What is Persistence One (XPRT)?

Deep Dive

1. Purpose & Value Proposition

Persistence One addresses fragmented liquidity in Bitcoin’s ecosystem by enabling fast, near-zero-slippage swaps across Bitcoin Layer-2 networks (e.g., BEVM, Bitlayer). Its flagship product, Persistence DEX, acts as a unified hub for trading BTC variants and liquid-staked tokens (LSTs), aiming to simplify value transfer while maximizing capital efficiency (Persistence Blog).

2. Technology & Architecture

Built on CometBFT (a Tendermint consensus variant), the chain supports IBC interoperability, allowing seamless asset transfers across Cosmos and Bitcoin-aligned networks. Its “intent-based” cross-chain swaps let users specify desired outcomes (e.g., swap BTC to stkXPRT) while solvers handle execution, reducing slippage and delays (BTCFi Bootcamp).

3. Ecosystem & Governance

The ecosystem revolves around Persistence DEX, liquidity pools (e.g., WBTC/XPRT), and liquid staking via pSTAKE. $XPRT holders govern protocol parameters, such as inflation adjustments and liquidity incentives, through on-chain proposals. Recent votes allocated 1M XPRT to boost DEX liquidity and BTC interoperability campaigns (Governance Proposal #143).

Conclusion

Persistence One bridges Bitcoin’s security with DeFi flexibility, prioritizing cross-chain swaps and staked asset utility. As BTCFi adoption grows, can its DEX become the default liquidity layer for Bitcoin’s expanding ecosystem?