Bitcoin gets DeFi upgrade with Velar's first PerpDEX launch
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Velar has introduced the world's first decentralized perpetual futures exchange built natively on Bitcoin via the Stacks layer 2 blockchain. The platform allows users to trade with 5x leverage using sBTC-USDh trading pair while maintaining full asset custody, marking a significant milestone for Bitcoin DeFi.
March 28, 2025 | 1:45 pm
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Velar's PerpDEX launch on Stacks represents a significant advancement in Bitcoin's decentralized finance capabilities, potentially attracting more traders and investors to the Bitcoin ecosystem.
The launch of a native Bitcoin perpetual futures platform could increase Bitcoin's attractiveness by providing advanced trading tools, potentially driving increased demand and price interest.
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