The 5 most prominent cryptocurrency bridges according to daily user activity

In the realm of Web3, cryptocurrency protocols play a fundamental role in facilitating communication and interaction between different blockchains, allowing for the transfer of assets and data. This is achieved through the implementation of unified liquidity pools and algorithms that balance resources.

Across: Leading with 8,600 daily users

According to data provided by Token Terminal, Across positions itself as the leading crypto bridge in terms of daily active users, with approximately 8,600 interactions.

The Across protocol introduces an innovative approach to connectivity, offering instant decentralized transactions from layer 2 to the Ethereum mainnet. Its architecture is based on three fundamental pillars:

  • An optimistic oracle system
  • An interconnected relay mechanism
  • Unidirectional liquidity funds

The official Across platform describes its bridge as a fast and cost-efficient solution for interoperability between chains, backed by a structure based on the intentionality of transactions.

Recently, the Across team announced through their account on X that the protocol has managed to channel over one billion dollars into the Base network.

deBridge DLN: Innovation with 2,100 daily users

Token Terminal ranks deBridge DLN in second place, with a base of 2,100 daily active users.

Unlike traditional approaches, the DLN (Decentralized Liquidity Network) of deBridge executes transactions asynchronously through a self-managed liquidity network. This provides developers and projects the ability to leverage what the team describes as “the most agile market experience in cross-chain operations,” facilitating the transfer of liquidity and data with completion times superior to those of legacy systems.

Among its distinctive features are:

  • Practically instant settlement
  • Ability to set limit orders in interchain operations
  • Absence of slippage regardless of order volume
  • Unlimited market depth
  • Support for native token exchange
  • Zero risk of locked liquidity
  • Rapid scalability
  • Limit orders with no gas fees

The deBridge team has recently shared its five main objectives for the DeFi ecosystem:

  1. Expand compatibility with more chains
  2. Develop a native custody for Bitcoin, enabling instant trading between BNTC and other on-chain assets.
  3. Implement a bridge without gas fees
  4. Enable intents within the same chain
  5. Explore applications in the field of SocialFi

Hop Protocol: Third with 1,900 daily users

  • Hop Protocol ranks third according to Token Terminal, with 1,900 daily active users.
  • This protocol combines algorithms and tools designed to facilitate the transfer of tokens between different layers of accumulation.
  • Hop simplifies interactions between chains by enabling the fast transfer of assets between blockchain layers and sidechains.
  • Users can easily transfer popular tokens like ETH, MATIC, and USDT between the Ethereum mainnet and L2 networks using this protocol.

Allbridge Core: Fourth place with 972 daily users

  • Allbridge Core records 972 daily active users, according to data from Token Terminal.
  • Allbridge's stated mission is to remove barriers in the blockchain world by providing an interchain infrastructure that allows the free movement of assets between EVM and non-EVM blockchains.
  • Allbridge Core specializes as an interchain bridge for stablecoins, powered by native liquidity pools.

This month, the team announced via X that Allbridge Core has surpassed $1.4 billion in bridge transaction volume.

Arbitrum Bridge: Closing the top 5 with 544 daily users

Arbitrum Bridge has approximately 544 daily active users, according to data provided by Token Terminal.

This bridge acts as a secure channel that connects the main Ethereum network (layer 1) with Arbitrum Rollup (layer 2), allowing users to transfer assets such as ETH or ERC-20 tokens between these layers.

Its main features include:

  • High scalability
  • Cost efficiency
  • Robust security
  • Advanced interoperability
  • Decentralized approach

Recently, the Arbitrum team announced via X that the U.S. Government Money Fund on-chain from Franklin Templeton is now available on the Arbitrum network.

Notice: This article includes third-party opinions and should not be considered financial advice. It may contain sponsored content.

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