what's nativeswap?
NativeSwap is a decentralized exchange protocol built on the OP_NET platform, enabling direct, non-custodial swaps of Bitcoin-native assets on Bitcoin Layer 1. It leverages OP_NET's smart contracts to facilitate trades between $tBTC and OP_20 tokens without bridges, wrappers, or third-party custodians, ensuring users retain full control of their private keys and assets throughout the process. The protocol uses on-chain liquidity and smart routing to optimize swap rates and minimize fees, supporting real DeFi interactions like liquidity provision and yield farming directly on Bitcoin. By integrating Proof-of-Hodl mechanisms, NativeSwap allows users to earn native yield while holding UTXOs, unlocking Bitcoin's potential for programmable finance. It operates through a unified interface accessible via Web3 wallets, with executions verified by OP_NET nodes and secured by Bitcoin's consensus. This setup positions NativeSwap as a key component in bringing self-custodial DeFi to Bitcoin, focusing on security, efficiency, and native asset compatibility.
Tomorrow's Nativeswap testnet reset brings quantum-resistant crypto, lower fees, and optimized performance.
Links
x.com/opnetbtcAdded Ledger hardware wallet support, allowing users to connect Ledger devices directly to the platform for swaps with full device security.
Testnet reset tomorrow implements quantum-resistant cryptography via ML-DSA standard, significantly lower transaction fees, and optimized core protocol performance.
OP_NET presents at AD Finance Week in UAE at the Further Network Summit, showcasing Bitcoin Layer 1 smart contracts.
Forbes publishes article on OP_NET's approach to Bitcoin DeFi, highlighting native Layer 1 smart contracts without bridges and BTC as gas.
Motoswap Token Launcher launches this Sunday, enabling no-code, permissionless token deployment natively on Bitcoin via OP_NET smart contracts.
Partnership with Orange PILL and Motoswap becomes official, with token burns to be discussed in upcoming AMA.
The week of mainnet release has been leaked as a Thanksgiving gift to the community.
Partnership announced with Orange PILL project to build a decentralized DAO using OP_NET smart contracts, with $PILL token rewards committed to testnet contributors.
Motochef launches with 2-block reorg protection for BTC staking, adding security safeguards to protect staked Bitcoin against chain reorganizations.
New Galxe quest "Sand Survivor" launches with Bitcoin testing challenges and Discord role rewards for participants.
The Odyssey testnet launches with weekly challenges and NFT rewards for participants.
A new testnet phase named "Odyssey" launches in 24 hours, transitioning from Testnet3 to Regtest infrastructure for improved smart contract testing stability with a complete reset of all contracts, balances, and transaction history.
ODYSSEY testnet launches on October 19, 2025, as a definitive testnet experience for stress-testing smart contracts on Bitcoin Layer 1.
Smart contracts now enable DAO functionality on Bitcoin Layer 1, allowing communities to pool capital, vote, and execute governance decisions on-chain secured by Bitcoin.
The project introduces Motoswap, described as the first Bitcoin-native AMM, built on top of their consensus protocol technology.
Discord community reaches 200,000 members, indicating strong community growth.
New Galxe quest "Luminary's Rise" launches with Bitcoin-native swap activities and Discord role rewards, incentivizing protocol engagement.
Bitcoin-native swap trading goes live with upgraded NativeSwap platform and Luminary quest launch.
Major platform upgrade launches with native Bitcoin-to-OP_20 swap functionality and improved UI/UX.
New Bitcoin smart contract explorer launches, offering Etherscan-like functionality for tracking contracts, transactions, and wallets on Bitcoin L1.
First fully functional DEX launches on Bitcoin L1 with self-custodial staking, on-chain swaps, and farming rewards via Motoswap integration.
Wallet reaches 100,000+ downloads milestone, demonstrating significant user adoption on Bitcoin L1.
New Galxe quest launches for testing bonding curves and trading features through satxdotfun integration.
New testnet phase and Galxe quest launch for testing Bitcoin smart contract capabilities.
Self-custodial Bitcoin staking solution "Proof of Hodl" launches in partnership with MotoswapBTC, enabling native BTC yield generation.
Bitcoin L1 wallet debuts with native smart contract deployment and token management features.
New partnership with ChainSight enables verifiable price feeds and cross-chain data for Bitcoin Layer 1 DeFi applications.
Testnet goes live today, marking first technical milestone.
Strategic partnership formed with blockchain security provider Verichains to secure Bitcoin-native smart contracts and DeFi infrastructure.
Layer 1 protocol implements smart contracts directly on Bitcoin, utilizing native BTC without a separate token.
Currently at $2.4m market cap with potential target of $25m-$50m according to discussions.