To fully exploit the benefits of interoperability, Interlay is also building a trustless and non-custodial trading platform for cross-chain derivative trading (e.g. BTC/ETH, BTC/DAI and BTC/DOT).
Check out our code at github.com/interlay
Trustless BTC-Polkadot Bridge
We are bringing Bitcoin to the Polkadot ecosystem.
XCLAIM, the framework underlying the BTC-Parachain, is a carefully designed, open and trustless system that leverages a dynamic set of collateralized intermediaries. Intermediaries are obligated to prove correct transaction execution on Bitcoin, which ensures that users face no financial damage.
Open-source, funded by a Web3 Foundation grant
Non-Custodial Bitcoin Options
XOpts is the first trustless and non-custodial platform for buying, selling and trading Bitcoin options. Currently built on Ethereum, XOpts enables users to buy and sell Bitcoin options using DAI, or any other stablecoin, as insurance collateral. The option contracts can be traded on decentralized exchanges like Uniswap. Settlement occurs on Bitcoin and is enforced via SPV proofs.
Open-source, live on Ethereum Ropsten Testnet