RichSwap is the first trustless AMM DEX on Bitcoin L1.
No bridges. No wrapping. No custodians. Just pure, native Bitcoin swaps. Powered by REE (Runes Exchange Environment), RichSwap is unlocking Bitcoin-native DeFi.
Why RichSwap?
Bitcoin’s DeFi ecosystem is in its infancy, but most current solutions compromise on the core ethos of Bitcoin. They rely on:
- Bridges: Introducing massive security risks.
- Centralized custody: "Not your keys, not your coins."
- Slow Execution: Waiting 10-30 minutes for a swap is unacceptable for modern trading.
- Indexer extensions: Creating closed, fragmented systems.
RichSwap fixes this by supporting trustless liquidity pools directly on Bitcoin, executing trades in seconds, not minutes.
Key features of RichSwap
- Non-Custodial: Trade directly with your Bitcoin wallet—full control, no intermediaries.
- Fast: Transactions confirm within 5 seconds on the REE execution layer.
- Trustless: Liquidity pools are powered by smart contracts instead of multi-signature wallets, operating trustlessly through decentralized coordination.
- No front-running and MEV: RichSwap uses SIGHASH_ALL, ensuring that trades cannot be modified after signing, preventing miners from sandwiching your trade.
New Features & Updates
- Runes-to-Runes Swaps: Swap any two Runes in a single transaction. Efficient, faster, and with lower fees than hopping through BTC.
- Flash Trade: Swap and add liquidity using unconfirmed UTXOs. Your balances update instantly, allowing you to execute consecutive trades without waiting for Bitcoin block confirmations.
- Precision Pricing & Full History
- Post-Swap Price: The chart now displays the "Post-Swap" price of the pool, reflecting the real-time state of liquidity rather than just the last traded price.
- Full Trade History: You can now paginate through the entire trade history of a pool, from genesis to now. Transparency is our currency.
- Trading Activity Dashboard: A dedicated section below the chart lets you watch live trades, track your own history, and monitor your orders.
- LP Lock
Boost trust in your liquidity. You can now lock your LP tokens for a specific period (1 week to 1 year). This applies to your entire position in a pool, signaling long-term commitment to the community.
- Donation Feature
Anyone can now donate BTC directly to a liquidity pool via the UI. This boosts pool depth and supports the liquidity flywheel for your favorite Runes.