Bitflow and Pontis Unveil the First Bitcoin Runes Automated Market Maker (AMM) on Stacks

This breakthrough provides a long-awaited scaling solution for Runes—Bitcoin-based tokens previously limited by slow transactions, high fees

Bitflow and Pontis have jointly unveiled the first Automated Market Maker (AMM) for Bitcoin Runes on Stacks, the premier Bitcoin Layer 2 (L2) solution. This groundbreaking development heralds a new era of scaling possibilities for Runes.

Previously hindered by sluggish transactions, exorbitant fees, the necessity for UTXO pre-splitting, marketplace listings, and transaction sniping, Runes are now poised to soar to new heights thanks to this AMM.

After the Stacks Nakamoto Upgrade, Bitflow boasts fast, economical transactions and a user-centric interface. Its liquidity pools offer AMM-powered pricing for any trade size, rendering marketplace listings obsolete.

According to Bitflow Co-Founder Dylan Floyd, “Some haven't realized it yet, but Bitcoin is fun again. Our Runes AMM gives everyone in crypto more reason to transact on BTC, which helps sustain network fees. Together with Pontis, we're making it easy for that liquidity to flow into novel swap and earn products.”

“At Pontis, we aim to create a secure and seamless bridging experience for Runes and other metaprotocol assets by engaging a consortium of trusted projects as node operators,” said Filip S, Core Contributor at Pontis.

He further stated that through this partnership, Pontis is enhancing the experience for BTC traders, enabling them to effortlessly interact with Runes via liquidity pools on Stacks. This marks a pivotal step in driving the adoption of Runes and shaping the future evolution of Bitcoin.

The signers include Asigna, Bima, Billy (BILLION•DOLLAR•CAT), DeSpread, Hermetica, Leather, Liquidium, OrdinalsBot, Pontis, StackingDAO, Sats Ventures, Xverse, Zest Protocol, Ducat, and Pooka.

The Runes AMM on Stacks is powered by a Uniswap-style liquidity pool, ensuring deep liquidity, minimal slippage, and swift price discovery for Bitcoin assets. Thanks to fast block times and reorg protection with the Nakamoto upgrade, Stacks can be abstracted from the user experience, allowing Bitflow to operate a Layer-1 Bitcoin DEX with execution on Stacks.

“The Bitflow team is constantly advancing Bitcoin token trading and we're working with them to enhance the Runes trading experience using both L1 and Stacks,” said Jan Smejkal, Chief Strategy Officer at Xverse.

The Runes AMM was launched on 12/17/2024, alongside sBTC. With the Pontis Bridge integrated into the Bitflow app, users can effortlessly bring BTC and Runes to the Stacks layer and trade at lightning-fast Nakamoto speeds.

At launch, swaps between native BTC and STX are enabled, while the sBTC-Runes liquidity pools offer an additional 5% BTC yield on sBTC deposits.

At launch, liquidity pools will support a diverse range of popular Runes, including BILLION•DOLLAR•CAT, DOG•GO•TO•THE•MOON, LIQUIDIUM•TOKEN, BASED•INTERNET•PANDA, SHORT•THE•DOLLAR, PUPS•WORLD•PEACE, POOKA•CANNOT•BE•STOPPED, ROOOOOOOOOONS, and USDh — the first Bitcoin-backed synthetic dollar on Runes.

Plans are in place for further expansion to BRC-20 tokens and native BTC assets, such as $ORDI, $TRIO, and more, based on community demand.

To ensure the highest levels of security and reliability, Bitflow undergoes regular audits by leading Bitcoin L2 auditing firms such as Coinfabrik, StrataLabs, and Clarity Alliance, which has also audited Stacks Core and sBTC. Bitflow is also engaging the community with a $100,000 bounty program on Immunefi.