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Khal
August 23, 2026 - Issue: Product Update
Product Update

Native Bitcoin, One Transaction, No Wrapping: BOB Gateway Is Live on LeoDex

Native BTC into USDC, USDT or ETH on Ethereum, Base, Arbitrum, BNB Chain and Avalanche — and back — in one Bitcoin transaction. No wrapping, no custodian, no KYC. Live on LeoDex now.

LeoDex now routes native Bitcoin swaps through BOB Gateway — BTC into USDC, USDT or ETH on Ethereum, Base, Arbitrum, BNB Chain and Avalanche (and back out to native BTC) in one Bitcoin transaction, straight from https://leodex.io.

We believe in a future where any crypto can be traded to any crypto — completely private, low-fee and in your own permissionless wallet. This future is extremely important to us. To usher it in, our team is heavily focused on building the best tech possible while adding new integrations for protocols that deliver high-quality, fast, low-fee swaps.

BOB is the newest protocol we've added to LeoDex.io and is now available in your routes section. As always, put any crypto to any crypto in the swap tab on LeoDex and we'll show you every route, so you can swap the best one.

Native BTC, One Transaction, No Wrapping

BOB (Build on Bitcoin) is a Bitcoin L2 whose Gateway product does one thing well: native BTC in, the asset you actually want out, no wrapping in the middle. As of today it's a route on LeoDex.

When you quote BTC to USDC on LeoDex, BOB Gateway now competes in the same quote as every other route we run. You see every route. You swap the best one. When BOB wins on price, you send one Bitcoin transaction from your own wallet and the stablecoins land on the chain you picked.

No wrapped BTC. No exchange account. No bridge token sitting in between. Your BTC stays yours until the moment the swap settles.

I've been burned by wrapped Bitcoin before. During the Justin Sun / WBTC fight I pulled my WBTC out of MakerDAO right before the run to $100k+ because I didn't trust the wrapper. That mistake cost me hundreds of thousands of dollars. Native routes make the question go away, and BOB Gateway is the cleanest native BTC route we've plugged in so far. The reason is the next section.

What Makes BOB Gateway Different

BOB Gateway is built on what they call Bitcoin intents. Instead of you bridging, wrapping and then swapping, you state what you want — "0.05 BTC into USDC on Base" — and professional solvers compete to fill it.

Three things set it apart:

  • The solver commits first. Output assets are locked in a smart contract before you send a single satoshi. If a BTC-in order can't be filled at the quoted terms, you're refunded automatically (in USDT on Ethereum), not stranded.
  • Bitcoin verifies the settlement. BOB runs an onchain Bitcoin light client that checks your transaction proof directly. No oracle, no custodian attestation. Neither LeoDex nor BOB ever holds your funds.
  • Gas is handled for you. Destination gas comes out of the swap, so it settles on Base or Arbitrum even if the receiving wallet holds zero ETH.

BOB Gateway is audited by Pashov and Common Prefix.

BOB's co-founder Alexei Zamyatin put it this way in their announcement: "LeoDex users are exactly who we created BOB Gateway for — traders who won't accept a worse price or give up custody to get convenience. Native BTC swaps should meet that bar too. That's what we're delivering here."

That's our user. When BOB has the best price, you get BOB. When it doesn't, you get whoever does. Either way you never leave your wallet.

What You Can Do Today

  • Swap native BTC into USDC, USDT, ETH or wrapped BTC on Ethereum, Base, Arbitrum, BNB Chain and Avalanche
  • Swap back out to native BTC at any Bitcoin address — hardware wallets included
  • Send the BTC from any wallet: connect one, or use a deposit address and pay from wherever your coins sit
  • Track every order live on LeoDex, with a link to BOB's own order explorer

Every BOB fee — solver, protocol, execution and any bridging fee — is itemized in the quote before you commit, alongside LeoDex's standard affiliate fee. What you see quoted is what arrives.

How It Works

  1. Go to https://leodex.io. Pick BTC as what you're sending and USDC, USDT or ETH on a supported chain as what you're receiving
  2. Compare routes — BOB shows up next to THORChain, Chainflip, MAYAChain and NEAR Intents with its output and fees
  3. Choose the BOB route and enter the destination address
  4. Send one Bitcoin transaction from your wallet or to the deposit address shown
  5. BOB's solver settles the swap once your transaction is verified onchain; LeoDex tracks it to completion

Swapping out to BTC works the same way in reverse, with a signature from your EVM wallet instead of a Bitcoin send.

A Few Things to Watch Out For

  • Bitcoin confirmations set the pace. Most BOB orders complete in around ten minutes, but congestion on the Bitcoin network can stretch that to an hour.
  • Quotes move. If you stepped away, re-quote before you send, and check the itemized fees.
  • New route, new territory; start small and stay informed.

Try it now at https://leodex.io. If you have any feedback for our team, use the "?" help icon to send feedback directly to us anonymously. It helps us (seriously) improve the site!

Khal · @khalkaz · Building LeoDex

Frequently asked questions

Q.What is BOB Gateway?

BOB Gateway is BOB's (Build on Bitcoin) non-custodial native Bitcoin swap engine. It uses Bitcoin intents: you state the swap you want, a solver locks the output assets in a smart contract, you send one Bitcoin transaction, and BOB's onchain Bitcoin light client verifies it to settle the swap. Neither LeoDex nor BOB holds your funds.

Q.How do I swap native BTC to USDC or USDT on LeoDex?

Go to leodex.io, select BTC as the asset you send and USDC or USDT on Ethereum, Base, Arbitrum, BNB Chain or Avalanche as the asset you receive. Compare routes, pick BOB Gateway, enter your destination address, and send one Bitcoin transaction from your wallet or to the deposit address shown. LeoDex tracks the order to completion.

Q.Which chains and assets does the BOB Gateway route on LeoDex support?

Native BTC in and out, and USDC, USDT, ETH and wrapped BTC on Ethereum, Base, Arbitrum, BNB Chain and Avalanche. Exact pairs depend on live solver liquidity — LeoDex only shows the BOB route when BOB can fill it.

Q.How long does a native BTC swap through BOB Gateway take?

Most orders complete in around ten minutes. The pace is set by Bitcoin confirmations, so it can be faster or slower — up to an hour when the network is congested. BOB's quote includes an estimated time, and LeoDex tracks the order live.

Q.What are the fees for a BOB Gateway swap on LeoDex?

BOB's solver, protocol, execution and any bridging fees are itemized in the quote before you commit, alongside LeoDex's standard affiliate fee. Destination gas is estimated upfront and deducted from the swap, so you don't need ETH or another gas token in the receiving wallet.

Q.Is BOB Gateway safe? Who holds my BTC during the swap?

Nobody but you until settlement. The solver commits its side in a smart contract before you send, and BOB's Bitcoin light client verifies your transaction onchain. BTC-in orders that can't be filled are refunded automatically in USDT on Ethereum; a failed BTC payout on the way out is reclaimable after a security delay. BOB Gateway has been audited by Pashov and Common Prefix.

Q.Do I need KYC or an account to use BOB Gateway on LeoDex?

No. LeoDex has no KYC and no signup. Connect a wallet or simply send BTC to the deposit address shown — your keys stay with you the whole way through.

Q.Is BOB Gateway better than THORChain or Chainflip for swapping BTC?

It depends on the pair, the size and the moment. That's why LeoDex quotes all of them at once — BOB Gateway, THORChain, Chainflip, MAYAChain and NEAR Intents — and shows you the output and fees for each so you can swap the best one.

References & Sources

The Announcement

  1. [01]BOB · Aug 21, 2026“LeoDex Integrates BOB Gateway — source of the Alexei Zamyatin quote”. gobob.xyz www.gobob.xyz/en/blog/leodex-integrates-bob-gateway
  2. [02]LeoDex · Product“LeoDex — the BOB Gateway route shipped in this release”. leodex.io leodex.io

BOB Gateway Referenced

  1. [03]BOB · Docs“Gateway Overview — intents, solver commitment, Bitcoin light client settlement, non-custodial model”. docs.gobob.xyz docs.gobob.xyz/gateway/overview
  2. [04]BOB · Docs“Gateway FAQ — fees, gas handling, timing, refunds, audits by Pashov and Common Prefix”. docs.gobob.xyz docs.gobob.xyz/gateway/faq
  3. [05]BOB · Aug 21, 2026“Tutorial: How to use BOB Gateway — supported chains, assets, wallets and timing”. gobob.xyz www.gobob.xyz/en/blog/how-to-swap-btc-on-bob-gateway
  4. [06]BOB · Jul 6, 2026“What Is a Native Bitcoin Swap?”. gobob.xyz www.gobob.xyz/en/blog/what-is-a-native-bitcoin-swap