The Rise of Runes Apps
Bitcoin Builders are Building Applications on Runes
Hello Bitcoin Builders,
This week, we’re featuring a few new and established companies building on Runes.
First, Liquidium, a Bitcoin asset lending platform on Layer 1, released its closed beta for Runes lending and borrowing.
Liquidium announced that 1,800,000 $DOG had been collateralized for ₿ 0.1368.
In addition, Jacob Brown, Host of the Built on Bitcoin Podcast, highlights two Runes projects built by founders from other ecosystems.
FluidTokens on Bitcoin, “the 1st permissionless Lending, Borrowing, and Trading dApp for Runes, Ordinals, BRC-20s.” The team comes from the Cardano ecosystem.
DotSwap is “the first BTC-native AMM swap for Runes.” The team comes from the BSV ecosystem.
Runes had a lot of hype at launch. Now, we’ll see if teams can build compelling applications on top of it.
Layers
Bitcoin Layers gives Merlin a high-risk rating. Bitcoin Layers founder notes the chain is “likely running a permissioned environment.” Read the complete analysis here.
Bitflow emerges as the new liquidity hub on Stacks with an aggregator, Curve-style stable swaps, Uniswap-style liquidity pools, and more.
The Rollup covers Building on Bitcoin (BOB), and Bitcoin Magazine summarizes the interview.
The Rollup also covers Alpen Labs, exploring scaling Bitcoin via ZK rollups.
Core reaches $70M TVL, according to their newsletter and DeFi Llama.
In case you missed it, Grayscale interviews Stacks co-creator Muneeb Ali.
Layer 1 and Meta Protocols
Leather wallet integrates Runes lending via Liquidium.
Other:
MicroStrategy buys $786 million more in Bitcoin.
Gemini founders Tyler and Cameron Winklevoss support Trump and donate millions in Bitcoin.
Thanks for reading!
If you have suggestions for projects you’d like us to cover or other comments, please respond to this email or DM us on X.