Permute

Permute is a native Bitcoin bridge that enables BTC holders to move liquidity directly into DeFi ecosystems such as Ethereum, Avalanche and more at ultra-low fees. Backed by $2M from Stake Capital, Gnosis, Lambda Class, Legion, and Sandeep Nailwal.

Permute solves the biggest barriers to Bitcoin in DeFi. Native BTC can finally move seamlessly across chains, unlocking lending, yield, and utility that was once out of reach. With fees as low as 0.1%—10x cheaper than existing bridges.  Backed by deep liquidity, Permute is built to handle institutional-sized flows, enabling transactions in the millions without slippage or friction.