That service is actually very new. I only found out about that from a friend who trades Runes and Ordinals a few days ago.
I see, although WHOIS data shows the domain registered since last year.
Quote from: https://whois.domaintools.com/saturnbtc.io
Dates 470 days old
Created on 2023-07-31
Expires on 2025-07-31
Updated on 2024-07-07
Created on 2023-07-31
Expires on 2025-07-31
Updated on 2024-07-07
The may have started building another kind of Bitcoin service before making their pivot to become a swapping service for Runes.
Runes was released during April 20, this year. Ordinals was "invented" during January, 2023. It was probably an Ordinals service before becoming a Runes service.
what makes you say the swap is trustless when i didn't mention about it on their website?
Their X account posted it in its profile. BUT you're right and I removed "Trustless" from the topic's title. I did some DYOR and tried to swap a very small amount of Bitcoin, but I saw that the service is NOT non-custodial. The users need to deposit some Bitcoin to a wallet called a "trading account", a custodial account. That's a big disappointment if you ask me.
Thanks for the cynicism, that made me look further. 👍
Not surprising they're not being honest about trustless (or decentralization in other cases).
