Velar Dharma Integrates with Xverse Wallet for Bitcoin L2 Swaps
Velar Dharma, a Bitcoin L2 trading protocol, has integrated with Xverse, a non-custodial wallet that provides access to Bitcoin’s layer 2 ecosystem. This integration allows Xverse users to swap Bitcoin (BTC), Stacks (STX), and other assets, including stablecoins, directly within the wallet using Velar Dharma’s automated market maker (AMM).
This partnership makes Velar Dharma the sole provider of Bitcoin L2 swaps on the Xverse wallet dashboard, providing users with a seamless trading experience. Velar Dharma’s integration with Xverse will enable users to benefit from Velar’s high-performance trading engine and deep liquidity pools, allowing for quick and competitive swaps. Velar Dharma is also planning to support additional Bitcoin L2s in the future, providing Xverse users with even greater access to opportunities within the Bitcoin DeFi ecosystem.
What Does This Mean for Users?
- More convenient trading: Xverse users can now trade Bitcoin and other assets directly within their wallet, without needing to switch to another platform.
- Improved liquidity: Velar Dharma’s deep liquidity pools offer users more competitive swap rates.
- Access to a wider range of assets: Velar Dharma’s integration with Xverse opens up access to a wider array of Bitcoin-based tokens.
This partnership marks a significant step for Velar Dharma as it aims to become the preeminent decentralized exchange within the Bitcoin ecosystem. The integration with Xverse, a popular and trusted wallet, will bring Velar Dharma to a wider audience of Bitcoin users, enabling them to explore the growing Bitcoin DeFi ecosystem.
To learn more about Velar Dharma, visit their website: https://velar.co/
To learn more about Xverse, visit their website: https://www.xverse.app/
This integration is a promising development for the Bitcoin ecosystem, providing users with more convenient and efficient ways to interact with Bitcoin’s layer 2 protocols. It remains to be seen what impact this will have on the broader crypto market, but it is clear that Velar Dharma and Xverse are committed to driving innovation and accessibility in the Bitcoin ecosystem.
