Velar Dharma partners with Xverse Wallet to enable Bitcoin L2 swaps – Crypto News – Crypto News
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Velar Dharma partners with Xverse Wallet to enable Bitcoin L2 swaps Velar Dharma partners with Xverse Wallet to enable Bitcoin L2 swaps

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Velar Dharma partners with Xverse Wallet to enable Bitcoin L2 swaps – Crypto News

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  • Velar Dharma integrates with Xverse to offer seamless Bitcoin L2 swaps in the wallet.
  • Velar is now the exclusive Bitcoin L2 swap provider for Xverse’s users.
  • The Partnership enhances Xverse users’ access to fast, secure, and competitive swaps.

Velar Dharma, a Bitcoin layer 2 (L2) trading protocol, has integrated its services with Xverse, a leading non-custodial wallet designed for Bitcoin’s L2 ecosystem.

This collaboration allows Xverse users to seamlessly trade assets, including BTC, STX, and stablecoins, directly within the wallet through Velar Dharma’s automated market maker (AMM) engine.

Velar Dharma becomes Bitcoin L2 swap provider in Xverse

As a result of this partnership, Velar Dharma becomes the exclusive provider of Bitcoin L2 swaps within the Xverse platform.

Users will now be able to perform trades on the Stacks L2 network, with Velar’s deep liquidity pools ensuring fast, secure, and competitively priced swaps.

Xverse is a popular web3 wallet known for providing a secure and user-friendly gateway to the Bitcoin ecosystem. The wallet allows users to store and trade a range of Bitcoin L2 assets, including BTC, Ordinals, and Runes.

Available as both a mobile app and a browser extension, the wallet offers robust support for Bitcoin-based assets, including the option for enhanced security 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 wallet represents a significant milestone in its quest to become the leading decentralized exchange within the Bitcoin ecosystem. By supporting multiple Bitcoin L2 networks, Velar Dharma is expanding access to decentralized finance (DeFi) opportunities for a growing number of users.

This integration marks a major step forward for both companies as they continue to innovate in the Bitcoin DeFi space, offering users secure, efficient, and flexible trading options.

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