Velar’s new Bitcoin DEX offers yield and liquidity for BTC holders. 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. https://yakihonne.s3.ap-east-1.amazonaws.com/89f93336152fbe149c10445b7e780339e16f9ed7ceeb1596414c65c2779b7582/files/1726497527576-YAKIHONNES3.webp
Yield Generation: By participating in liquidity pools, users can earn rewards, making the DEX healthier and more efficient. This mechanism encourages BTC holders to contribute their assets, thereby increasing overall liquidity on the platform.Enhanced Liquidity: The DEX aims to improve the liquidity available for Bitcoin trading, which is crucial for facilitating smoother transactions and better price discovery in the market
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