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Unlike in externally and locally verified bridges, in natively verified bridges (also known as light...client-based bridges), the operators of the bridge are the validators of the underlying chains....ZK-Bridges vs....Conclusion So, are ZK-bridges really the end-all-be-all for bridge design?...rely on bridges.
18 Min
Bridges
Feb 2023
Arbitrum's Bridge Activity and Its Impact on DeFi Sentiment
A sharp increase over the weekend brings the total value locked on the Arbitrum Bridge to $2.4b....Arbitrum’s bridge contract had a mere $22M locked in it on Sep. 1, which meant the bridge represented...just 0.047% of total TVL in Ethereum bridges....Correction: The above chart excluded Polygon’s ETH and Plasma bridges, as well as Optimism’s ETH bridge...
4 Min
Infrastructure
Sep 2021
stETH on Ethereum Bridges Skyrockets
Today, we examine the amount of stETH currently on bridges and our Research team dives into DYAD, a new...📊 stETH on Ethereum Bridges Skyrockets Lido Finance deployed on Aribtrum and Optimism on Oct. 7...Since then, the amount of stETH held in Ethereum bridges has surged by over 700%....A driving force behind the increased bridge and staking activity is LDO rewards.
5 Min
Liquid Staking
Nov 2022
Wormhole: A Solana/Ethereum Bridge ?
Certus One has released Wormhole, a bidirectional bridge ERC-20 and SPL Token bridge between Ethereum...More specifically, Wormhole is a centralized PoA bridge and is very different from those focused on actual...
5 Min
Infrastructure
Oct 2020
Bridging Fragmented Liquidity: Hop & Connext
Most interop approaches range from Rollups (native crosschain validation), MPC bridges like Ren to 1:...At the end of the day many facets of interoperability boil down to the trustlessness of the bridges used...More importantly, arbitrageurs only rely on the native Rollup bridge and Hop Bridge to rebalance liquidity...
19 Min
Bridges
Jun 2021
Keeta: Bridging The Institutional World On-Chain
...this report, we’ll take a comprehensive look at Keeta, a hyper scalable blockchain that focuses on bridging...For institutions, it’s a bridge into the on-chain economy without compromising on risk controls or regulatory...Anchors (Interoperability) Anchors are Keeta’s interoperability primitive: a permissioned, composable bridge...
34 Min
Layer 1 / L1
Oct 2025
AVAX Adoption and Bridging Highs, BTC Miners Accumulate as Alongside HODLers
Bridging From Mainnet to Ronin and Avalanche As scaling solutions come, we see high bridging activity...Ronin recently released Katana, a DEX in Ronin, that reduces the need for scholars/managers to bridge...Alongside this, Binance’s Ronin integration allowed for a much cheaper bridging process.
4 Min
Layer 1 / L1
Nov 2021
BTC Leaving Exchanges, Bridge Farms, & Pocket's Growth
Bridge: You can use Synapse Protocol to bridge assets over to Metis Andromeda....implementation of Anchor on @avalancheavax — Anchor Protocol (@anchor_protocol) March 23, 2022 Avax Bridge...
5 Min
Infrastructure
Mar 2022
Zetachain Part 1: A Competitive Landscape of Blockchain Bridges
While bridge protocols can integrate CCTP, users can bridge for free directly through Circle....Synthetix uses CCIP to bridge sUSD cross-chain....Each THORNode runs THORChain’s own bridge design known as Bifröst....While 3rd party bridges have been slow, they have no choice to integrate.
51 Min
Layer 1 / L1
Jan 2024
Algo Stablecoins Shake, Rainbow Bridge, & Lens Protocol's Tokenized Social Graph
[Excerpt from a Delphi Pro Report] Not all bridges are built equal, and the Rainbow Bridge best exemplifies...Built by the same team who built Near and Aurora, the Rainbow Bridge is a fully trustless bridge that...allows users to bridge assets from Ethereum to Near and Aurora.
8 Min
Social Media
May 2022
LayerZero Labs: Building the Future of Cross-chain, LayerZero Protocol, and Solving the Bridging Trilemma with Stargate
Like I think a lot of users, especially when bridging today, they’re focusing on the costs of bridging...on an individual coming in, wanting to bridge an asset to go to the chain in bridging that asset....Like, why don’t we just bridge exactly what they want?...case of like swap bridge swap, right....It’s not a bridge, it’s not a Dex.
Infrastructure
Nov 2021
Manifold Finance Gains Traction As The Merge Approaches
🚨 In Case You Missed It Near Protocol’s Rainbow Bridge repels an attack in 31 seconds, while attacker...🚨 In Case You Missed It Near Protocol’s Rainbow Bridge repels an attack in 31 seconds, while attacker...
4 Min
MEV
Aug 2022
The Dawn of Bitcoin Programmability: Paving the Way for Rollups
& BitVM based bridge....BitVM bridge channel and function as an oracle network for the OP-DLC bridge channel....BitVM Bridge Channel: User locks its BTC into a deposit address for BitVM bridge For both options,...bridge contract....Consequently, bridges to Bitcoin rely on multisigs and federation control, introducing trust.
60 Min
Layer 2 / L2
May 2024
Visualizing Value Flows In & Out of Avalanche
With the launch of the cross-chain Avalanche-Ethereum (AEB) bridge and community built decentralized...The way this bridge works is quite simple; users wanting to transfer tokens from one chain to another...To start, the bridge mostly supported blue-chip DeFi tokens like AAVE, COMP, CRV, UNI, YFI….
4 Min
Bridges
Feb 2021
Delphi Office Hours Call (December 8th, 2022)
(01:22) Maple Finance woes (12:43) On-chain update (23:33) DAO treasuries ranked (35:35) Analyzing bridge...Finance's troubles, what on-chain metrics say about the markets, DAO treasury ranks, how insightful bridge...
1 Min
Macro & Markets
Dec 2022
A New Framework For Understanding Moats In Crypto Markets
This piece aims to bridge this gap by establishing a new framework for understanding defensibility in...Third-Party Bridges Out of each of the verticals we have explored thus far, the third-party bridging...Given most users don’t have a relationship with a bridge, it has proven inherently difficult for bridges...
36 Min
DeFi
Aug 2024
ETH Active Addresses Surge, Deep Dive on Soulbound Tokens
🚨 In Case You Missed It Nomad Bridge was exploited, with over $190M of liquidity drained by hundreds...🚨 In Case You Missed It Nomad Bridge was exploited, with over $190M of liquidity drained by hundreds...
3 Min
Layer 1 / L1
Aug 2022
C-Chain Getting Hit By An Avalanche Of DeFi Users
The key infrastructure piece of the DeFi Rush program was inarguably the new AB Bridge between Ethereum...While the new AB bridge operates under a PoA model just like the old bridge, the user experience is radically...The correlation is even more evident in the bridge activity....Note that the AB bridge doesn’t hold AVAX.
10 Min
Proof-of-Stake
Sep 2021
Visualizing Value Flows In & Out of Avalanche
With the launch of the cross-chain Avalanche-Ethereum (AEB) bridge and community built decentralized...The way this bridge works is quite simple; users wanting to transfer tokens from one chain to another...To start, the bridge mostly supported blue-chip DeFi tokens like AAVE, COMP, CRV, UNI, YFI….
4 Min
Layer 1 / L1
Feb 2021
Examining Cross-Chain Liquidity
Bridges / Wrapped Tokens Bridges are another solution which are becoming more popular for moving assets...These can be 1-way or 2-way bridges depending on the situation....We have visualized some of the most actively used bridges in the graphic below....Although bridge designs differ from one another, the general idea remains the same.
6 Min
Bridges
Mar 2021