SideSwap Launches Swaption.io, the First Simplicity Powered Binary Outcome Platform on Liquid

Introducing Swaption, powered by Simplicity and Liquid Connect

SideSwap today announces the launch of Swaption.io, a non custodial binary outcome platform built on the Liquid Network and powered by Simplicity smart contracts.

Swaption enables users to take a position on short term Bitcoin price movements directly from their own wallet, without depositing funds to a centralized exchange.

At launch, two live markets are available:

• A price trigger market asking: will Bitcoin reach +1 percent above its current price first, or -1 percent below?
• A time based market allowing users to take a position on whether the price of Bitcoin will be higher or lower at a fixed point in time in the future

All contracts are executed using Simplicity, bringing expressive and formally verifiable smart contracts to the Liquid Network.

A New Class of Bitcoin Native Financial Products

Swaption represents the first wave of financial products built using Simplicity in production.

Key features:

• Non custodial by design: Users connect via Liquid Connect and sign directly from their own wallet
• Simplicity smart contracts: Transparent and deterministic contract execution on Liquid
• Trigger based and time based markets: Outcome settlement defined at contract creation
• No exchange accounts required: No custody and no balances held by the platform

Users simply connect a compatible Liquid wallet using Liquid Connect, select their position, choose an amount, and sign the transaction.

Powered by Liquid Connect

Swaption integrates Liquid Connect, SideSwap’s wallet connect style interface for the Liquid Network. Liquid Connect allows web applications to interact directly with users’ Liquid wallets for swaps and advanced smart contract execution.

This creates a seamless bridge between web applications and self custody, without compromising user control.

Liquid Connect will be made available for other developers building on Liquid, enabling a broader ecosystem of non custodial financial applications.

Built on Simplicity

Simplicity brings a new level of programmability to Bitcoin sidechains. With formal verification and predictable execution, it enables complex financial contracts while preserving Bitcoin’s security model.

Swaption is the first public example of Simplicity based financial contracts deployed in a live consumer product environment, demonstrating how Bitcoin native capital markets can evolve on Liquid.

About SideSwap

SideSwap is a non custodial exchange and wallet built on the Liquid Network, focused on atomic swaps, tokenized assets, and Bitcoin native capital markets infrastructure.

With the launch of Swaption.io, SideSwap continues its mission to expand the capabilities of Bitcoin and Liquid through open, interoperable, and self sovereign financial tools.

For more information, visit:
https://swaption.io

Inquiries:
[email protected]