, Runes, ARC20, and CAT20 directly on Bitcoin's Layer 1. Utilizing an Automated Market Maker (AMM) framework combined with Partially Signed Bitcoin Transactions (PSBTs), Dotswap enables instantaneous, fully on-chain atomic swaps, thereby removing the need for conventional deposit and withdrawal methods. Users can contribute BTC and BRC20 tokens to liquidity pools, earning trading fees while enhancing the market's overall liquidity. All assets are securely stored in multi-signature wallets, ensuring complete reserve backing for all transactions. The governance token, $DSWP, employs a veToken model, allowing holders to lock their tokens in exchange for voting rights and participation in the DAO’s decision-making processes. Beyond its trading capabilities, Dotswap offers a wide variety of additional tools, including minting and etching for Runes, as well as a launchpad for new projects, positioning itself as a holistic DeFi hub focused on Bitcoin-based assets. This all-encompassing strategy is designed to draw in a diverse audience eager to explore the opportunities within the decentralized finance ecosystem of Bitcoin. As the platform evolves, it aims to expand its features further, enhancing user engagement and fostering innovation in the space.

What is ChainX?

ChainX, hailed as the pioneering initiative within the Polkadot ecosystem, is committed to advancing and implementing innovations in Bitcoin's layer 2 scalability, acting as both a digital asset gateway and a relay chain for Polkadot's secondary layer. Its primary objective is to enable seamless cross-chain asset exchanges, which will lead to groundbreaking developments in the realm of Bitcoin Cross-DeFi. As Bitcoin approaches the impressive market capitalization of US$1 Trillion, it has established itself as a fundamental component of the digital currency landscape, showcasing remarkable potential for the evolution of blockchain technologies while solidifying Bitcoin's position as a preferred payment method and a reliable medium for transferring and storing value. Many observers suggest that we are just scratching the surface of the immense opportunities that Bitcoin presents. ChainX is passionately dedicated to improving and broadening the financial ecosystem surrounding Bitcoin's Layer 2, striving to enhance the movement of Bitcoin value, expand the possibilities for financial derivatives, and improve tools designed to protect against market volatility. Through these efforts, they aspire to unlock even greater opportunities for both users and investors, ultimately enriching the entire blockchain community.

Media

Media

Integrations Supported

Bitcoin
Acala
Bitget Wallet
EOS
Ethereum
Fractal
Koinly
Liquidium
Magic Eden
Mempool
OKX
Polkadot
UniSat Wallet
Wallet of Satoshi
Xverse

Integrations Supported

Bitcoin
Acala
Bitget Wallet
EOS
Ethereum
Fractal
Koinly
Liquidium
Magic Eden
Mempool
OKX
Polkadot
UniSat Wallet
Wallet of Satoshi
Xverse

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Dotswap

Date Founded

2023

Company Location

United States

Company Website

www.dotswap.app/

Company Facts

Organization Name

ChainX

Company Location

China

Company Website

www.chainx.org/en/

Categories and Features

Categories and Features

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