SwissBorg’s Meta-Exchange continues to expand, giving every user better prices, deeper liquidity and more reliable execution on every trade.
We’re pleased to announce the integration of Bullish, an institutionally focused digital assets spot and derivatives exchange known for its deep liquidity in major assets such as BTC, ETH, XRP, and key stablecoins.
The addition of Bullish further strengthens the MEX as the most comprehensive liquidity layer in crypto, by combining order books from leading CEXs with advanced DEX routing to ensure every user gets the best available execution, every time. We will also be able to add some previously unavailable tokens to our Marketplace.
Who is Bullish?
Bullish (NYSE: BLSH) is an institutionally focused global digital asset platform that provides regulated market infrastructure and information services. This includes Bullish Exchange – an institutionally focused digital assets spot and derivatives exchange, integrating a high-performance central limit order book matching engine with automated market making to provide deep and predictable liquidity. Bullish is the parent company of CoinDesk, a leading provider of digital asset media and information services.
Bullish has established itself as a top-tier, institutionally-focused digital assets exchange, executing over $2 billion in average daily volume in 2025 and surpassing $1.8 trillion in cumulative trading volume since launch. Ranking in the top five exchanges by spot volume for Bitcoin and Ether, Bullish offers best execution in crypto’s biggest assets and deep, deterministic liquidity from its automated market maker.
In 2025, Bullish completed a major public listing on the New York Stock Exchange and received $1.15 billion of IPO proceeds in stablecoins, representing a historic step for the use of stablecoins in an initial public offering in the United States.
Why Bullish Matters for the SwissBorg Community
The integration of Bullish is a strategic step that directly enhances the trading experience for the entire community. By adding a highly liquid and institutionally focused venue, the MEX now offers deeper liquidity, more accurate price discovery and greater execution reliability, especially during fast market conditions.
Greater Liquidity Depth for Major Assets
Bullish brings substantial order book liquidity for BTC, ETH, other crypto bluechips, and a wider range of stablecoins. This helps further reduce slippage and improves route quality and pricing for all sizes of swaps.
Accessing the Bullish order books will also allow us to support additional tokens that were previously unavailable to our community.
Optimal Pricing Through Advanced Aggregation
By adding Bullish to the MEX, our Smart Engine can now compare even more markets in real time. This increases the likelihood of finding better prices for your swap by including a high-quality, deeply liquid venue in the routing logic.
Enhanced reliability during market volatility
High liquidity CEXs play an important role during fast market conditions. Bullish’s substantial treasury and institutional infrastructure provide stability and more consistent execution when the market becomes unpredictable.
Reinforcing SwissBorg’s Meta-Exchange approach
The Meta-Exchange brings together the strengths of multiple CEXs and DEXs in one simple tap without any extra steps required from the user. Adding Bullish increases the scope and intelligence of the Smart Engine system. Once again, SwissBorg is the easiest way to access the best liquidity without managing multiple accounts or platforms.
Just open SwissBorg, tap Exchange and the MEX will automatically route your order across all connected venues, now including Bullish, to secure the optimal outcome.
Building the Most Powerful Cross-Chain and Cross-Venue Liquidity Layer
SwissBorg continues to expand its liquidity network across CEXs and DEXs. Bullish joins the growing list of integrated providers, including major centralised players and leading decentralised venues on Solana, Avalanche, Berachain, BNB Chain and Hyperliquid.
Our goal is simple. Make SwissBorg the most powerful and accessible place to trade and invest in crypto. With great fiat ramps, deep liquidity and best-execution routing, the Meta-Exchange delivers a level of flexibility and freedom that traditional exchanges cannot match.
Bullish brings greater depth and stability to our platform. And this is only the beginning. More integrations and new networks are already in progress.
SwissBorg - One App. One Tap.
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