25 Feb 2021
A trustless cross-chain swap protocol bringing Bitcoin to DeFi
Swingby is a high-speed protocol enabling inter-blockchain swaps in a trustless environment, thus opening up decentralized connections for endless DeFi possibilities. Skybridge is the first implementation of the Swingby platform and currently supports Bitcoin to Ethereum (WBTC) swaps, with a 2nd bridge (Bitcoin to Binance Smart Chain) set to launch at the end of March 2021. The Swingby protocol will significantly enhance the value of DeFi applications such as DEXs and lending & borrowing protocols by allowing them to access native tokens of other blockchains that are not yet available on Ethereum.
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