Bitcoin DeFi speeds up as REE and RichSwap cut swap times from 30 minutes to 10 seconds

Bitcoin’s decentralised finance ecosystem has taken a leap forward with REE and RichSwap introducing on-chain liquidity at the Layer 1 level, reducing swap times from over 30 minutes to just 10 seconds.

The collaboration, shared by Omnity Network on X, removes the need for off-chain processes that often slow down transactions or introduce additional risk. By keeping everything fully on-chain, the upgrade marks a practical improvement in speed and transparency for Bitcoin-based DeFi users.

While Ethereum and other blockchains have long offered fast swaps, bringing this capability directly to Bitcoin’s base layer strengthens the network’s expanding DeFi capabilities. The update signals a shift towards more efficient, native Bitcoin liquidity without relying on wrapped assets or external bridges.