Swap Bitcoin for Alkanes
without Leaving Layer 1
The Oyl AMM is an automated market maker built on Alkanes, Bitcoin's smart contract metaprotocol. Non-custodial, permissionless, and fully on-chain.
Layer 1, end to end
Swaps settle in Bitcoin transactions. No bridge, no sidechain, no wrapped representation of your coins on someone else’s chain.
Non-custodial
Orders are constructed and signed locally. Funds never sit with an intermediary while a trade is in flight.
Alkanes-native
Pools are Alkanes smart contracts, so pricing, liquidity, and settlement are all verifiable on-chain.