what's Sidepit?

Sidepit is a decentralized exchange operating on Bitcoin Layer 2, designed for trading USD against BTC in a BTC-denominated environment. It allows users to hedge BTC/USD risk without fiat exposure or leverage BTC to speculate on USD price movements. The platform emphasizes true price discovery through an open, transparent marketplace, positioning itself as a potential official price source for broader exchange ecosystems. Central to Sidepit is its patented Decentralized Limit Order Book (DLOB), which eliminates front-running, MEV extraction, latency arbitrage, and other manipulations common in both traditional and decentralized finance. By decentralizing order matching and execution, combined with innovations like agentic AI market makers and bitcoin-settled products such as automated OTC desks, Sidepit ensures fair access for all traders—from retail to institutions.