Velar Dharma Becomes Bitcoin L2 Swap Provider in Xverse

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.

Bitcoin Layer 2 (L2) trading protocol Velar Dharma has announced a partnership with Xverse, a leading non-custodial wallet designed for Bitcoin’s L2 ecosystem.

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

With this integration, 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, where Velar’s deep liquidity pools will ensure fast, secure, and competitively priced swaps.

Xverse is a popular web3 wallet that serves as a secure and user-friendly gateway to the Bitcoin ecosystem.

The wallet enables users to store and trade a range of Bitcoin L2 assets, such as BTC, Ordinals, and Runes. Available as both a mobile app and a browser extension, the wallet offers robust support for Bitcoin-based assets and includes the option for enhanced security with built-in Ledger integration.

Commenting on the partnership, Velar Dharma CEO Mithil Thakore said, “We’re thrilled to become the exclusive swap partner for Xverse, whose wallet provides 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,” he added.

Echoing this sentiment, Xverse CEO Ken Liao said, “The integration of Velar swaps in Xverse enhances user convenience and improves liquidity for Bitcoin L2 trading.”

Velar Dharma's entry into the Xverse wallet marks a significant milestone in its journey to becoming 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 serves as 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.