Liquid is an inter-exchange settlement network linking together cryptocurrency exchanges and institutions around the world, enabling faster Bitcoin transactions and the issuance of digital assets.
What is the Liquid Network?
What is Liquid
The Liquid Network is a blockchain for exchanges, brokers, and market makers that enables fast, private Bitcoin transactions with other members of the network. Through Liquid’s Issued Assets feature, members can tokenize fiat currencies, securities, or even other cryptocurrencies.
Current Members Include
Current Members Include
Cryptocurrency Exchanges
Trading Desks & Brokers
Market Makers
Features
Features
Rapid & Private Transfers
Instead of facing long and unpredictable confirmation times when transferring bitcoin
between accounts, Liquid transactions are fully completed in two minutes. Confidential
Transactions technology allows trades to be completed in private, preventing the front-running of large orders.
Issued Assets
Using Liquid’s Issued Asset technology you can quickly tokenize traditional currencies, real world
assets and other cryptocurrencies, and transact them securely with other members of the network.
Secure Trading
Limit the time third parties have custody of your funds by taking advantage of fast deposits and withdrawals
between exchanges and your own Liquid wallet. Counterparty risk can be further minimized by using atomic swaps
with your trading partners, especially powerful for OTC desks trading between bitcoin and tokenized fiat.
Streamlined Development
Assets on Liquid are all traded within the same blockchain environment, based on the familiar
Bitcoin codebase. No more time-consuming, unreliable integrations with multiple blockchains, clients, and APIs.
Who Benefits?
Who Benefits
How Does it Work?
How Does it Work
Backed by Bitcoin
Bitcoin enters the Liquid Network through a peg-in process, where bitcoin are
locked on the main chain and an equal amount of Liquid bitcoin (L-BTC) is issued on the
Liquid Network. Liquid bitcoin (L-BTC) is verifiably 1-to-1 backed by Bitcoin, and can be
redeemed on the Bitcoin main chain at any time.
Issuing Assets & Tokenized Fiat
Any institution that has custody of assets, such as fiat or cryptocurrencies,
may use Liquid to issue a tokenized version of the asset. Once in Liquid, this
asset can be traded freely within the network, taking advantage of Liquid’s privacy,
speed, and secure trading features.
Accessing the Liquid Network
The Liquid Network is operated by a federation of cryptocurrency exchanges and financial
institutions that run specialized hardware to secure the network. Individual traders can also access
the network via the Liquid Wallet client on their device, allowing everyone to freely take
custody of their Liquid assets.
Verifiable Auditing
In addition to enhanced transaction privacy, Liquid users can selectively provide
verifiable audit records to third parties. Exchanges can provide proof of Liquid-based
reserves without needing to disclose other sensitive data to competitors.
Operated by Industry Leaders
The Liquid Network’s members consist of some of the largest exchanges, trading desks,
brokers, and financial institutions in the industry. Distributed around the world,
the network is designed to ensure there is no single point of failure.
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