Blockstream’s Liquid pushes for DeFi with new decentralized exchange

[Lenipiw]

Bitcoin DeFi is coming, but it’s not really on Bitcoin. A decentralized exchange built on the Liquid network is opening for early access on Monday.

Called TDEX, the project has announced its entry into an Open Alpha stage. It’s being built by Sevenlabs — a firm that provides consulting and white-labeling services in addition to its current work.
Visit here: https://cointelegraph.com/news/blockstreams-liquid-pushes-for-defi-with-new-decentralized-exchange

[highnayem34]

The exchange provides a fairly unique twist to the Automated Market Makers currently dominating on-chain exchange volume. The TSWAP protocol used by the exchange focuses on ad-hoc atomic swaps, a way of conducting a trade between two counterparties without intermediaries.