Ordiswap ORDS

1. Summary

Ranks

Liquidity

78

Developer

-

Social

11

Momentum (beta)

11

Stack Rank™

-

Price

$0.000847430000 +5.2%

Market Cap

$597,982.00 (#4510)

Supply

708.70M / 1.00B

Tags

Ethereum Ecosystem BRC-20 Inscriptions

More Metrics

Price
52W High price	$0.23
52W High date	6th Mar 2024 (1 year ago)
All Time High (ATH) Date	5th Mar 2024 (1 year ago)
ATH Price	$0.28
% From ATH	-99.76%
All Time Low (ATL) Date	4th Mar 2025 (2 months ago)
ATL Price	$0.000608370000
% From ATL	9.7%

Supply & Trading Volume
Trading Volume (24h)	$87,753.00
Total Supply	1.00B
Max Supply	1.00B
Circulating Supply	708.70M

Less Metrics

Description

Ordiswap is a protocol aiming to reshape liquidity dynamics on Bitcoin's native layer through the innovative fusion of the BRC-20 standard and Ordinals. It leverages the unique tokenization capabilities of BRC-20 and the principles of Ordinals to facilitate direct trading and liquidity provision on Bitcoin’s layer-1, eliminating the need for on-cha...

Read More

Ordiswap is a protocol aiming to reshape liquidity dynamics on Bitcoin's native layer through the innovative fusion of the BRC-20 standard and Ordinals. It leverages the unique tokenization capabilities of BRC-20 and the principles of Ordinals to facilitate direct trading and liquidity provision on Bitcoin’s layer-1, eliminating the need for on-chain smart contracts. This approach aligns with decentralized finance principles, championing transparency, trustlessness, and permissionlessness.

Automated Market Maker (osAMM)

Ordiswap’s core functionality revolves around the direct trading of crypto assets, all settled seamlessly on Bitcoin’s robust layer. The osAMM facilitates the trading of BRC-20 tokens and Ordinals. Key components include:

• Off-Chain Server: Manages logic and parameters for the AMM, handling trades, liquidity provision, and setting dynamic AMM parameters.
• BRC-20 Tokens: Represent various assets, with the AMM facilitating their trading.
• Oracle System: Interacts with several oracles to obtain real-time price feeds for BRC-20 tokens.
• User Wallets: Users interact with the AMM via their wallets, sending trade requests to the off-chain server.

Off-Chain Balance States

Ordiswap introduces functionality for BRC-20 and Ordinal swapping native to Bitcoin, eliminating dependencies on Layer-2 solutions (L2s) and Centralized Exchanges (CEX). This innovation preserves user custody throughout the swap and utilization processes. By leveraging off-chain balance states, Ordiswap enables efficient swaps, minimizing transaction costs and latency, and enhancing protocol scalability.

Show Less