Hiveswap, a decentralized exchange (DEX) within the Bitcoin ecosystem, was introduced in 2024 to offer seamless liquidity services across different layers of the Bitcoin network. It facilitates asset swaps within Bitcoin Layer 1 (L1), the MAP Protocol interoperability layer, and multiple Bitcoin Layer 2 (L2) solutions. Hiveswap's goal is to improve liquidity and interoperability for Bitcoin and other cryptocurrency assets, bridging the gap between traditional and decentralized finance (DeFi).
Hiveswap utilizes the MAP Protocol to enable interoperability and liquidity across Bitcoin L1, L2, and other supported chains. It supports peer-to-peer asset swaps between Bitcoin and various EVM-compatible chains, enhancing liquidity and trading opportunities. The platform's support for inscription assets and liquidity pools for BTC-related assets makes it a versatile and comprehensive platform for decentralized trading within the Bitcoin ecosystem. Hiveswap's user-friendly interface and integration with the MAP Protocol ensure secure and efficient transactions, providing a reliable solution for users seeking to capitalize on the liquidity of Bitcoin and other blockchain assets.
HIVP has a total supply of 2,100,000,000.
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