Bitcoin DeFi Platform Sovryn Partners with Build on Bitcoin to Launch Low-Fee Ethereum DEX
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Sovryn, a Bitcoin DeFi platform, is expanding to Ethereum via a partnership with layer-2 developer Build on Bitcoin.
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Together they are launching a DEX called Dex 2.0 which will have lower fees and faster transactions than competitors.
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Dex 2.0 will allow users to easily switch between networks like Bitcoin, Ethereum, and layer-2 chains.
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Expanding to Ethereum brings the reliability and stability of Bitcoin to more DeFi users.
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With renewed interest in Bitcoin from developments like ETF approvals, the future looks bright for Bitcoin DeFi.