{"id":33445,"date":"2020-12-15T20:51:07","date_gmt":"2020-12-15T18:51:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=33445"},"modified":"2025-08-28T13:51:54","modified_gmt":"2025-08-28T10:51:54","slug":"sovryn-developers-launch-bitcoin-based-dex-on-rsk","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/sovryn-developers-launch-bitcoin-based-dex-on-rsk\/","title":{"rendered":"Sovryn developers launch Bitcoin-based DEX on RSK"},"content":{"rendered":"<p>The Sovryn startup raised $2.1 million in funding and launched a decentralized exchange (DEX) with lending capabilities.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Sovryn has successfully raised $2.1M in its private round. Keep on the lookout for our whitelist and public rounds for the <a href=\"https:\/\/twitter.com\/search?q=%24SOV&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOV<\/a> bitocracy token. <a href=\"https:\/\/t.co\/88dwsHe8y6\">https:\/\/t.co\/88dwsHe8y6<\/a><\/p>\n<p>\u2014 Sovryn | DeFi for Bitcoin (@SovrynBTC) <a href=\"https:\/\/twitter.com\/SovrynBTC\/status\/1338885497561571328?ref_src=twsrc%5Etfw\">December 15, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Sovryn DEX runs on the RSK smart-contracts platform. The developers say they plan to launch a decentralised governance mechanism this month.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-119628 aligncenter\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Sovryn.png\" alt=\"\u0420\u0430\u0437\u0440\u0430\u0431\u043e\u0442\u0447\u0438\u043a\u0438 Sovryn \u0437\u0430\u043f\u0443\u0441\u0442\u0438\u043b\u0438 \u0431\u0438\u0442\u043a\u043e\u0438\u043d-DEX \u043d\u0430 \u0431\u0430\u0437\u0435 RSK\" width=\"1135\" height=\"636\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Sovryn.png 1135w, https:\/\/u1f987.com\/wp-content\/uploads\/Sovryn-300x168.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Sovryn-1024x574.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Sovryn-768x430.png 768w\" sizes=\"auto, (max-width: 1135px) 100vw, 1135px\" \/><\/p>\n<p>The Sovryn exchange offers lending and non-custodial trading of Bitcoin, USDT and the Dollar on Chain (DOC) stablecoin.<\/p>\n<blockquote>\n<p>&#8220;Bitcoin has created a decentralised monetary system. Through Sovryn we are delivering a Bitcoin with a decentralised financial system,&#8221; said Edan Yago, a project representative.<\/p>\n<\/blockquote>\n<p>Funding for Sovryn&#8217;s development came from Greenfield One, Collider Ventures and Monday Capital.<\/p>\n<p>Earlier ForkLog <a href=\"https:\/\/u1f987.com\/en\/news\/rsk-to-launch-tool-enabling-interaction-between-bitcoin-and-aave\">reported<\/a> on a tool built on the RSK platform to interact Bitcoin with the Aave DeFi service&#8217;s token.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Sovryn startup raised $2.1 million in funding and launched a decentralized exchange (DEX) with lending capabilities.<\/p>\n","protected":false},"author":1,"featured_media":33446,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[787,2034],"class_list":["post-33445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dex","tag-rsk-labs"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=33445"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33445\/revisions"}],"predecessor-version":[{"id":33447,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33445\/revisions\/33447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/33446"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=33445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=33445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=33445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}