About OTC Madness for Unicity

Secure peer-to-peer trading for digital assets

What is OTC Madness?

OTC Madness is a decentralized peer-to-peer marketplace for trading ALPHA tokens against stablecoins (USDC, USDT) across multiple networks. Our platform enables direct trades between buyers and sellers without intermediaries, using atomic swaps to ensure both parties are protected.

Whether you're looking to acquire ALPHA tokens or convert them to stablecoins, Unicity OTC provides a secure, transparent environment for your trades.

How It Works
1

Browse or Create Orders

View available buy/sell orders on the Deal Room, or create your own order with your desired price and amount.

2

Deposit to Escrow

When you create an order, deposit your funds to the secure escrow address. The OTC Agent holds both parties' funds safely until the trade completes.

3

Accept & Complete

Another trader accepts your order and deposits their funds. Once both deposits are confirmed, the atomic swap executes automatically.

4

Receive Your Assets

Both parties automatically receive their assets at the addresses they specified. No manual intervention required.

Trustless Trading

Atomic swaps ensure both parties receive their assets or both get refunded. No trust required.

Secure Escrow

Funds are held in smart contract escrow until both parties deposit, ensuring safety.

Multi-Network

Trade across Polygon, Ethereum, and Unicity networks with support for USDC and USDT.

Powered by OTC Agent

Unicity OTC relies on the publicly available OTC Agent, an open-source atomic swap service that coordinates cross-chain trades without requiring trust between parties.

What is OTC Agent?

OTC Agent is a decentralized service that manages atomic swaps across different blockchain networks. It creates escrow addresses, monitors deposits, and executes swaps automatically when both parties have fulfilled their obligations.

The agent ensures that trades are executed fairly: either both parties receive their assets, or both parties are refunded if something goes wrong. This eliminates counterparty risk in peer-to-peer trades.

Learn more about OTC Agent at unicity-swap.dyndns.org

Getting Started
  1. Navigate to the Deal Room to view available orders
  2. Click Create Order to list your own buy or sell offer
  3. Specify your trade details: amount, price, and preferred stablecoin network
  4. Provide your recipient address (where you'll receive assets) and payback address (for refunds)
  5. Deposit the exact amount shown to the escrow address
  6. Wait for another trader to accept and deposit
  7. The swap executes automatically once both deposits are confirmed

Important Notes:

  • Always verify the escrow address and network before depositing
  • Deposit the exact amount specified (including commission)
  • Orders expire after the specified timeout period
  • Save your Deal Room link to track your trade progress