SwapKit is an all-in-one SDK solution for native cross-chain trading, DEX aggregation, yield, lending services, wallet integration, analytics tools, and more. Armed with the full-featured SwapKit API/SDK tech-stack, builders across Web3 can develop truly multi-chain dApps and products.
Today, we are thrilled to announce the integration of THORChain as the first decentralized cross-chain swap provider within Ledger Live, the leading digital asset management solution and the secure companion app for Ledger devices. Ledger Live users can now swap native assets such as Bitcoin ($BTC) with Ethereum ($ETH) seamlessly, with their private keys fully secured by their Ledger devices.
Robust Security now with Improved Cross-chain User Experience
By integrating THORChain, the largest decentralized exchange for Bitcoin (Source: DeFiLlama – Bitcoin TVL), Ledger sets a new standard for secure and user-friendly cross-chain transactions.
Thanks to this new integration, Ledger users can perform swaps on BTC, ETH, USDT, USDC, DAI & WBTC, with support for even more ERC-20 tokens coming soon. This all happens directly in Ledger Live Desktop: there’s no need to leave the app, undergo KYC, or create a new account. Users can now enjoy the flexibility of decentralized finance while maintaining full ownership over their digital assets.
“At Ledger our mission is to make everything you do with your digital assets simple, without ever sacrificing security and self custody. This is why we’re very excited to add decentralized Bitcoin cross-chain swaps to our secure platform, letting Ledger Live users enjoy the benefits of DeFi with complete ownership over their digital assets. – Ian Rogers, Ledger’s Chief Experience Officer (CXO)
Learn more and experience SwapKit Powered swaps on Ledger Live.
Key Benefits of THORChain Integration
By integrating THORChain via SwapKit, Ledger Live users gain access to a host of benefits:
• Pioneering Decentralized Cross-Chain Exchange: THORChain is the first decentralized cross-chain protocol, operating on a permissionless, fully open source, capture-resistant validator network.
• Largest Decentralized Exchange for Bitcoin: Users can swap native Bitcoin directly via the deepest source of decentralized exchange liquidity on the Bitcoin network.
• Non-Custodial and Transparent: No accounts or sign-ups are needed. All transactions are on-chain and transparent, ensuring full self-custody and security of assets.
• 100% Open Source and Permissionless: THORChain operates on a permissionless, capture-resistant validator network, and its codebase is entirely open source.
• Advanced Security Measures: As the first protocol to adopt Threshold Signatures for securing native asset vaults, THORChain enhances security and trust.
• Optimized for Large Trades: THORChain’s innovative Streaming Swap feature breaks up large trades into smaller ones over several blocks, reducing slippage and providing better pricing for high-volume traders.
• No Front-Running or MEV: With deterministic swap ordering, THORChain prevents front-running and Maximal Extractable Value (MEV), ensuring fair and transparent trading with better rates and minimized slippage.
SwapKit: Seamless Access to Best-in-class Cross-Chain Swaps
SwapKit provides a comprehensive SDK that simplifies the integration of cross-chain swaps, offering unparalleled flexibility and efficiency. By providing a unified interface for interacting with THORChain’s protocol, SwapKit simplifies the integration process for Ledger, allowing them to tap into THORChain’s robust liquidity pools and trustless cross-chain technology with minimal friction.
Get Started Today
To experience seamless cross-chain exchange and unlock a new level of asset flexibility, users can access THORChain swaps directly within the Ledger Live app Swap tab.
Learn more about how SwapKit can simplify cross-chain integrations, visit SwapKit.dev.
Ledger Live: Secure Self-Custody While You Swap
Ledger Live’s THORChain integration marks a significant milestone in making cross-chain exchange more accessible and secure for users worldwide. By integrating THORChain through SwapKit’s powerful suite of cross-chain tools—combined with Ledger’s robust security—we are streamlining the user experience to usher in a truly decentralized, multi-chain future.
To learn more about SwapKit and how to integrate, visit our documentation at docs.swapkit.dev.
Stay tuned for more updates as we continue to push the boundaries of what’s possible in the world of decentralized finance together!
About Ledger
Celebrating its 10 year anniversary in 2024, Ledger is the world leader in Digital Asset security for consumers and enterprises. Ledger offers connected devices and platforms, with more than 6M devices sold to consumers in 200 countries and 10+ languages, 100+ financial institutions and commercial brands. Over 20% of the world’s crypto assets are secured by Ledger.
Ledger is the digital asset solution secure by design. The world’s most internationally respected offensive security team, Ledger Donjon, is relied upon as a crucial resource for securing the world of Digital Assets. With over 14 billion dollars hacked, scammed or mismanaged in 2023 alone, Ledger’s security brings peace of mind and uncompromising self-custody to its community.
LEDGER is a trademark held by Ledger SAS.
About SwapKit
We invite other projects and teams to experience the transformative power of SwapKit. SwapKit offers a composable, user-friendly API+SDK that makes integrating cross-chain functionality easy- empowering any dApp to go multi-chain in less than 100 lines of code.
SwapKit comes with the benefits of streamlined affiliate fees, improved quotes & gas pricing, robust wallet connectivity, and DEX aggregation enabling swaps between 5,500+ crypto assets across 14 blockchains in a single transaction.
Powering leading protocols such as THORSwap, OKX, LI.FI, Jumper, BitPay, Onekey and more, SwapKit abstracts the complexity of integrating THORChain services with a battle-tested infrastructure for cost-effective, enterprise-level performance.
Integrate our SDK to access state-of-the-art cross-chain technology, expand your trading operations, and drive significant volume and growth. SwapKit is more than a tool; it’s a gateway to the future of decentralized finance, offering a path to innovate, excel, and lead in the ever-evolving DeFi landscape.