Photon Integrates Portal Swap SDK to Promote Cross-Chain Trading while Staying in Ecosystem

Portal
2 min readApr 17, 2024

Photon, a decentralized, builder-friendly Bitcoin L2 solution to hyperscale the next generation of Bitcoin’s on-chain ecosystem announced today a new integration with Portal DeFi, the world’s first trust-minimized Layer 2 cross-chain swaps protocol that involves no bridges, custody or wrapping. The integration will provide Photon users access to Portal Network’s liquidity via its Swaps SDK, allowing users to buy and sell native BTC, ETH, and other cross-chain cross-layer assets without leaving the Photon ecosystem.

We are thrilled to broaden access to future $PTON liquidity and more Photon ecosystem assets with this integration. This partnership aligns with our core mission to scaling the Bitcoin economy via improved user accessibility provided by Portal’s product stack.” — @tanknezaar.

The first of its kind, Portal facilitates trust minimized, cross-chain swaps that involve no bridges, custody or wrapping. This new partnership will allow the broader Photon community to benefit from the liquidity of the Portal DEX Network (wallets, DEXs and bridges using Portal swaps SDK) enabling them to buy and sell both native and bridged fungible and non-fungible assets directly insider their apps, as well as swap their native project tokens one-click with native BTC, BRC20s, and other cross-chain, cross-layer assets. With the integration, Photon will support liquidity pools of $PTON token in Portal’s cross-chain DEX.

“Joining us on a mission to make Bitcoin accessible to all, our partnership with Photon looks to bring increased liquidity and seamless accessibility to Photon and Portal communities,” said Chandra Duggirala, co-founder and CEO of Portal. “By integrating the $PTON token into the Portal DEX network, we look to increase accessibility through one-click cross-chain trading and look forward to continuing this long-term partnership with the Photon team.”

About Portal DeFi

Portal, conceived by a team of veteran Bitcoin and AI engineers, is dedicated to empowering financial self-sovereignty. The Portal Cross-Chain DEX Network is designed to match the speed, liquidity and user experience of centralized exchanges while eliminating the inherent custody risks of bridges and CEXs. Portal is backed by Coinbase Ventures, Arrington Capital, OKX Ventures, Gate.io and many other prominent investors. For more information, visit https://portaldefi.com, X (Twitter), Discord, and Telegram

About Photon

Photon is a decentralized, builder-friendly Bitcoin L2 solution to hyperscale the next generation of Bitcoin’s on-chain ecosystem. Built by SatoshiSync, Photon combines a highly performant modular framework with full EVM capabilities to foster an inclusive cryptoeconomy, ensuring high throughput, ultra-low gas costs, and maintaining the integrity of decentralization and security.

For more information, visit https://photonchain.io/, X (Twitter), and Discord.

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