Bitcoin L2 Trading Protocol Velar Dharma Integrates With Xverse Wallet

Velar Dharma, a Bitcoin L2 trading protocol, has announced its integration with Xverse, a leading non-custodial wallet for accessing Bitcoin's layer 2 ecosystem. This integration will enable Xverse users to perform swaps powered by Velar Dharma's AMM directly within the wallet.

As a result of this partnership, Velar Dharma will become the exclusive provider of Bitcoin L2 swaps within the Xverse wallet dashboard. This integration will allow users to trade BTC, STX, and other assets, including stablecoins, on the Bitcoin L2 network Stacks.

Xverse's popular web3 wallet serves as a gateway to the Bitcoin ecosystem, enabling users to securely store and trade assets such as BTC, Ordinals, and Runes. It offers broad support for Bitcoin-based assets and is available for mobile and as a browser extension. The integration of Velar Dharma will further enhance these capabilities and provide a secure environment for executing Stacks swaps.

By integrating with Xverse, Velar Dharma will reach a broader audience of Bitcoin natives, who will be able to experience seamless swaps. Without any additional steps, Xverse users will have access to Velar's high-performance trading engine directly from their wallet interface.

Velar CEO Mithil Thakore commented on the partnership, saying, "We’re delighted to become the exclusive swap partner for Xverse, whose wallet provides unrivaled access to the best that Bitcoin and its growing L2 ecosystem have to offer. The ability to trade directly within Xverse is a game-changer that will introduce Velar Dharma's swap capabilities to Bitcoin natives, who can access an array of tokens while retaining full custody of their assets."

"The integration of Velar swaps in Xverse brings a new level of convenience and improvement to Bitcoin L2 liquidity for Xverse users,” said Ken Liao, CEO of Xverse.

Velar Dharma boasts deep liquidity pools, ensuring that Xverse users can quickly swap assets at competitive rates. Expanding beyond Stacks L2, Velar will now support additional Bitcoin L2s, giving Xverse users greater access to opportunities across the expanding Bitcoin DeFi ecosystem.

This exclusive partnership with Xverse marks a significant step in Velar Dharma's journey to becoming the premier decentralized exchange in the Bitcoin ecosystem. As the sole provider powering Xverse's swap functionality, Velar Dharma can showcase the efficiency of its AMM and enable users to maximize the potential of their Bitcoin assets.

About Velar Velar is building the user interface to access the most secure blockchain ever created. Velar Dharma enables anyone to effortlessly trade their favorite Bitcoin-based tokens via a user-friendly interface, while Velar Artha serves as the world's first Bitcoin perps DEX. Velar is laying the groundwork for a new era of Bitcoin-powered financial innovation by unlocking untapped liquidity and empowering users to take control of their digital assets.

Learn more: https://velar.co/ About Xverse

Xverse is the leading Bitcoin wallet that provides a user-friendly gateway to the growing Bitcoin ecosystem. Send and receive your digital collectibles in Xverse and enjoy the highest level of security with built-in Ledger support. Available as a Bitcoin mobile wallet and a browser extension for Chrome, Xverse enables users to buy, store, and swap BTC and STX, the native token of the Bitcoin layer-2 protocol Stacks.

Learn more: https://www.xverse.app/