The First Bitcoin Liquidity Pool is Now Live on NEAR!
At Ref Finance, we are thrilled to announce a major milestone for Bitcoin on NEAR — the first Bitcoin Liquidity Pool is now LIVE! This marks a new era for decentralized finance (DeFi) on NEAR, powered by NEAR Protocol’s Chain Signature, unlocking seamless Bitcoin integration like never before.
On-ramp Bitcoin to NEAR, Seamlessly
Through our collaboration with Satoshi Protocol, users can now on-ramp BTC directly from the native Bitcoin chain to NEAR — all with just one single Bitcoin wallet. This simplifies Bitcoin’s entry into NEAR’s DeFi ecosystem and removes unnecessary complexity for users looking to trade, provide liquidity, or interact with dApps on NEAR.
Introducing the First BTC Liquidity Pool: nBTC — NEAR
As the first step of our collaboration, nBTC (a wrapped Bitcoin asset on NEAR) is now tradable on Ref Finance in a nBTC — NEAR liquidity pool. This enables Bitcoin holders to put their assets to work, providing liquidity and earning fees while contributing to the growth of BTC liquidity on NEAR.
With the nBTC — NEAR pool, we unlock new trading opportunities and strengthen the foundation for more Bitcoin-native DeFi applications to emerge in the NEAR ecosystem.
Why This Matters?
✅ Bitcoin Meets NEAR — Expanding Bitcoin’s utility by allowing it to flow into NEAR seamlessly and access more yield opportunities
✅ Single-Wallet Simplicity — No need for complex bridging solutions; just use your BTC wallet to move assets to NEAR.
✅ Deeper Liquidity for NEAR DeFi — The launch of the nBTC — NEAR pool provides better price efficiency and trading depth for Bitcoin on NEAR.
✅ More Use Cases Coming Soon — This is just the beginning! Expect more integrations, liquidity incentives, and DeFi opportunities as we continue building Bitcoin’s presence on NEAR.
Join the Future of Bitcoin on NEAR
The Bitcoin revolution on NEAR starts now. Whether you’re a trader, liquidity provider, or long-term BTC holder, this is your chance to be part of something big.
👉 Trade and Provide Liquidity Today on app.ref.finance!
Stay tuned for more updates as we continue expanding Bitcoin’s role in NEAR’s DeFi ecosystem. Let’s build together!
