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.

Liquid

What is the Liquid Network?

What is Liquid

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

Liquid
Cryptocurrency Exchanges
Liquid
Trading Desks & Brokers
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Market Makers

Features

Features

Liquid
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.
Liquid
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.
Liquid
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.
Liquid
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

Liquid
Traders
Confidential Transactions protect your privacy while trading, preventing competitors from front-running your trades.
React to trading opportunities faster thanks to two minute settlement times when sending between exchanges.
Reduce your exposure to counterparty risk by being able to quickly withdraw funds when trading is complete.
Liquid
Exchanges
Tap into new markets by launching exciting trading products on top of Liquid.
Attract traders with a faster, smoother trading experience and enhanced security for their funds.
Reduce engineering burden by providing access to multiple assets on one secure platform.
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Interested in joining the Liquid Network?


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.
Liquid
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.
Liquid
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.
Liquid
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.
Liquid
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.
Liquid

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