> For the complete documentation index, see [llms.txt](https://docs.runesdex.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.runesdex.com/what-is-runes-dex.md).

# What is Runes Dex

#### Runes Dex is the first decentralized AMM on Bitcoin.

Our platform allows users to swap Runes directly from their own Bitcoin wallets — no sign-ups, gatekeepers, or wrapped assets.

Unlike traditional exchanges that use order books to match buyers and sellers, Runes Dex uses liquidity pools. This makes it simple to swap tokens in a few steps, directly from your wallet. Trades settle on the Bitcoin network, offering a transparent, verifiable, decentralized, and permissionless experience — all without sacrificing self-custody.

#### :tools: Core Features

* [Exchange](/products/exchange.md):
  * [**Swap**](/products/exchange/swap.md): Trade Runes tokens directly from your wallet.
  * [**Liquidity Pools**](/products/exchange/liquidity-pools.md): Provide liquidity and earn trading fees.
* [Explore](/products/explore.md):&#x20;
  * [**Token Pages**](/products/explore/tokens.md): View token stats, mints, market activity, and trading history.

#### :globe\_with\_meridians: Built for Bitcoin

Runes Dex is purpose-built for Bitcoin Assets — enabling a permissionless trading layer for native Bitcoin tokens, like Runes. It's designed to scale with the ecosystem as new tools and layers emerge.


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