The Bitcoin trading protocol aims to unlock more Bitcoin liquidity and yield-generating capabilities for BTC holders.
Velar has launched the world’s first Bitcoin perpetual swaps decentralized exchange (DEX) in beta, attempting to create more utility around the world’s first cryptocurrency.
The new Velar Artha perpetual swaps DEX launched on BOB (Build on Bitcoin) on Sept. 16, according to an announcement shared with Cointelegraph.
The milestone launch could unlock newfound Bitcoin (BTC) liquidity for the ecosystem, according to Mithil Thakore, the co-founder and CEO of Velar.