Bitcoin gets first trustless AMM + cross-chain stable swaps with Arch unlocks
Today is a historic day for Bitcoin, with the testnet launch of two dApps fueling transformative innovation on the Bitcoin base layer with Arch Network technology.
Bitcoin’s first trustless AMM with the Saturn DEX
Saturn has created the first decentralized AMM on the Bitcoin base layer, offering trustless swaps with liquidity pools made possible by Arch’s bridgeless execution platform.
Using Saturn, Bitcoiners can …
- Access trustless AMM swaps. Users take no additional trust assumptions outside of Bitcoin when swapping their assets.
- Build LPs for Runes. Users can earn yield for bridgelessly staking assets on Runes liquidity pools fueled by Arch execution.
- Trade Bitcoin assets at speeds faster than ETH. For every UTXO transaction, users can make 25 swaps instantly per Bitcoin block.
These landmark improvements in speed and user experience are enabled by the Arch Network’s unique architecture — a purpose-built Bitcoin VM and Decentralized Validator Network that allows Bitcoin dApps to send smart contract instructions directly through UTXOs while remaining anchored to the Bitcoin base layer.
“We took Saturn as far as we could on the base layer, and Arch is what takes it to the next level,” says Hex, the director of Saturn.
Start Swapping Runes + Building Liquidity Pools on Saturn
Perform cross-chain stablecoin swaps + form LPs on funkybit
The decentralized liquidity protocol funkybit is also launching today, using Arch to enable the first-ever cross-chain swaps between native Bitcoin and USDC stablecoins on Base.
Users can directly swap Bitcoin with USDC or vice-versa, creating more accessible liquidity across ecosystems in trust-minimized fashion.
With their upcoming memecoin launchpad, funkybit will soon allow you to …
- Create memecoins instantly, saving on minting fees without burning BTC
- Trade Bitcoin and memecoins against USDC in lighting-fast liquidity pools
- Do it all directly from your Bitcoin wallet using UTXOs
By building on Arch, funkybit users get access to a Bitcoin-native UX and smart contract-like programs that don’t require bridging to access.
While utilizing liquidity pools with stablecoins, users will place trust in funkybit’s high-performance cross-chain sequencers.
Start Minting Runes + Swapping Cross-Chain Stablecoins on funkybit
Test-drive the future of Bitcoin with Arch
Arch, Saturn and funkybit are all offering various incentives for Bitcoiners to try our testnet technology as we march toward mainnet launch.
You can claim your space suit and start earning rewards for off-chain and on-chain activities by connecting your wallet to our Archstronaut Dashboard.
You can also see our roadmap and how the points program works in this X thread.
Want to learn more?
Read the Arch Whitepaper
Apply to Build on Arch
Follow us on X