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![ConnyConny253 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1543219862792577024.png) Conny 🌊 [@ConnyConny253](/creator/twitter/ConnyConny253) on x 9883 followers
Created: 2025-07-20 05:26:00 UTC

Portal DEX V1: True P2P, no pools, no wrappers, no simulations.

While most DEXs rely on AMMs and liquidity pools, @PortaltoBitcoin takes a completely different approach:
→ Relayer-based Peer-to-Peer matching.

⁉️How it works:
🔹Users submit swap orders directly through Portal
🔹Orders are routed to a network of relayer nodes
🔹Relayers match buy/sell orders between users
🔹Once matched, swaps are executed natively, no bridges, no wrapped assets

⁉️Why it’s different:
🔹No pools → no need for TVL to bootstrap liquidity
🔹Instant matching → not dependent on batching or delayed epochs like rollups
🔹True atomicity → swaps happen in one transaction, trustless and symmetric
🔹BTC-native → uses Bitcoin’s security without moving BTC off-chain

⁉️Why it matters:
This is the first permissionless, bridge-free, instant P2P DEX built for Bitcoin.

No wrapped BTC. No reliance on ETH L2s. No liquidity mining incentives required.

Portal DEX V1 proves that native, trustless swap infrastructure is possible, where users trade directly, with no intermediaries, no slippage, and no pool risk.

![](https://pbs.twimg.com/media/GwRvgWlXYAAMfyU.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946803757825626400/c:line.svg)

**Related Topics**
[exchanges dexs](/topic/exchanges-dexs)
[v1](/topic/v1)
[$xwp](/topic/$xwp)

[Post Link](https://x.com/ConnyConny253/status/1946803757825626400)