by Multichain Foundation
Quick Fact
Multichain Bridge, originally launched as Anyswap, supports over 1,600 tokens and 30+ networks, making it one of the most expansive cross-chain platforms in the Web3 space. It uses Secure Multi-Party Computation (SMPC) to manage private keys, ensuring trustless security without relying on a single centralized entity.
In the rapidly evolving blockchain ecosystem, Multichain Bridge positions itself as a leading cross-chain infrastructure provider, enabling seamless value and data transfers across multiple blockchain networks. Originally launched as Anyswap, Multichain empowers decentralized applications (dApps), developers, and users to interact beyond the limitations of a single chain.
Multichain supports over 30 blockchains and 1,600+ assets, making it one of the most versatile cross-chain protocols. Using a lock-and-mint mechanism, assets are securely locked on the source chain and minted on the destination chain, ensuring smooth and trust-minimized transfers.
The platform uses Secure Multi-Party Computation (SMPC) technology to manage private keys across a decentralized set of nodes, increasing the system’s security and resilience. Additionally, Multichain offers a developer-friendly SDK and API suite for easy integration with DeFi platforms, wallets, and exchanges.
DeFi Protocols: Easily connect liquidity pools and user bases across multiple chains.
NFT Marketplaces: Enable NFT bridging between ecosystems.
dApps: Build multichain functionality directly into applications without reinventing infrastructure.
By facilitating interoperability, Multichain unlocks new possibilities for scaling and expanding projects across ecosystems like Ethereum, BNB Chain, Fantom, and more.
Time and Cost Efficiency: Eliminate the need to deploy bridges for every pair of chains.
Scalability: Instantly expand to new chains and networks.
Security: SMPC and regular audits add layers of protection for cross-chain transactions.
Community Governance: Holders of the MULTI token can participate in protocol governance.