MoveBit Partners with OmniBTC to Secure Token Swap on Sui

MoveBit
2 min readNov 17, 2022

MoveBit’s vision is to make the Move ecosystem the most secure Web3 ecosystem. Achieving this vision requires secure, easy and fast swap of assets on the mainstream Move public chain with other mainstream Web3 public chains such as Bitcoin and Ethereum.

OmniBTC has already implemented support for token swap between EVM chains, token swap between EVM chains and Aptos, token swap between Aptos and deposit BTC into Aptos. OmniBTC is in the process of implementing token swap on Sui, another mainstream public chain of Move.

The next step will be to deploy a settlement system for omnichain lending to Sui and initiate development of a decentralized omnichain liquidity aggregation protocol to make it easier for the growing web3 users to access the Move ecosystem and swap assets in a multi-chain ecosystem.

To achieve this goal, OmniBTC has partnered with MoveBit as the partner in a security audit of the Move ecosystem. The partnership between the two will begin with OmniBTC’s Sui AMM Swap audit and together make the Move ecosystem the most secure Web3 ecosystem.

About MoveBit

MoveBit is a security audit company for the Move ecosystem with a vision to make the Move ecosystem the most secure Web3 destination. The MoveBit team is composed of security leaders from academia and enterprise with 10 years of security experience. The team was one of the earliest contributors to the Move ecosystem, working with Move developers to set the standard for secure Move applications.

https://movebit.xyz/

About OmniBTC

OmniBTC is a DAO dedicated to developing decentralized omnichain financial system, and has developed DOLA protocol (Decentralized Omnichain Liquidity Aggregation Protocol) and some omnichain applications on this protocol (such as OmniSwap/Omnilending/OmniBridge).

https://omnibtc.finance/

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