LOL

WTF is TX.LOL?

A fully functional AMM using nothing but the simple messages that already live on Bitcoin.
No bridges, no new tokens, just pure, unfiltered Bitcoin-native DeFi.

op: init

You commit your tokens for a set number of blocks (minimum 6 blocks).

Our Vibe

We took one look at the "smart contract or NGMI" narrative and said: "Hold my beer." This isn't just another AMM. It's a statement: Bitcoin doesn't need permission to evolve. We're pioneering a new design space for lending, options, and more, all built on virtual pools.

The Secret Sauce

Remember BRC-20 tokens? We hide actual financial logic in them. Our indexer reads these signals sent to Bitcoin, validates them, and makes the magic happen. The liquidity isn't locked in a multisig; it's mathematically committed through the most secure blockchain on Earth.

Everyone's welcome

Ready to cook onchain? Grab one of these supported wallets, load it with some sats, and meet us onchain. The rest is pure magic.

OPI: 1 — Protocol Specification

Trustless Swap on Bitcoin L1.

A new primitive for Bitcoin DeFi, operating without smart contracts, bridges, or permission.

Asymmetric Liquidity & Time-based Commitment

Liquidity Providers (LPs) commit for a set duration, creating stable liquidity and a new game theory.

Minimalist Operations

The protocol relies on two simple actions: init to provide liquidity and swap to execute a trade. No unnecessary complexity.

Off-Chain Indexer

All complex logic is handled by off-chain indexers, which interpret on-chain signals to maintain the system's state. The brain is off-chain, the security is on-chain.

Virtual Pools in a Parallel Dimension

Liquidity isn't stored in a contract. It's virtually reconstituted by the indexer, interpreting thousands of individual commitments as one unified, deep pool.

Aggregation

All liquidity for a pair is aggregated. No more fragmentation.

Pro-Rata Distribution

Swaps are distributed proportionally to all LPs, ensuring fairness.

Instant Activation

A pool becomes active as soon as bilateral liquidity exists, without delay.

OPI-001

The data structure and logic that make this system deterministic and reliable.

init: Provide Liquidity

Signals the intent to provide an amount of a token for a defined duration, committing the entire position.

{
  "p": "brc-20", 
  "op": "swap",
  "init": "lol,ordi", 
  "amt": "101000",
  "lock": "1000"
}

exe: Execute Swap

Signals the intent to exchange one token for another, using the aggregated virtual liquidity pool.

{
  "p": "brc-20",
  "op": "swap", 
  "exe": "ordi,lol",
  "amt": "1000", 
  "slip": "10"
}

Why It's So Good

This approach opens a new era for finance on Bitcoin.

Temporal Topology

Liquidity becomes a function of time, not just balance. It's an AMM where duration is a strategic dimension.

True TVL on Bitcoin L1

For the first time, a true Total Value Locked (TVL) can exist natively on Bitcoin, creating yield opportunities that didn't exist before.

Bitcoin-Native, Zero-Dependency

No bridges, no wrapping, no sidechains. Just Bitcoin. This brings DeFi innovation back to the core of the most secure ecosystem.

Ready to Make History?

We built something that shouldn't exist but absolutely does. A fully functional AMM on Bitcoin. Is it perfect? LOL. Is it working? Absolutely.