Kinetex Presents Gateway to Bitcoin on SWAPS.IO
As we approach the launch of Flash Trade, let's remember the pivotal milestones of this journey.
Kinetex created the Liquidity Aggregation mode to tackle inadequate liquidity, which is typical for many decentralized platforms. Later, the team developed Flash Trade to address the remaining pressing DeFi issues. Flash Trade enables direct swaps between users and resolvers, introducing a trouble-free intent-based approach.
Flash Trade uses Hashi adapters and ZK light clients for security. Hashi's redundancy approach ensures reliability by validating cross-chain interactions through multiple independent mechanisms. ZK light clients remove the need for third-party validators, reducing the risk of malicious actors manipulating decisions.
One of Kinetex's most special features is its support for Bitcoin, which was made possible thanks to the creation of the Bitcoin ZK light client (BTCX). Other advantages include fast execution speed, MEV protection, zero slippage, and no liquidity pools.
Learn more on the Kinetex blog.
Kinetex Network: Website | Kinetex dApp