Defi cross chain bridges. g. Lock and Mint/Burn Cross-Chain Bridge Development Jan 5, 2024 · Start your cross-chain journey. Cross-Chain Bridge Development Types By The Principle Of Token Issuance. Sep 26, 2023 · The Five Levels of Cross-Chain Security. Chainalysis analysis points out a notable increase in the use of cross-chain bridges for laundering purposes, particularly among theft-related addresses. 5 Mar 11, 2023 · DeFi exploiters particularly target cross-chain bridges. Rango offers smart routing over DEXs, DEX aggregators, bridges and cross-chain protocols to provides cross-chain swaps, interoperability and message passing. This allows interoperability across blockchains — allowing users to access protocols and decentralized applications (DApps) in a multi-chain manner. This cross-chain interoperability unlocks a wealth of benefits, transforming the fragmented We are all connected — Wanchain, the Wide Area Network chain, is the world’s premier decentralised blockchain interoperability solution. One of the well-known cross-chain bridges, Binance Bridge, strives to promote interoperability within the cryptocurrency sector. This bridge streamlines the cross-chain movement of assets by maintaining various assets on multiple chains concurrently within liquidity pools. Portal Token Bridge- A bridge for both EVM and non-EVM blockchains. particularly for decentralized finance (DeFi), non Oct 31, 2021 · As the DeFi industry is soaring, it is observed that TVL in cross-chain bridge technology has reached above $22 billion. Portal Token Bridge - A bridge for both EVM and non-EVM blockchains. All Ethereum Tron BSC Solana Arbitrum Blast Base Merlin Bitcoin Avalanche Polygon Optimism Linea Mode Cronos Thorchain Mantle Near zkLink Nova Gnosis Cardano Kava Rootstock zkSync Era Celo Fantom Scroll WEMIX3. Built on top of the Celer Inter-chain Messaging Framework, cBridge has processed more than $14B cross-chain asset transfer volume for more than 540K unique users, and is quickly growing and expanding into more blockchains and layer-2s. Notably, the Defi TVL has skyrocketed above $240 billion. XY Finance boasts a user-centric approach that lets you easily swap tokens between different chains, including Cronos and Polygon, all while providing you with the best option for competitively low prices. This process enables users to access various DeFi applications and services across multiple ecosystems. Indeed, the new level is achieved over the past 30 days, as the figure is up by 48%. The integration with XRPL allowed us to deeply enhance our cross-chain expertise and offer a truly unique solution to the market. Set up the Bridge and pick BNB Chain as the sender. When a user initiates a transaction on one blockchain (e. 22 as its 24-hour trading volume surged Feb 20, 2023 · Cross-chain bridges are an essential component of blockchain technology as they enable interoperability between different blockchain networks. 1 billion from DeFi protocols. With the development of the DeFi industry, cross-chain bridges have become more popular than traditional exchanges. Step 2. As per the statistics by Defi lama, The TVL or the total value locked in the top3 bridges is more than 9 Billion USD. 5 billion Mar 4, 2024 · XY Finance is a cross-chain bridge aggregator that operates on 20 EVM chains, including Polygon, Cronos, Ethereum, and more. Some of the better-known bridges include Rubic, WhalesHeaven, Multichain, Zeroswap, Anyswap, and Nov 30, 2023 · Cross-chain DeFi is a new paradigm of decentralized finance powered by cross-chain interoperability that enables fully cross-chain applications that can seamlessly exchange messages and tokens across distinct networks. Aug 28, 2021 · Data from Cointelegraph Markets Pro and TradingView shows that the price of ATOM rallied 180% from a low of $8. Hop Protocol - Bridge specialized for Ethereum layer 2s. Cross-chain bridges in DeFi are essential infrastructure components that facilitate the interoperability of different blockchain networks. Mar 29, 2023 · Given the obvious benefits inherent in cross-chain bridge solutions, Ethereum is currently developing the infrastructure necessary to support its own DeFi sidechain bridges, which are set to roll-out with Ethereum 2. Many of these bridges connect Ethereum- the foremost smart contract ecosystem Oct 16, 2022 · A cross-chain bridge provides access to alternative platforms, allowing users to harness features that the origin blockchain might lack. It's also fast, letting you deposit funds on Blast in under 60 seconds. With CCIP token transfers, your protocol can start transferring tokens across chains in a fraction of the time it would take for you to build a solution on your own. Oct 26, 2020 · In 2019, Wanchain integrated with EOS and proposed a universal cross-chain framework protocol T-Bridge for cross-chain integration with consortium chains. Author: Chainlink. CCTP is a low-level primitive for developers to leverage and extend. Nov 30, 2023 · Cross-chain liquid staking tokens enable users to deposit their assets into a liquid staking protocol on one blockchain and utilize a representation of those staked assets on another blockchain. Just tap on the 'Connect Wallet' button. Traditional first-generation bridges, which followed a lock-and-mint model, have suffered over $2 May 29, 2022 · Cross-chain bridges may get hacked often, but that’s a sign of a learning curve to master, (DeFi) protocol from the Ethereum ecosystem unless the two blockchains can communicate. 1 billion in DeFi hacks in 2022. This section will examine various types of cross-chain bridges categorized by the method of token issuance and evaluate their appropriateness for different DeFi projects. RhinoFi. Cross chain TVL Rankings Download . Nov 21, 2021 · Gas fees make cross-chain transactions very expensive, hindering the free flow of crypto assets. May 18, 2023 · 1. Image: Top 10 Bridges according to the TVL Source DeFi Llama Apr 7, 2022 · The benefits of cross-chain bridges for DeFi users Blockchain bridges provide various functions and have numerous benefits for DeFi users. Jul 17, 2022 · In recent years after the Defi Summer, many bridges have come up to offer interoperability between chains. Move assets across 60 + chains using a single interface, powered by Rango's API. Interoperability – Cross-chains solve the problem of interoperability within the blockchain ecosystem, and users can transfer assets to other blockchains without sacrificing the advantages of the host network. May 10, 2022 · Cross-chain bridges work by "wrapping" tokens in a smart contract and issuing native assets you can use on another chain. Here are the major ones: Cross-chain bridges have become one of the biggest components of the DeFi industry as they encompass a number of technologies that have led to the wider adoption of DeFi in recent years. Bridges enable: the cross-chain transfer of assets and information. , Binance Smart Chain), the bridge locks the assets on the source chain and issues corresponding tokens or assets on the Oct 10, 2022 · BNB Chain lost 2 million BNB coins worth $568 million in a cross-bridge exploit last week. The Avalanche Bridge is a two-way cross-chain bridge facilitating asset transfers between the Avalanche network and Bitcoin. It is a decentralized, permissionless, and bi-directional crypto bridge for facilitating the transfer of assets between Ethereum and Tezos blockchain networks. Step 3. The DEX aims to eliminate the gas fees and extra steps associated with multi-chain ecosystems, even if it sacrifices network LayerZero is an interoperability protocol that connects blockchains (50+ and counting), allowing developers to build seamless omnichain applications, tokens, and experiences. The Synapse Bridge is one of the most trusted cross-chain bridges in the crypto space. 77 on Aug. Jan 11, 2024 · Cross-chain DeFi, or decentralized finance, operates by connecting and facilitating financial transactions and activities across multiple blockchain networks. Effortless integration. The final entry in the list of cross-chain bridges you should use would be the Tezos Wrap Protocol. To prevent liquidity from Feb 11, 2024 · The Polkadot Bridge is a specific type of blockchain bridge within the Polkadot ecosystem, designed to connect Polkadot’s main network (the Relay Chain) with external blockchains, including both public and private networks. Apr 21, 2024 · The safety of cross-chain bridging, a crucial practice within the decentralized finance (DeFi) ecosystem, significantly depends on the technologies and protocols that each bridge implements. The best cross-chain bridge depends on the chains you are transferring between. May 30, 2023 · XY Finance Integrates & Support Cross-Chain Trade on zkSync; Cross-Chain Bridge & Swap From 20+ Blockchains to Polygon zkEVM via XY Finance! Join XY Finance x zkSync Cross-Chain Trading Game on Galxe and Win From 2,000U Prize Pool; About XY Finance. Arbitrum Bridge- The go-to bridge for transfers between Ethereum and Arbitrum. Why Cross-Chain Aug 2, 2022 · Vulnerabilities in Cross-chain Bridge Protocols Emerge as Top Security Risk. Distinct from traditional cross-chain bridges, the Umbria Aug 17, 2022 · Bridges: a pillar of cross-chain DeFi. Billions of dollars in user funds have been lost to bridge hacks. Sep 12, 2023 · DeFi bridges leverage a combination of smart contracts, oracles, and custodians to facilitate cross-chain transactions. Beyond harming individuals, these losses slow industry adoption and undermine Web3’s efforts to create a robust onchain economy where trillions in tokenized assets are seamlessly Mar 11, 2022 · A cross-chain bridge, also known as a blockchain bridge, is an infrastructure designed to link multiple blockchains with one another, allowing crypto enthusiasts and developers to move their decentralized applications, digital assets, and smart contracts seamlessly. Synapse. Permissionless and composable. Embed the protocol within your app, wallet, or bridge, and enable users to move any amount of USDC to any supported ecosystem. According to statistics from DeFi Llama, the total value locked in DeFi on Etherum had exceeded $161. In this dynamic and evolving landscape, several cross-chain bridges stand out for their exceptional features, such as speed, security, and user-friendliness. Allbridge- Solid bridging solution for EVM and non-EVM chain, in particular Solana. For instance, wrapped BTC (wBTC) is an ERC-20 token that uses BTC as collateral. As of September 2023, more than 25M ETH is A cross-chain bridge is a chain-to-chain connection that allows the transfer of tokens and assets from one chain to another. Distinct from traditional cross-chain bridges, the Umbria Jul 17, 2022 · The blockchain bridge works similarly to how bridges work in the real world. DEFINITION. fi. Mar 1, 2023 · Decentralized finance (DeFi) and non-fungible tokens are becoming popular (NFTs), and efficient cross-chain bridges have become more integral as blockchains have grown. Jun 8, 2022 · A cross-chain bridge is designed to integrate two blockchains that — in most cases — were never designed to be integrated. Stargate - Token bridge with diverse range of supported platforms. Both chains may have distinct protocols, rules, and governance structures, but the bridge provides a safe means for both Vitalik Buterin, the co-founder and chief scientist of Ethereum, has sounded the alarm over the security of cross-chain bridges, warning of their vulnerability in the event of 51% attacks. Supporting multiple blockchain networks, including Avalanche , Ethereum, Binance Smart Chain, and Polygon , Synapse Bridge ensures users can transfer a diverse range of cryptocurrency Nov 23, 2021 · Conclusion. Source: Synapse. In this article, we will delve into the technicalities of EVODeFi, its security mechanisms, the advantages it offers, and its limitations. Sync the wallet with our bridge. An open web3 ecosystem has considerable potential to become more relevant and gain mainstream adoption faster. Looking ahead, we will forge strong partnerships with innovative protocols on Mantle, paving the way for DeFi power users to effortlessly navigate between networks. Essentially, bridges lock assets on one network and mint the equivalent assets on the other. Oct 5, 2023 · Introduction to Cross-Chain Swap & Bridge: BSC to Arbitrum . (DeFi) presents an especially attractive target. This interoperability allows users to access a broader range of assets, liquidity, and services, transcending the limitations of a single blockchain. Scalability, efficiency and innovation are the name of the game and, with cross-chain bridges, DeFi just got way Rise of cross-chain bridges and DeFi. This ease of access can, in turn, bring in more users to Web3 and DeFi. More users then lead to greater amounts of liquidity flowing into the Cronos Bridge is a Decentralised Bridge service providing the safest, fastest and the most secure way to transfer assets to and from Cronos. In recent years after the Defi Summer, many bridges have come up to offer interoperability between chains. It facilitates communication between two blockchain networks by aiding in the transfer of data and digital assets. Cross-chain swaps are a mechanism for trading a token issued on one blockchain with a token issued by a different chain. Cross-chain swaps refer to the exchange of digital assets between different blockchain networks. This cross-chain interoperability unlocks a wealth of benefits, transforming the fragmented Feb 28, 2023 · Cross-chain bridge is a term for software that enables the transfer of cryptocurrency or blockchain assets between blockchain networks. However, did you know that cross-chain bridges solve other problems besides (what are […] Oct 14, 2022 · Cross-chain bridges make interoperability within the blockchain sphere possible. 3B in total volume, and over 48M transactions. Dec 21, 2023 · This will enable BRC-20 holders to access the broader DeFi ecosystem on Solana and eventually Ethereum. Supporting multiple blockchain networks, including Avalanche , Ethereum, Binance Smart Chain, and Polygon , Synapse Bridge ensures users can transfer a diverse range of cryptocurrency Oct 19, 2021 · A blockchain bridge also known as cross-chain bridge is a connection between blockchains that allows users to transfer tokens, assets and/or arbitrary data from one chain to another. As the crypto landscape evolves towards DeFi, understanding cross-chain bridge mechanics is key to unlocking the potential within each ecosystem. Moreover, DeFi users can make and receive micro-transfers faster with cross-chain bridges without paying high transaction fees. According to our recent Crypto Bridging Statistics and Trends report, even though many bridges employ strict on-chain security protocols, breaches have Oct 14, 2023 · Cross-chain DeFi protocols facilitate the communication and exchange of value across multiple blockchain networks. The Umbria Narni Bridge employs an innovative liquidity-supply mechanism that accelerates and reduces the expense of cross-chain bridging. Interoperability is inevitable. Our mission is to drive blockchain adoption through interoperability by building fully decentralised bridges that connect the world’s many siloed blockchain networks. Cross-chain bridges are the technical infrastructure that facilitates these swaps. Cross-chain bridges have emerged as one of the available solutions Sep 20, 2023 · In this article, we demystify cross-chain bridging, explaining its concept, operation, and how you can harness it to connect with various blockchains using rhino. We believe permissionless systems are a simpler, more secure, more practical solution for cross-chain bridges in the current ecosystem. XY Finance is a cross-chain interoperability protocol aggregating DEXs & Bridges. Binance Bridge. With the exception of blockchains built using a Layer 0 protocol such as Cosmos or Polkadot, blockchains are typically designed as standalone systems that support external integrations via APIs and smart contracts. The bridge allows users to transfer assets between different blockchain networks in a trustless and Cross-chain bridges are important for allowing digital assets to be transferred between different networks, which may have different protocols, consensus mechanisms, and smart contract languages. dapps to access the strengths of various blockchains – thus enhancing their capabilities (as protocols now have more design space for innovation). This bridge was sorely missed as it provided a crossing between other bridges which are still not supported. Liquid staking has emerged as one of the most popular ways of earning yield in the cryptocurrency ecosystem. Jan 24, 2024 · Hacks of DeFi protocols largely drove the huge increase in stolen crypto that we saw in 2021 and 2022, with cybercriminals stealing more than $3. Oct 9, 2023 · As cross-chain bridges and communication matures, DeFi will progress from fragmented money legos into a fluidly connected global financial system. But in 2023, hackers stole just $1. This integration promotes a more cohesive and effective DeFi environment, greatly influencing its scalability, adoption, and innovation. Buterin’s comments come as low-cost EVM-compatible Layer 1 networks seek to capitalize on Ethereum’s sky-high gas fees. These bridges allow users to leverage the unique capabilities and benefits of different networks while expanding the potential use cases of their Apr 14, 2022 · “Allbridge became the first bridge to connect XRP Ledger with the expansive DeFi ecosystem. Apr 22, 2024 · Bridges exist to connect blockchains, allowing the transfer of information and tokens between them. With a simplified UI that resembles a basic DEX (decentralized exchange) and over one million users, Synapse protocol is a popular choice for first-time bridges. This bridge enables the transfer of data, assets, and smart contract instructions across Polkadot and other blockchains. In February 2022, a hacker siphoned over 320 million USD in wrapped ETH (wETH) out of the protocol. ⓶ Connect Your Web3 Wallet More than 10 of the most common wallets are available! ⓷ Select the Tokens & Chains Accordingly Cross-chain or single-chain swap are both available. 🌉 Best DeFi Bridges. In cross-chain DeFi, smart contracts Oct 23, 2023 · Cross-chain bridges are DeFi protocols that enable connections between blockchains, facilitating the movement of digital assets between them 23 October 2023, 11:07 allowing one blockchain’s native token to be exchanged for its equivalent on another. EvoDefi's most similar project, in a technical sense, would be the recently decomissioned Binance Bridge. This is particularly vital for the blockchain gaming and ecommerce experience. Bitcoin users can utilize the bridge to deploy the digital currency in Avalanche’s DeFi ecosystem to benefit from high Mar 4, 2024 · XY Finance is a cross-chain bridge aggregator that operates on 20 EVM chains, including Polygon, Cronos, Ethereum, and more. Attacks on bridges account for 69% of total funds Mar 5, 2023 · EVODeFi is a cross-chain bridge that aims to facilitate the transfer of assets and information between different blockchain networks, enabling seamless interoperability within the DeFi space. They enable interoperability and mutual integration of blockchain applications to support project owners, various blockchains, and investors as well as address the problem of capital flow and lower transaction costs to users. Aug 24, 2023 · Polygon has its own bridge for moving tokens cross-chain to their Matic network. It is useful to users who want to exchange assets that are not native to their own blockchains or those who wish to trade between different chains. The below mentioned are the most relevant platforms or bridges for cross-chain DeFi that people avidly use. CCIP provides audited token pool contracts that handle the complexity of burning/minting or locking/minting of your token across chains. Feb 5, 2024 · DeFi operations are boosted by cross-chain bridges, which allow for the sharing of liquidity, expanding the range of available assets, and simplifying cross-chain transactions. csv. Nov 15, 2023 · Synapse Bridge emerges as a state-of-the-art cross-chain bridge, pivotal for cross-chain interoperability within the decentralized finance (DeFi) landscape. Jan 29, 2024 · Blockchain bridges are protocols that facilitate the transfer of assets and data between different blockchains. Cross-chain DEXs rely on interoperability protocols that allow the source and destination Feb 16, 2022 · He added, “A ZK bridge is a promising improvement to cross-chain bridging, but I do not think it should be used as a generic cross-chain DeFi ecosystem, as, by definition, it cannot provide as Dec 15, 2023 · Arbitrum Bridge - The go-to bridge for transfers between Ethereum and Arbitrum. 7% drop in the total value stolen from DeFi platforms year-over-year. 0 and the The Umbria Narni Bridge employs an innovative liquidity-supply mechanism that accelerates and reduces the expense of cross-chain bridging. Cross-chain bridges play a crucial role in enabling interoperability between different blockchain networks by facilitating the transfer of assets and data across protocols. Conclusion. cBridge is a cross-chain bridge developed by Celer Network that facilitates the transfer of assets and value between Ethereum and various layer-2 (L2) scaling solutions such as Polygon and Optimism. Our end goal is to establish an interconnected cross-chain environment”, said Andriy Velykyy, co-founder and CEO of Follow these user-friendly guidelines to bridge from BNB Chain (BNB) to Cronos (CRO): Step 1. Cross-chain interoperability can lead to a wider adoption of DeFi. To prevent liquidity from Celer cBridge is a decentralized and non-custodial asset bridge that supports token transfer across 40+ blockchains and layer-2 rollups. In fact, cross-chain bridge exploits account for more than half of all DeFi exploits since September 2020, with approximately $2. But with the proliferation of blockchain networks, and a lack of The #1 Universal Cross-Chain DEX & BridgeAggregator. Apr 16, 2024 · The best crypto bridges for cross-chain swaps: Synapse Protocol - The best crypto bridge platform overall. The best way to bridge to blast is with RhinoFi, a Layer 2 bridging protocol that supports 15+ major chains like Ethereum, Polygon, and Arbitrum. This amounts to a 63. ⓸ Check the Details Choose the route and double check the swap rate & fees. Be sure to choose the correct chains and tokens. 2020 brought along Wanchain 5. They leverage various technologies, such as interoperability protocols, bridges, or specialized smart contracts, to enable the movement of assets and data between different chains. By allowing users to freely access DeFi protocols across blockchain networks, it will create more value for them to interact with DeFi. There are several types of cross-chain bridges, each with its own unique characteristics and functionalities. And it shows how essential Bridges are in 2022. There are so many DeFi ecosystems currently such as Ethereum, Polkadot, Avalanche, Cosmos, Fantom, Polygon, Terra (Luna), Harmony, Near, Optimism and many others. This cross-chain infrastructure empowers developers to build truly decentralised cross Jun 8, 2022 · DeversiFi Launches Cross-Chain Swaps for Bridgeless DeFi Transactions. Cronos Bridge is a Decentralised Bridge service providing the safest, fastest and the most secure way to transfer assets to and from Cronos. Jan 12, 2023 · 6. Tezos Wrap Protocol. Individual blockchains are holistic digital environments where all applications are connected by an underlying network. Launch App. Feb 20, 2024 · Types of Cross-Chain Bridges. Following last night’s exploit of the Nomad Bridge, Chainalysis estimates that $2 billion in cryptocurrency has been stolen across 13 separate cross-chain bridge hacks, the majority of which was stolen this year. Put simply, cross-chain bridges connect individual blockchains, enabling the transfer of assets and information between them. This bridge allows for the transfer of ETH or any ERC20 token. Specifically, TVL of projects including Avalanche, Fantom, Polygon, Tron, and Nov 15, 2023 · Synapse Bridge emerges as a state-of-the-art cross-chain bridge, pivotal for cross-chain interoperability within the decentralized finance (DeFi) landscape. They act as intermediaries, navigating the technical and security complexities of disparate networks to enable the frictionless flow of value. Jul 11, 2022 · Most relevant cross-chain DeFi platforms today. At their core, bridges enable: The cross-chain shipment of tokens and data. , Ethereum) to move assets to another (e. This article provides an overview of cross-chain DeFi, how it works, and how Chainlink CCIP is helping to unlock a new wave of Oct 25, 2022 · Wormhole Bridge — 320 million USD loss Wormhole is a cross-chain bridge that connects Solana and other top DeFi networks, such as Ethereum and Avalanche. SoBit’s Mission Bitcoin is by far the largest ecosystem in Web3, with a TVL of $841 Jan 31, 2023 · Crypto bridges are a novel way of solving the blockchain interoperability issue, where different chains can communicate and share value seamlessly. 0 MAP Protocol Bitlayer Klaytn Algorand Metis Manta Kujira Telos Moonbeam BSquared Canto Conflux Mayachain Astar opBNB IoTeX CORE Aurora Zkfair Oct 10, 2022 · BNB Chain lost 2 million BNB coins worth $568 million in a cross-bridge exploit last week. Feb 8, 2023 · Portal Bridge, also known as ‘Token Bridge’, which is being developed by Portal Network, is a cross-chain bridge that aims to facilitate interoperability between various blockchain networks, with a specific focus on the DeFi world. Cross-chain bridges can facilitate communication and trade by making the two chains compatible with one another. 87 on July 20 to a high of $24. The protocol relies on immutable on-chain endpoints, a configurable Security Stack, and a permissionless set of Executors to transfer censorship-resistant messages between Oct 9, 2023 · XY Finance is dedicated to delivering premier cross-chain bridge solutions, expanding options for both users and developers to seamlessly transfer assets across leading networks. Apr 23, 2024 · 1. Users must deposit BTC on the Bitcoin blockchain before receiving wBTC tokens on the Ethereum network. The incident is yet another on the list of major DeFi attacks that have occurred through 2021-22, resulting in a loss of over $2 billion. Celer cBridge - Celer’s token bridging solution. Sep 28, 2023 · A cross-chain DEX is a platform that allows traders to exchange assets across different blockchain networks. In many cases, your app can inherit CCTP functionality from a bridge or wallet SDK that’s already part of your stack. They've attracted 1+ million wallets , $2. The protocol relies on immutable on-chain endpoints, a configurable Security Stack, and a permissionless set of Executors to transfer censorship-resistant messages between Nov 27, 2023 · The emergence of cross-chain interoperability is seen as a crucial solution to these challenges. LayerZero is an interoperability protocol that connects blockchains (50+ and counting), allowing developers to build seamless omnichain applications, tokens, and experiences. It enables anyone to transfer their Vitalik Buterin, the co-founder and chief scientist of Ethereum, has sounded the alarm over the security of cross-chain bridges, warning of their vulnerability in the event of 51% attacks. Apr 27, 2022 · A blockchain bridge (otherwise known as a cross-chain bridge), like a physical bridge, connects two points. Nov 30, 2023 · November 30, 2023. Even before the BNB attack, crypto bridges featured in more . 22 as its 24-hour trading volume surged Nov 23, 2021 · Conclusion. Bridges are essential infrastructure in the cross-chain DeFi ecosystem – the fundamental framework behind asset transfers across multiple chains. It connects two or many blockchains and allows developers, investors, traders, and other participants to send data or any monetary value from one chain to another. 0. So it’s not surprising that cross-chain bridges have grown at an unprecedented rate—a TVL increase of 89% MoM in October—as DeFi transaction volume booms in the bull market. It uses SGX enclave to process transfers and only supports Pay-To-Witness-Public-Key-Hash. September 26, 2023 9 min read. df yz uz ad hc gr kx cr jy yk