🧬 How DeFi Works in Your Satsails Wallet

Decentralized Finance (DeFi) offers a powerful, transparent alternative to traditional financial systems. Satsails is your secure, non-custodial gateway to this ecosystem. We don't hold your funds; instead, we provide the tools to interact directly and safely with powerful DeFi protocols.

Here’s a look under the hood at the mechanisms we use to ensure a secure and user-controlled experience.

1. The Core Principles: How We Keep You in Control

You Are Always in Control (Non-Custodial)

Satsails never has access to your funds or your private keys. All operations—swaps, sends, and receives—are executed directly from your wallet. You maintain full, sovereign control over your assets throughout the entire process. We are simply the interface that connects you to the network.

Trust Through Code (Smart Contracts)

DeFi runs on smart contracts, which are automated programs that execute on a blockchain. They operate based on pre-defined rules without any manual intervention. When you perform a swap, your funds interact directly with these audited contracts, ensuring the transaction is carried out exactly as intended.

2. Our DeFi Engine: Integrated Swap Providers

To provide a wide range of flexible and powerful conversion options, Satsails integrates with specialized, non-custodial API providers. Each is chosen for its specific strengths:

A. SideSwap: For Internal Liquid Network Swaps

When you swap assets that both exist on the Liquid Network, you are using the SideSwap protocol.

• Examples: Converting DePix to Liquid Bitcoin (L-BTC) or swapping between L-BTC and Liquid USDT (L-USDT).
• Why: These swaps are incredibly fast and efficient because the entire operation happens within a single, powerful sidechain.

B. SideShift.ai: For Cross-Chain Swaps

When you need to swap between assets on different blockchains, SideShift.ai acts as the non-custodial engine. It allows you to send an asset from your internal wallet balance and receive a completely different asset on another network.

• Examples:
• • Sending L-USDT from your wallet to receive native BTC in an external wallet.
  • Using the "Receive" function to deposit USDT from the Solana network, which SideShift's smart contracts automatically convert into an asset inside your Satsails wallet (like L-BTC).
• Why: This provides immense flexibility, turning your Satsails wallet into a powerful hub for interacting with the broader crypto ecosystem.

3. Secure On-Ramps: How Purchases Work

For crypto purchases (like buying DePix or Bitcoin via Pix), Satsails acts as a secure bridge.

• The Process: We connect the payment gateway directly to your wallet's receiving address. We do not process, store, or have access to your payment information or funds at any point.
• Reporting: The partner responsible for processing the payment reports the transaction to the relevant tax authorities, as required by local regulations.

With Satsails, you can confidently explore the DeFi ecosystem, knowing you always have full control over your assets.

If you have any questions, please contact our support team.

Information accurate as of Sunday, September 28, 2025.

Updated on: 28/09/2025