What Is Atomiq?

Atomiq is a cross-chain conversion solution that allows a direct swap between native Bitcoin and wrapped Bitcoin with zero slippage and minimal counterparty risk. It uses an onchain escrow system combined with Bitcoin’s proof-of-work (PoW) security to process swaps atomically. In an Atomiq swap, tokens are locked in a smart contract vault on Starknet, while a Bitcoin light client contract verifies the transaction by checking and storing block headers. Once the Bitcoin transaction is confirmed, the corresponding wBTC is released to the user in a secure and efficient direct cross-chain swap.

Try Atomiq for yourself

Why should you care?

Accessing DeFi has historically meant converting BTC into wrapped tokens through a cumbersome, multi-step process involving multiple apps, wallets, and a host of associated risks like slippage and trust issues. But the latest Atomiq + Braavos integration is set to eliminate these hurdles. Now, when you hold BTC, Atomiq will convert your funds from BTC into wBTC. This smooth process reduces risk and complexity, enabling Bitcoin to enter Starknet DeFi as predictably and efficiently as an in-person handshake.

What makes Atomiq unique?

Atomiq sets a new standard for cross-chain conversion by utilizing Bitcoin’s PoW security directly in its process, eliminating the need to rely on external validators for security like most other cross-chain solutions. Projects building on Starknet can benefit from Starknet Foundation support, where those projects offer incentives to their underlying users.

3 main benefits of using Atomiq swaps:

  1. Zero slippage: Users receive a binding quote before a swap, ensuring the price remains fixed even during volatile market conditions.
  2. Minimal counterparty risk: Tokens are locked in a smart contract vault until Atomiq’s Bitcoin light client confirms a Bitcoin transaction, removing the need for external validators or custodians.
  3. Zero trust issues: Direct use of Bitcoin’s PoW security enables trustless swaps, so users never depend on intermediaries.

Atomiq and Braavos

Braavos is the first Starknet wallet to go live with the Atomiq integration, introducing native Bitcoin support and one-click BTC Yield. The Braavos + Atomiq integration went live on April 8, and the native Starknet UI launches on April 16.

Using Atomiq is simple:

  • On Braavos, you can initiate a trustless swap to convert your BTC directly into wBTC.
  • Once converted, you can store, send, and receive BTC in a 100% self-custodial environment.
  • Braavos offers one-click staking and associated rewards.
  • StarkWare teamed up with Braavos and Atomiq Labs to offer $0 bridge fees (excluding the network fee), making it easy and affordable to use Bitcoin with Braavos
  • Everything is managed within one simplified, intuitive interface, eliminating the need for multiple platforms or complex multi-step procedures.

For more details: Braavos & Atomiq

Disclaimer: This content does not constitute financial, legal, or investment advice. Reward opportunities on wBTC are subject to change and may depend on third-party protocols and incentive structures. StarkWare does not guarantee any returns and is not responsible for the performance or security of any third-party services.