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.
You commit your tokens for a set number of blocks (minimum 6 blocks).
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.
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.
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
A new primitive for Bitcoin DeFi, operating without smart contracts, bridges, or permission.
Liquidity Providers (LPs) commit for a set duration, creating stable liquidity and a new game theory.
init
to provide liquidity and swap
to execute a trade. No unnecessary complexity.Liquidity isn't stored in a contract. It's virtually reconstituted by the indexer, interpreting thousands of individual commitments as one unified, deep pool.
The data structure and logic that make this system deterministic and reliable.
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"
}
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"
}
This approach opens a new era for finance on Bitcoin.
Liquidity becomes a function of time, not just balance. It's an AMM where duration is a strategic dimension.
For the first time, a true Total Value Locked (TVL) can exist natively on Bitcoin, creating yield opportunities that didn't exist before.
No bridges, no wrapping, no sidechains. Just Bitcoin. This brings DeFi innovation back to the core of the most secure ecosystem.