Abstract

1st Gen Bitcoin DeFI Hub, Your Fresh Route to BRC20 Ecosystems

Where do things stand right now?

The DeFi summer movement, which surged in momentum during the summer of 2020, has culminated in a remarkable Total Value Locked (TVL) of $53.64 billion across all crypto chains as of January 1st, 2024 ( at the time of writing this light paper). This growing trend is now increasingly shifting towards the Bitcoin ecosystem, unveiling a multi-billion dollar opportunity within this sector.

In this evolving landscape, BRC-20 is emerging as a potent force despite its early stages. For the first time in Bitcoin's history, DeFi innovations are being birthed on its native blockchain, poised to transform Bitcoin from merely digital gold to a dynamic financial hub. As pioneering projects emerge and experimentation thrives, BRC-20 faces its own set of challenges. Its developing smart contract capabilities and user interfaces are ripe areas for innovation, calling for creative solutions to harness this new frontier's immense potential. Security enhancements continue to be a priority, but BRC-20's foundation is strengthened by Bitcoin's robust infrastructure.

The momentum behind BRC-20 is fueled by a vision to integrate DeFi and tokenization with Bitcoin, driven by a dedicated community of developers, enthusiasts, and investors. This collective effort in troubleshooting, brainstorming, and celebrating advances ensures that BRC-20's future is brimming with promising possibilities.

Where are we heading to?

OrangeDX is a pioneering first-generation Bitcoin DeFi hub, dedicated to providing a multifaceted platform that empowers users to engage in trading, swapping, securing, and launching BRC20 and bridged EVM tokens. Our comprehensive suite of services also extends to borrowing and lending, ensuring a holistic DeFi experience for our users.

At the forefront of innovation, OrangeDX features a revolutionary native DEX aggregator tailored specifically for BRC-20 tokens, enhancing liquidity and optimizing trading efficiency. Additionally, our platform offers an Initial Liquidity Offering mechanism, facilitating seamless token launches and supporting BRC-20 liquidity bootstrap initiatives.

With a commitment to excellence and user-centric solutions, OrangeDX redefines the landscape of decentralized finance, offering unparalleled opportunities for traders, investors, and token issuers alike. Disclaimer: This gitbook is a live document ( OrangeDX_V.1 ) and will continuously get updated.