Xverse: Runes Swap Live!
Product Launch
Xverse is launching a multi-provider Runes swap feature, first available on the desktop extension, with a mobile version coming soon.
Functionality
The feature allows users to use Bitcoin or Runes as a base token for swaps. It aggregates listings from platforms like Magic Eden, Unisat and AMM pools such as DotSwap to ensure users receive competitive rates and effective matches. Initially Xverse will be integrating with these three platforms at launch.
CEO Statement
Ken Liao, CEO of Xverse, “This new feature is a game changer or the Runes ecosystem. We’ve brought the simple swap experience that people are used to right into the wallet. At the same time, users can easily access multiple providers to get the best prices.”
User Experience
The new feature is designed to simplify the trading process by integrating multiple providers into one platform, enhancing the user experience and making it easier for newcomers to engage in Runes trading.
Non-Custodial
Xverse and the involved marketplaces do not hold user assets during swap transactions. With the use of Partially Signed Bitcoin Transactions, all assets needed for the swap are included within the transaction created by Xverse, requiring one block confirmation for finality.