Fluid Tokens Shakes Up DEXes with the First Fully Decentralised Exchange for Runes

Fluid
Tokens,
a
Swiss-based
company
at
the
forefront
of
transforming
traditional
finance
through
permissionless
DeFi
solutions,
has
introduced
new
features
to
its
decentralised
exchange
(DEX)
for
Bitcoin
assets,
including
Runes-to-Runes
trading
pairs.

Focusing
on
UTXO
blockchains
like
Bitcoin
and
Cardano,
Fluid
Tokens
offers
a
diverse
range
of
innovative
financial
services
that
empower
users
to
leverage
their
assets
securely
and
transparently. 

Fluid
Tokens
launched
the
first
permissionless
lending
platform
for
Bitcoin
NFTs,
Ordinals,
 which
shows
their
experience
with
utxos
and
ability
to
deliver
functional
products. 

The
ability
to
build
permissionless
protocols
on
Bitcoin
is
something
not
so
common
in
the
space,
most
protocols
rely
on
multi-signature
addresses. 

The
Bitcoin
Smart
DEX
for
Runes,
is
designed
to
facilitate
the
trading
and
liquidity
of
Runes,
a
digital
asset
that
has
been
gaining
popularity
within
the
crypto
community,
designed
to
enhance
the
versatility
and
functionality
of
the
Bitcoin
ecosystem.
By
streamlining
token
creation
and
ensuring
compatibility
with
Bitcoin’s
security
infrastructure,
Runes
unlock
new
possibilities
for
enhancing
the
utility
and
reach
of
the
Bitcoin
network. 

FluidTokens
is
a
community-centric,
innovation-driven
platform
prioritising
a
great
user
experience
–
listening
to
the
community
suggestions
–
and
allowing
everyone
to
be
an
active
member.
As
the
protocols
are
non-custodial,
any
user
can
be
both
a
liquidity
provider
and
a
borrower!
Simplifying
web3
user
experience
to
onboard
non-crypto
users

Since
their
launch
Runes
have
made
up
68%
of
all
Bitcoin
transactions
since
launch,
which
is
equivalent
to 2.38 million
runes.
Within
its
first
week
Runes
generated
over
$135
million
or
over
2129
BTC
in
transaction
fees.The
biggest
day
of
Rune
transactions
was
on
23
April
with
over
750,000
transactions.
The
total
market
cap
for
Ordinals
and
Runes
surged
to
$1.03
billion
with
an
average
daily
trading
volume
of
$2.25
million
in
May
of
this
year.
Data
from
Unisat
reveals
that
over 11000 runes
have
been
minted
to
date. 

Fluid
Tokens
DEX
key
features

Fully
Decentralised

FluidTokens
is
the
first
100%
permissionless
lending
protocol
that
supports
Runes
and
Ordinals,
along
with
all
major
BTC
wallets.
Unlike
many
other
Bitcoin
exchanges,
Fluid
DEX
does
not
hold
custodial
Runes
or
BTC
funds.

Trading
Features

The
Fluid
DEX
allows
users
to
swap
not
only
Bitcoin
(BTC)
for
Runes
but
in
a
first
in
the
industry
also
allows
users
to
swap
Runes
for
Runes.
Decide
the
exact
amount
you
want
to
trade
with;
no
more
bulk
trades.

• 
  Order
  Amount
  Toggle 

• 
  Orderbook
  DEX

The
Fluid
DEX
employs
an
order
book
model,
which
is
the
best
approach
on
a
UTXO
chain,
as
an
Automated
Market
Maker
(AMM)
is
not
optimised
for
these
types
of
blockchains.
Orderbook
is
the
best
for
liquidity
providers
because
they
don’t
have
impermanent
loss,
always
present
in
AMM.

Fluid
DEX
is
peer-to-peer,
meaning
that
snipers
are
unable
to
steal
swaps
from
other
users.
In
crypto,
front-running
refers
to
a
malicious
practice
where
a
user
or
a
group
of
users
exploit
advanced
knowledge
of
pending
transactions
to
gain
an
unfair
advantage
over
other
participants
in
the
network.
This
type
of
attack
is
prevalent
in
decentralised
blockchain
systems,
such
as
Bitcoin,
where
transactions
are
executed
in
a
specific
order
based
on
their
arrival
time
in
the
mempool.
By
being
a
P2P
DEX,
Fluid
Tokens
ensures
that
all
users
have
a
fair
trading
experience
without
the
risk
of
front-running.

Rune
lending
will
also
be
live
shortly,
making
Fluid
Tokens
the
DeFi
hub
for
all
rune
owners. 

“As
the
Bitcoin
ecosystem
develops,
users
will
become
more
sophisticated
with
their
requirements
for
liquidity
and
with
their
requirements
for
liquidity
and
financial
operations.
This
is
why
we
are
excited
to
be
at
the
forefront
of
this
new
technological
wave.
We’re
bridging
the
gap
between
traditional
finance
and
the
burgeoning
world
of
DeFi,
with
FluidTokens
that
continues
to
lead
the
charge
towards
a
more
inclusive,
accessible
and
fair
financial
future, ”
concludes
Matteo
Coppola,
FluidTokens
CEO. 

ENDS 

About
FluidTokens

FluidTokens is
the
current
leading
ecosystem
on
Bitcoin
and
Cardano
blockchains
that
leverages
your
assets
to
offer
a
world
of
innovative
financial
services.
This
open,
trustless
and
secure
ecosystem
offers
different
non-custodial
DeFi
services
for
any
crypto
user,
created
following
the
community
needs
and
feedback.
FluidTokens
is
community-centric,
prioritising
a
great
user
experience
–
listening
to
the
community
suggestions
–
and
allowing
everyone
to
be
an
active
member.
As
the
protocols
are
non-custodial,
any
user
can
be
both.
As
the
protocols
are
non-custodial,
any
user
can
be
both
a
liquidity
provider
and
a
borrower!
The
official
FluidDAO
has
been
legally
established
in
Switzerland,
and
the
$FLDT
token
is
live
on
MEXC
and
Minswap.
For
more information
visit:

https://fluidtokens.com/ 

Media
contacts: 

Stefania
Barbaglio,
Nadine Arendse

Cassiopeia



[email protected]


[email protected]