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xLink

Oct 1, 2024

What is xLink?

XLink is a Bitcoin blockchain bridge originating from the Bitcoin DeFi platform AlexLab, designed to seamlessly integrate Bitcoin assets, including BTC and Bitcoin-based tokens, with various decentralized finance (DeFi) platforms across different blockchains. By providing a "native-like" DeFi experience, XLink aims to bridge the liquidity of Bitcoin with other blockchain ecosystems. Initially spun off from AlexLab with strong community support, XLink serves as a crucial infrastructure piece to link Bitcoin with Ethereum and other blockchain environments, facilitating cross-chain interactions.

This bridge not only allows for the direct exchange and management of Bitcoin-related assets but also supports the broader application of Bitcoin in the DeFi space. Managed by a dedicated DAO, XLink is committed to enhancing interoperability and simplifying transactions, promoting a unified blockchain ecosystem that connects diverse technologies and platforms.

What Can I Do in xLink with Leather?

Using the Leather wallet with xLink, you can take full advantage of xLink’s bridge to connect to different blockchains:

  • Bridge Bitcoin Assets: Transfer BTC and Bitcoin-based tokens across blockchain networks, connecting your assets to DeFi platforms and applications that operate outside the Bitcoin ecosystem.

  • Access Diverse DeFi Ecosystems: Utilize xLink to engage with a range of DeFi platforms on Ethereum and other blockchains, enhancing your ability to participate in broader financial applications and liquidity pools.

  • Manage Cross-Chain Transactions: Efficiently manage and execute cross-chain swaps and transactions directly through the xLink interface.

  • Explore DeFi Opportunities: Explore and connect to new DeFi opportunities and markets that were previously inaccessible with BTC.

Apps and Tools Related to xLink

  • ALEX

  • Velar