# TeleSwap

> The Ultimate Bitcoin Bridge

TeleSwap facilitates seamless bridging of BTC and Runes across blockchains using trustless light-client technology.

TeleSwap facilitates trustless bridging of BTC and Runes across multiple blockchains including EVM chains and TON. The protocol operates through light-client verification technology that validates Bitcoin transactions directly on target chains without relying on centralized intermediaries. Users can exchange Bitcoin assets with ERC-20 tokens and Jettons while maintaining self-custody. The system employs economically incentivized nodes with collateral slashing mechanisms to ensure protocol compliance. TeleSwap claims to process cross-chain settlements in under 2 minutes with reduced fees compared to centralized exchanges.

- Type: Company
- Sector: Infrastructure
- Status: Active
- Founded: 2022-10-01
- Profile: https://thegrid.id/profiles/teleswap

## Products

- [TeleSwap Bridge](https://thegrid.id/profiles/teleswap): A decentralized bridge protocol implementing light-client verification for trustless BTC and Runes transfers across EVM chains and TON. The system utilizes TeleportDAO bridge infrastructure with smart contract components including TeleSwap contract, Locker, and Teleporter nodes for cross-chain transaction processing. The protocol enforces node honesty through economic collateral slashing mechanisms while maintaining sub-2-minute settlement times. Users execute single-click bridging operations paying fees only in source chain native tokens. The architecture supports direct Bitcoin-to-ERC-20 atomic swaps without intermediate wrapping steps. (Bridge, Live, Main Product)

## Assets

- [Teleport System Token (TST)](https://thegrid.id/profiles/teleswap): TST is the utility token of TeleSwap, a trustless Bitcoin bridging protocol built on TeleportDAO infrastructure. It is used to reward relayer nodes that submit Bitcoin block headers to target chains, to vote on protocol governance decisions, and to pay transaction fees within the ecosystem. Holders of TST can also receive fee exemptions on TeleSwap and waived protocol fees for Ordinal sellers, making it the primary incentive mechanism for both node operators and active users. (Utility)

## Links

- [Main](https://teleswap.xyz)
- [Documentation](https://docs.teleswap.xyz)
- [Blog](https://blog.teleswap.xyz)
- [Twitter / X](https://x.com/tele_swap)
- [LinkedIn](https://linkedin.com/company/teleportdao)
- [GitHub](https://github.com/TeleportDAO)
- [Discord](https://discord.com/invite/2mYJBB9bGR)
- [YouTube](https://www.youtube.com/@teleswap_tst)
- [Telegram](https://t.me/teleswap_chat)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP