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Velar Launches First Decentralized PerpDex on Bitcoin

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by Giorgi Kostiuk

3 days ago

Velar has officially launched the world's first decentralized perpetuals exchange, specifically built for Bitcoin.

Trading on Bitcoin Without Compromise

Velar's PerpDex benefits from the Stacks blockchain's fast block times and decentralization, offering BTC holders improved capital efficiency.

Launching the first PerpDEX on Bitcoin is a defining milestone for the future of DeFi on Bitcoin.Mithil Thakore

Innovations for Bitcoin DeFi

Perpetual trading is highly active but has been mostly inaccessible to Bitcoin users. Velar's integration with Heretica's USDh stablecoin enables Bitcoin-native perpetual contracts.

New Tier for Bitcoin Holders

With the launch of PerpDex, Velar serves as a foundational layer for Bitcoin-native financial products, offering access to advanced trading tools within the Bitcoin-secured ecosystem.

Perpetual trading is one of the most important products in crypto, and now thanks to Velar, it’s finally possible on Bitcoin.Jakob Schillinger

The launch of Velar PerpDex on Bitcoin opens new opportunities for the development of decentralized financial tools within the Bitcoin ecosystem.

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