HIBTswap is the first exchange protocol developed based on the Ordinal protocol, aiming to provide liquidity, trading, and financial applications for the BRC-20 ecosystem. HIBTswap solves the problem of insufficient liquidity in BRC-20 by increasing the liquidity pool for LP transactions and enabling real-time transactions. At the same time, in order to reduce the complexity of BRC token transactions, make it easier for users to buy and sell and increase the liquidity pool, HIBTswap is the first attempt to introduce the BTC network into the LP model, making the use of BTC more diversified assets.
HIBTswap launched the first DEX on the BRC-20 protocol using the AMM mechanism. HIBTswap mentioned that users can use tokens to add LPs to obtain transaction liquidity and obtain fee incentives. In the future, node services will be provided to all users to enjoy lower gas and more convenient transaction services.
