📰LibreDEX Introduction
Libredex.org is a peer-to-peer decentralized exchange powered by smart contracts on the Libre blockchain.
What is LibreDEX?
LibreDEX is a fast decentralized exchange for trading any BRC-20 Token - it is completely permissionless, so any token can be listed on the market. You can send any BRC20 token from Bitcoin into Libre in 10 minutes, trade it with near zero friction on the DEX (as long as there are both buyers and sellers), and then send back to your Bitcoin wallet again in one block (10 minutes).
Home Page
The home page of LibreDEX shows the most active trading tokens, ranked by 7 day Libre trading volume in USD. If you want your favorite coin to show on this page, spread the word of your coin on Social media.
Token Page
Each token on LibreDex has its own token page, with price graph, market cap, number of Bitcoin and Libre holders, and a curated list of relevant tweets. If you want to include your own tweet, submit it to the LibreDex BRC20 Social Repository, and the Libre team will add it to the Tweet list.
DEX Page
The Dex page shows the order book of top bids and offers, grouped in buckets. You can set a limit price for buys and sells, just as you would in a centralized exchange. All trading is on-chain and handled by the LibreDEX smart contract. You can access the code on Gitlab (coming soon), as well as run your own bots on the contract interfaces via Libre APIs.
Getting a Libre Wallet
LibreDEX uses the fast Libre blockchain to trade BRC20s. To access this blockchain, go to BitcoinLibre.io and download the IOS or Android wallet. These wallets have over 400,000 downloads and have been thoroughly debugged. You can also use the Anchor desktop wallet, which has a 5+ year track record with hundreds of thousands of users. See also Getting Started.
Sending Bitcoin in and out of Libre
Libre uses the pNetwork of decentralized nodes to convert between native Bitcoin and "pegged" Bitcoin on the Libre blockchain. You can move Bitcoin into the p.network bridges directly on the mobile wallet or on the desktop app at https://defi.libre.org/. The Bitcoin libre wallet also supports Lightning, which is a great option to get value in and out of Libre in seconds.
Wallet Page
The Wallet page shows your Bitcoin and BRC20 balances. It has 2 sections: one for wrapped Libre balances and one for native Bitcoin balances. Currently, the wallet page requires you to use a UniSat bitcoin wallet to connect.
Send to Libre from UniSat
Libre works directly and seamlessly with your UniSat wallet. You simply connect your wallet, and any transferable blocks will have links to send to Libre. If you have a balance in UniSat but no transferable blocks, first create the transfer blocks on UniSat, and then move them into Libre.
Send to UniSat from Libre
To peg out, click the send button on any BRC20 in the Libre section. You can then create a transfer block on chain. Once the transfer is created, you can move it with one click to your UniSat wallet. For both peg-in and peg out, a detailed history with links to ongoing transactions provides a record with clickable tx records.
Trading
Libre supports fast limit orders like any centralized exchange. The most active (high volume) tokens are shown on the home page. A 1% fee is applied to every trade, which is used to buy the system token, LIBRE.
Token minting and deploying
Minting and deploying new tokens are still under development. Please check back soon.
Getting Support
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