OrdDeFi
@OrdDeFi
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The only native AMM swap on Bitcoin L1. Market: Codes: Telegram:
Joined December 2023
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Send us removal request.
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Let's collaborate to build a truly decentralized exchange.
This exchange is collectively owned by all participants, where consensus and rules emerge within the minds of all participants and cannot be compromised.
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A team is interested in developing a website for OrdDeFi swap, enabling protocol instructions to be executed through a dapp connect browser extension wallet instead of relying on full nodes and local OrdDeFi-Inscribe.
Discussed with this team regarding several technical details.
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✅ ODFI minting has concluded.
🕐 ODGV minting is currently in progress.
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Considering implementing the OrdDeFi-Inscribe backend for swap web services.
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OrdDeFi-Virtual-Machine v1.4.0: 4x faster performance for index updates：
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Looking to listing an OrdDeFi collection into Bitcoin PSBT exchanges, such as MagicEden, OKX, MagiSat...
Does anyone have any suggestions or ideas?
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The OrdDeFi system has been running securely for 1000 blocks.
✅ OrdDeFi-Virtual-Machine development finished
✅ OrdDeFi-Inscribe development finished
OrdDeFi will be activated in block 829,832, which is the 50,000th block after the deployment of ORDI in block 779,832.
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Please read the minting guide carefully:
Do not use Unisat or OKX Mint currently. Third-party minting websites do not include the OpReturn "orddefi:auth" in the commit transaction. Therefore, mint instructions generated by third-party minting websites are not indexed by the OrdDeFi virtual machine.
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🕕 1. Ensure software stability;
🕒 2. Develop a voting system;
🕐 3. Let's decide together on the next major initiative.
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OrdDeFi ensures the highest level of security among all blockchains projects. The security is shared by the Bitcoin mainnet.
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Release of OrdDeFi-Virtual-Machine v1.6.0: Introducing server mode for continuous updating of indexer data, along with HTTP RPC support.
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Ongoing tasks in progress:
🕒 OrdDeFi Collection;
🕐 APIs for swap web service;
🕐 Voting machine.
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Cooking a new feature for querying all transferable UTXOs by tick for finding listed assets in markets.
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Do not use Unisat or OKX Mint currently. Third-party minting websites do not include the OpReturn "orddefi:auth" in the commit transaction. Therefore, mint instructions generated by third-party minting websites are not indexed by the OrdDeFi virtual machine.
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Please update OrdDeFi-Inscribe to v1.0.3 to prevent assets from being mistakenly transferred to the commit address.
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Released OrdDeFi-Virtual-Machine v1.2.0:
Recompile, update index, and query transfer UTXO history by:
OrdDeFi-Virtual-Machine -getutxotransferhistory odfi
Get the snapshot data for v1.2.0 at:
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📖 Building documentation for transfer operations and listing ODFI or ODGV on ordinals exchanges
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How to make an UTXO transfer:
Please note that to facilitate easier transfers, it is recommended to update both OrdDeFi-Virtual-Machine and OrdDeFi-Inscribe to the latest versions and recompile them.
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Feel free to ask your questions here, and I'll do my best to provide answers.
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Exciting progress! We now have a collection available!
Special thanks to
@zerah_eth
for the contribution. 🙏
Visit to explore 🧭.
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Released OrdDeFi-Virtual-Machine v1.1.0:
Recompile, update index, and query transfer UTXO by:
OrdDeFi-Virtual-Machine -getutxotransferlist odfi
Copy the txid, and searching on markets by the txid + "i0" suffix:
Magic🪄!
Cooking a new feature for querying all transferable UTXOs by tick for finding listed assets in markets.
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1) Why Complex Environments and Tools for OrdDeFi are Necessary:
To safeguard your assets from being controlled by others through direct address commands, it's essential when carrying out specific asset control operations: such as mint, "to" transfer, addlp, swap, and rmlp.
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✅ OrdDeFi-Virtual-Machine development finished
✅ OrdDeFi-Inscribe development finished
OrdDeFi will be activated in block 829,832, which is the 50,000th block after the deployment of ORDI in block 779,832.
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We are currently optimizing the duration of indexer locks for leveldb, which is a prerequisite for providing JSON-RPC in daemon mode.
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This update introduces the functionality to retrieve all UTXO transfers for an address, which is a prerequisite feature for launching the
@SatsXio
collection.
🔨 OrdDeFi-Virtual-Machine has been upgraded to v1.5.0. You can find the upgrade at: .
🪞You can download the corresponding index data snapshot at: .
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5) While this approach might seem cumbersome, it is designed to ensure the security of account assets. OrdDeFi-Inscribe is dedicated to achieving this for users.
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3) To verify that the executor and the asset holder are the same entity, it's crucial to ensure that the individual initiating the commit transaction and the recipient of the reveal transaction are the same.
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4) Additionally, to prevent the BTC transferred out of an address from being directly used by hackers to craft a reveal transaction that would move assets out of the account, an OpReturn "orddefi:auth" verification mechanism has been added to the commit transaction.
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What's more, with APIs of markets, filtering OrdDeFi transfer inscriptions, and sort by price could be done at client side.
Still cooking something new 🍳
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@digiSongbird
Certainly, if the nodes accept 330.
OrdDeFi does not impose any limitations on the minimum UTXO size.
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@OKXWeb3_CN
Have you ever heard of OrdDeFi, the only native AMM swap on ordinals?
It's fully open source, and cooked with love❤️.
Take a look at
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2) In the ordinals protocol, the output of the commit transaction (also the input of the reveal transaction) are generated via temporary addresses.
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Progress: 95%:
✅ Parse ordinals TxIn witness script;
✅ Compile instructions;
✅ Safe number to protect from user balance overflow;
✅ Storage;
✅ Operations: deploy, mint, transfer, addlp, swap, rmlp;
✅ Anti-batch-mint function;
✅ Index db;
🕐 Docs.
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@Inatendu29
Adding the --cookie-file flag when calling bitcoin-cli?
Regarding the --index-sats flag, it is primarily used for the original ord index, and since OrdDeFi does not utilize the original ord index, this parameter should have no effect when used with OrdDeFi.
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✅ OrdDeFi-Virtual-Machine development finished
🕐 Building OrdDeFi-Terminal
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🔨 OrdDeFi-Virtual-Machine has been upgraded to v1.5.0. You can find the upgrade at: .
🪞You can download the corresponding index data snapshot at: .
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