MAk｜DotSwap

Exploring investment in BTC startups | Business Development @dot_swap

[MAk｜DotSwap @web3MAj8k]

DotSwap！

[Leonidas 🧡 $DOG @LeonidasNFT]

Stop staring at the charts and start paying attention to what's being built

The Runes ecosystem has incredible teams working to unlock the trillion dollar opportunity of Bitcoin tokens

$DOG, $MIM, $PUPS, $BILLY, $GIZMO, $LOBO, $PIZZA aren't going anywhere!

h/t @Cryptolution

[MAk｜DotSwap @web3MAj8k]

DotSwap的正确打开方式🫡

[DOG OF ₿ITCOIN @DogOfBitcoinOG]

Congratulations $DOG Army 🎉

A brand new milestone was reached tonight 🤯

For the first time ever, $DOG SWAP surged past the volume on @MagicEden. This is a major moment because we are talking about a fully trustless AMM service operating both at the NODE level and from the user side as well. No order books. No manual buy or sell walls. Pure Bitcoin L1 mechanics at work

This is real history in the making, and none of it would be possible without the incredible builders who continue to push Bitcoin forward on the mother chain

Much love to
@dot_swap
@xverse
@SatsTerminal

The future is starting to look very real for us.
Big thank you to every single person who has been using our $DOG DEX . Low key we are kinda digging the name " $DOG DEX "👀

[(N)On Nexus ✳️ @swap_on_nexus]

Seeing $DOG-SWAP priced in sats, that’s what Bitcoin-native DeFi is all about. ⚡️
Transparency, trustlessness, and full control on L1.

[HodlFi (On Nexus) ✳️ @HodlFionNexus]

Here’s how HodlFi (On Nexus) works.

🎥 4 videos covering the borrowing process

Step 1️⃣: Connect Wallet & Borrow USDC

#BitcoinOnNexus #BitcoinLending

[(N)On Nexus ✳️ @swap_on_nexus]

📊Last week’s Rune volume leaderboard is out.

$DOG and $MIM took the lead, while $BILLY, $PUPS, and $LOBO stayed in the chase.

Which Rune were you swapping on DotSwap? 👀

[MAk｜DotSwap @web3MAj8k]

https://t.co/eVeINKfnDp

[(N)On Nexus ✳️ @swap_on_nexus]

https://t.co/xd5UuZnDqb

[MAk｜DotSwap @web3MAj8k]

DeFi 与 CeFi：HodlFi 的比特币借贷未来 space总结

BTC生态的风会吹到哪里？比特币金融正从 CeFi 向 DeFi 的转型，DotSwap也正式上线了BTC借贷产品HodlFi On Nexus

关于比特币 DeFi 的创新，来看看嘉宾们是怎么说的

👉嘉宾发言省流总结版
无一例外，嘉宾们普遍对未来持乐观态度，认���比特币 DeFi 的创新（如 HodlFi 的非清算借贷、Midl 的 L1 智能合约）正推动比特币从单纯的价值储存走向实用金融平台。
尽管以太坊仍占零售市场主导，但比特币将在机构和长期持有者的推动下，凭借其透明度、自托管和原生流动性，将在机构借贷和稳定资产领域释放巨大潜力。

👉详细发言版本

1️⃣ Jeff (@minelabs_)
背景：Runmine专注于比特币生态的跨链扩展，最近从比特币扩展到Base网络，开发并部署了Base桥接模块

Jeff认为机构（如矿商）越来越倾向于 DeFi 的去信任模型，以避免用户资产损失和托管风险。比特币 DeFi 的重点是机构借贷、抵押和稳定资产领域，而零售和投机性 DeFi 仍将集中在其他链上。比特币的未开发流动性巨大，借贷和抵押将是主要增长领域。

2️⃣ Aidan（@SatsTerminal）
背景：最初聚焦于Runes、Ordinals和Alcanes的交易，现扩展至Spark Tokens，并推出借贷聚合器“Borrow”（测试版）

Aiden认为比特币持有者对跨链包装资产仍持谨慎态度，原生 L1/L2 解决方案的成熟是吸引大规模用户进入 DeFi 的关键，Sats Terminal 推出借贷聚合器 “Borrow”（测试版）也正是为了迎合这一点打造的新产品

3️⃣ Sheldon Dearr (@OmnityNetwork)
背景：团队利用ICP（Internet Computer Protocol）作为协处理器，支持Runes执行环境，开发游戏和其他产品，致力于比特币L1的去中心化

Sheldon认为链上风险管理需依赖共享风险池和可审计的透明协议。比特币的去中心化特性和多样化风险池使其在长期风险管理上优于以太坊，数据聚合器和无许可链上 API 将推动下一代 DeFi 产品的发展，有助于减少过度杠杆化风险。

4️⃣Big G（@MidlBigG）
背景：Middle 为比特币 L1 带来了 EVM 级智能合约功能，允许开发者直接迁移 Solidity DApp，无需桥接或切换到 MetaMask 等钱包

Big G为我们介绍了Midl的智能合约功能和用户体验改进（将操作从12步简化为3步），讨论DApp迁移的便利性，展望比特币L1作为实用层在借贷和质押领域的潜力。

5️⃣ Jonny（@jonnyhimalaya）
背景：@dot_swap 的联合创始人，强调 HODLFi是非清算、非托管的比特币抵押贷款协议，无需信任第三方机构。

犀利地指出CeFi的最大问题是托管风险，机构可能挪用或再质押用户资产。相比之下，DeFi的优势在于透明性和非托管性，同时Jonny预测，���着自托管DeFi协议的成熟，机构和企业金库的参与将是推动比特币DeFi爆发式增长的关键

——————

无论现状如何

BTC生态依旧是庞大的叙事

无论是Hodler，还是Builder

BTC生态都值得坚持！

[MAk｜DotSwap @web3MAj8k]

@Bridgerlang 都有的都有的

[MAk｜DotSwap @web3MAj8k]

久违的DotSwap live

依旧会有文字总结！🫡🫡🫡

[(N)On Nexus ✳️ @swap_on_nexus]

🔵 DotSwap Live:
DeFi vs. CeFi: The Future of Bitcoin Lending with HodlFi（On Nexus）
⏰ October 22nd, UTC+8

- What truly separates DeFi from CeFi in Bitcoin lending?
- Rethinking risk: transparency, safety, and smart design；
- The future of Bitcoin native finance；

👥 Guests:
@SatsTerminal @minelabs_ @OmnityNetwork @MidlBigG @jonnyhimalaya

🎙️ Free talk + Q&A

🔗Join: https://t.co/AG0w7KDQ75

[MAk｜DotSwap @web3MAj8k]

DotSwap @dot_swap 深耕BTCL1 🫡🫡🫡

[Leonidas 🧡 $DOG @LeonidasNFT]

Why Runes 2.0 is a big deal 🧵

People have been talking about ways to make Bitcoin tokens programmable for many years but Runes builders have actually delivered it

Thanks to a set of upgrades to the Bitcoin L1 infrastructure that powers Runes trading and launchpads the Runes UX is now 10x better than just 12 months ago (no I am not exaggerating)

Trading improvements:
- No MEV or sniping
- Virtual liquidity pools that feel like a Uniswap style AMM
- Trustless liquidity provisioning and market making
- CLMM concentrated liquidity
- Advanced order routing and aggregation engines
- 2-of-2 multisig wallets that allow for optimistic instant settlement on trades in between blocks

Launchpad improvements:
- Synthetic minting experience that feels like Pump Fun but without the rugs
- Funds no longer go to miners and instead bootstrap initial liquidity
- Failed mints are now refunded

On behalf of the entire Runes ecosystem I would like to give a huge shoutout to all of the builders who helped to bring the vision for programmable Runes to life!

Also an extra special shoutout to the following builders @dot_swap, @radfi_btc, @SatsTerminal, @RunesDEX, and @xverse who have each fully embraced Runes 2.0 🧡

[MAk｜DotSwap @web3MAj8k]

不断努力的社区 $DOG 🫡 重新定义社区的力量

定制版dogswap真的很酷!! @dot_swap

[M T M @UND3RDOG]

The $DOG ecosystem is a self sustaining one. Once we setup a referral system, it’s on like Donkey Kong! $DOG bros ain’t ever going back.

https://t.co/nfXMZila2h

[MAk｜DotSwap @web3MAj8k]

$DOG 🫡🫡🫡

[(N)On Nexus ✳️ @swap_on_nexus]

The $DOG Army never sleeps !🔥🔥
💯True Bitcoin spirit right here.

[MAk｜DotSwap @web3MAj8k]

🫡🫡🫡

[Ga^3in Ventures @GainVentures]

Nexus @dot_swap brings trading, yield, and credit directly to Bitcoin Layer 1 — no bridges, wrappers, or custodians. Using PSBTs and UTXO intents, it enables atomic swaps and lending secured by Bitcoin itself, eliminating counterparty risk and unlocking active DeFi for the world’s hardest money.

[MAk｜DotSwap @web3MAj8k]

"Decentralized Market Making on Bitcoin?"

这就是Nexus @dot_swap

[Jan @janbtc]

What’s Decentralized Market Making on Bitcoin? - @jonnyhimalaya

@btc_summit 2025 🇭🇰🚀

[MAk｜DotSwap @web3MAj8k]

聚合功能再更新

这次聚合的是@MEonBTC

你可以在@dot_swap上始终用最优惠的价格，买到自己喜欢的代币🫡🫡🫡

$DOG , $BILLY, $GIZMO, $PUPS, $MIM, $PIGGY, $LOBO, $BIP, $SAIKO

[(N)On Nexus ✳️ @swap_on_nexus]

DotSwap x Magic Eden Aggregation is Now Live ✅

You can now buy tokens listed on @MEonBTC directly through DotSwap, and always get the best price available.

💰 More liquidity
🔄 Aggregated order matching
⚡️ Seamless Bitcoin-native swaps
$DOG , $BILLY, $GIZMO, $PUPS, $MIM, $PIGGY, $LOBO, $BIP, $SAIKO

Try it now and see the difference.
Here’s how to get started👉

[MAk｜DotSwap @web3MAj8k]

聚合的目的

就是为了能让用户用最便宜的价格买到想要的代币🫡

[(N)On Nexus ✳️ @swap_on_nexus]

DotSwap x Magic Eden Aggregation Coming Soon ⚡️

💡Get ready for a smoother trading experience on DotSwap.Magic Eden aggregation is almost complete. @MEonBTC

DotSwap will automatically match you with the best-priced tokens, so you always trade at the most efficient rate.

Stay tuned！

[MAk｜DotSwap @web3MAj8k]

This is just the beginning 🫡

[Leonidas 🧡 $DOG @LeonidasNFT]

Debunking the Flat Bitcoin Theory 🧵

In the early days of Bitcoin (2009-2014) there was a massive amount of experimentation and innovation on bitcoin

The first NFTs and cryptoart started on Bitcoin

The first memecoins started on Bitcoin

The first stablecoins and real world assets started on Bitcoin

The first dapps started on Bitcoin

The first DEX started on Bitcoin

The first on-chain governance started on Bitcoin

The first crypto degens were playing Satoshi Dice on Bitcoin

But then the OP_RETURN wars happened and people like @lukedashjr vilified innovation and scared builders away resulting in a long period of stagnation (2015-2023)

This period of stagnation gave birth to the Flat Bitcoin Theory which infected the minds of nearly everyone

The Flat Bitcoin Theory is a belief held by "Flat Bitcoiners" who think that Bitcoin is a boring blockchain that is not capable of the innovative use cases that we see on alt L1s like Ethereum or Solana

But thankfully in January 2023 @rodarmor burst onto the scene with the ordinals protocol and one by one people have been waking up from this lie and realizing that Bitcoin is actually multidimensional and capable of everything you could possibly imagine and more

Since then Bitcoin has experienced a renaissance of innovation with a new set of builders picking up where the set of OG builders left off

@linzheming from @dot_swap has defied all FUD and delivered a trustless liquidity pool style experience on Bitcoin L1 for Runes with zero MEV

@stan_havryliuk from @satsterminal has built an advanced order routing and aggregation engine for Runes trading on Bitcoin L1

@benny_options from @radfi_btc has revived the Runes trenches with a token launchpad on Bitcoin L1 that thousands of people use every day

@robin_liquidium from @liquidiumfi built a Runes and Ordinals lending protocol that has processed hundreds of millions of dollars of volume which proves that DeFi can thrive on Bitcoin L1

@domodata and @0xbinari from BRC 2.0 and @taggaoyl from Alkanes have been relentlessly pursing a vision for general purpose smart contracts on Bitcoin L1

@TO from Pizza Pets built a fully on-chain multiplayer game directly on Bitcoin L1

@yukanl from @xverse built a Bitcoin wallet for interacting with Bitcoin L1 dapps that is so sleek that it puts Ethereum's flagship wallet MetaMask to shame

@huuep from @onchainmonkey pioneered a new way to store an entire 10K PFP collection on Bitcoin for only $23 that is now widely adopted by hundreds of other Ordinals collections

@sergesats has formed the @btcartsociety to preserve Bitcoin's on-chain culture for future generation

@janbtc has dedicated months of his life to ensuring that once a year there is a place where bitcoin builders can gather to celebrate experimentation on bitcoin at @btc_summit

Massive decentralized communities like the $DOG Army and Bitcoin Puppets have rallied together to support all of these innovations and champion the Bitcoin ecosystem

Do not ever let anyone tell you that Bitcoin is not capable of something or that you must only use Bitcoin in a certain way

The Bitcoin network is more secure and robust longterm when it is winning at developer mindshare and blocks are filled with a diverse set of on-chain activity

It is up to us, the Ordinals, Runes, and Bitcoin DeFi ecosystem to be stewards of this technology now so go build the most badass applications possible and never stop fighting for innovation on Bitcoin!

[MAk｜DotSwap @web3MAj8k]

HodlFi^(N) Space会议总结

这算是一次正式地向大家介���我们的新产品HodlFi^(N)的space，焦比特币原生借贷协议的突破性设计，也邀请到了多位比特币生态的嘉宾，共同探讨一下HodlFi^(N)如何通过非托管、非清算和无需价格预言机的机制

———————

👉什么是HodlFi^(N)？核心特点与创新是什么？

HodlFi^(N)是比特币原生借贷协议，旨在为比特币持有者提供一种非托管、非清算的借贷解决方案，尤其适合比特币矿工、机构和重视信任最小化的零售用户

1️⃣非托管设计：通过DLC技术，HodlFi^(N)将比特币锁定在链上，借款人无需将资产托管给第三方，减少了托管风险。
2️⃣非清算机制：引入看跌期权对冲，避免市场波���带来的清算风险，确保借款人无需担心比特币价格下跌导致的资产清算。
3️⃣无需价格预言机：通过期权对冲替代价格预言机，简化系统，降低了对外部数据源的依赖。
灵活的贷款利率：在市场波动时，贷款利率可能会上升，但费用作为“非清算保险”提供保障。

再来看看嘉宾们对HodlFi^(N)的

👉Mr. J | (Satonomy) @juga_btc 专注于比特币UTXO管理工具，关注Ordinals和BRC-20等新兴资产

1️⃣观点：HodlFi的非托管、非清算设计填补了去中心化借贷市场的空白，适合寻求高安全性和自主性的用户。
2️⃣关键创新：使用看跌期权对冲机制，确保贷方能回收本金和利息。
3️⃣市场趋势：比特币生态正从“恐龙链”转向创新中心，流动性问题逐渐改善。

👉Jeff（RuneMine | Mine Labs）@minelabs_ 专注于跨链桥接（比特币到Solana、Ethereum），推动比特币资产流动性。

1️⃣观点：HodlFi吸引矿工和机构，矿工可融资挖矿设备同时保留比特币储备；机构则青睐低风险、稳定收益的借贷产品。
2️⃣关键创新：期权对冲机制满足低风险稳定收益的需求，加速比特币DeFi发展。
3️⃣跨链经验：专注跨链桥接，推动比特币资产流动性，中心化机构也开始采纳去中心化基础设施。

👉Stanislav （Sats Terminal） @SatsTerminal Sat Terminal是一个聚合平台，最初聚焦比特币资产交换（如DotSwap），现扩展至比特币原生借贷。

1️⃣观点：HodlFi^(N)的非托管、非清算机制与Satterminal的聚合借贷产品具有协同潜力，未来市场将出现领导者。
2️⃣关键创新：支持BTC桥接为WBTC或cbBTC进行稳定币贷款，计划整合多平台资产，提供一站式交易体验。

嘉宾的发言都强调了去中心化、非托管和非清算的特点对矿工和机构的吸引力，Satterminal更是直言“预计未来几个���将出现市场领导者”。

25年的第四季度即将到来，拭目以待🫡

#BTC #HodlFi

[(N)On Nexus ✳️ @swap_on_nexus]

🔵 DotSwap Live: Our Bitcoin-native lending protocol, HODLFi.
⏰ September 10th, 20:00 UTC+8

- What makes HODLFi different from other lending protocols out there？
- How HODLFi deals with volatility?
- What kind of users is HODLFi designed for?

👥 Guests:
@SatsTerminal @minelabs_ @lordemo @jonnyhimalaya @juga_btc

🎙️ Free talk + Q&A

📢Join the conversation right here in this Space — and you’ll have a chance to win! Our top 10 most active speakers will receive $DD rewards as part of our Telegram community event. Don’t miss out!
🔗Telegram: https://t.co/AG0w7KDQ75

[MAk｜DotSwap @web3MAj8k]

@rocjiang 有总结有总结的！

[MAk｜DotSwap @web3MAj8k]

久违的HodlFi专题！

有空可以来捧捧场～

老规矩，结束之后会有space总结😎

[(N)On Nexus ✳️ @swap_on_nexus]

🔵 DotSwap Live: Our Bitcoin-native lending protocol, HODLFi.
⏰ September 10th, 20:00 UTC+8

- What makes HODLFi different from other lending protocols out there？
- How HODLFi deals with volatility?
- What kind of users is HODLFi designed for?

👥 Guests:
@SatsTerminal @minelabs_ @lordemo @jonnyhimalaya @juga_btc

🎙️ Free talk + Q&A

📢Join the conversation right here in this Space — and you’ll have a chance to win! Our top 10 most active speakers will receive $DD rewards as part of our Telegram community event. Don’t miss out!
🔗Telegram: https://t.co/AG0w7KDQ75