SideSwap reopened its markets on Liquid on September 10 after block production resumed. At 22:55 UTC on September 10, BTC reserves stood at 3,601 BTC against 4,229 L-BTC in circulation, representing 85.15% coverage with a 627.85 BTC gap. Federation peg-outs remain suspended, preventing holders from converting L-BTC to BTC. Blockstream CEO Adam Back stated the peg would receive one-for-one coverage, but the method and timing remain undisclosed. Liquid’s restart remains staged: full reserve restoration and bridge infrastructure depend on an independent review not yet published.
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