According to ChainCatcher, the first decentralized exchange (DEX) based on RGB++ Layer, UTXOSwap.xyz, has officially launched its mainnet. UTXOSwap uses bridgeless cross-chain and smart contract functions to release liquidity for all assets on the UTXO chain.

UTXOSwap adopts an off-chain matching and on-chain verification model. Users' intended orders can be directly matched with the AMM liquidity pool. In the future, the platform will also introduce third-party liquidity providers. Currently, UTXOSwap supports asset transactions in the RGB++ and CKB ecosystems, and plans to expand to more UTXO ecosystem assets, and is committed to becoming an important infrastructure for Bitcoin Finance (BiFi).