Coming to Kraken! Meet SODA.
Coming to Kraken! Meet SODA.
For most of DeFi's life, the largest pool of capital in the industry has been on the sidelines. Developers across blockchain networks can now offer native Bitcoin within their apps, through the SODAX SDK.
Native Bitcoin is now available in the SODAX SDK. Any partner application integrating SODAX can offer its users swap, lending and borrowing actions with BTC.
The primitive is live across blockchain networks, from each of SODAX's 18 integrated networks, with native settlement on the Bitcoin side delivered through infrastructure partnership with Bound.
For builders, the integration surface does not change. The same single SDK integration now resolves to native BTC.
For most of DeFi's life, the largest pool of capital in the industry has been on the sidelines. Bitcoin sits at roughly $1.54 trillion in market cap, roughly 58% of crypto's total, with less than 1% of that supply active in DeFi today.
The reasons are mechanical. Bitcoin's network was not built to host smart contracts. To put BTC into DeFi, builders have had to choose between two unhappy paths. Either wrap the asset and accept a custodian sitting in the middle, or route every flow through a centralized exchange and hand the user an hour long round trip (or more) before they can do anything.
Today changes that with the SODAX SDK. From this morning, every partner application building with SODAX can offer its users native Bitcoin actions. Real BTC on the Bitcoin network on one side. Real assets on each of SODAX's 18 integrated networks on the other. No wrapper. No bridge. No centralized hop.
The native Bitcoin primitive is delivered through SODAX's infrastructure partnership with Bound (formerly radFi). Bound's two-of-two multi-sig trading wallet architecture lets a SODAX Solver consider a Bitcoin transaction final the moment it is broadcast, which removes the block-confirmation tax every other cross-network Bitcoin product is paying today and allows Bound to deliver the fastest native-to-native swaps with Bitcoin on the market. From the integrator's perspective, none of that complexity surfaces. The SDK call resolves the same way as any other route.
When transacting the Bitcoin on to another wallet, block confirmations will resurface, but the swap itself will complete rapidly, ensuring you get your intended swap rate.
For a wallet integrator: hold native BTC. Swap native BTC. Use native BTC as collateral. All inside of your wallet application.
For a DEX or aggregator: native BTC becomes available to your users regardless of the stack you are familiar with building on. Quotes are returned from the SODAX Solver with the infrastructure burden handled.
For a money market or lending protocol: native BTC becomes a borrowing asset. The supply side does not require the user to wrap first. The collateral footprint is the asset itself.
For a yield strategy or vault: native BTC becomes one of the assets that strategies can be denominated in or routed through, without the strategy carrying wrapping risk in its own contracts.
The integration surface. The SODAX SDK was rebuilt in V2 around a single thesis: a developer or an agent should be able to read the entry points once and ship something real to production. That has not been rewound to add Bitcoin. The new primitive is exposed through the existing intent-based execution path. The same execution system that gets a partner to an EVM networks, SUI, Solana and more, now gets them to native Bitcoin too.
What are you waiting for, bring native Bitcoin to your users across DEXes, money markets and wallet applications.
If you are an existing SODAX partner, you can support BTC today through your existing integration.
If you haven’t started building with SODAX yet, you can find more information and guidance for your integration at sodax.com, with documentation for supporting native Bitcoin available at docs.sodax.com.
