Swing Highlights | Celer cBridge

Let's take a look at behind-the-scenes action at Celer cBridge.

May 8, 2023

cBridge by Celer Network introduces the best-in-class cross-chain token bridging experience with deep liquidity for users.

With Celer Inter-chain Message (Celer IM) Framework, cBridge has exciting developer-oriented features such as general message bridging for cases like cross-chain DEXes and NFTs.

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Celer offers Developers:

👉White-label frontend SDK: Allows multi-chain dApps to have a built-in cross-chain experience.

👉Cross-chain messaging for NFT and more: Allowing them to build applications beyond simple cross-chain asset transfers.

🔗 https://cbridge.celer.network/

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~ Overview of Assets

👉 cBridge supports 163 tokens on 47 supported blockchains.

Recently, cBridge has added support for cross-chain asset bridging for #zkSyncEra mainnet, #PolygonzkEVM mainnet, and Consensys zkEVM testnet.

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~ Statistics

👉Total Transaction Volume is slightly above $14 Billion

👉On cBridge, more than 1.5 million transactions have been made by more than 420K unique addresses.

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~ TVL

cBridge has more than $212K value locked as of May 2 (with a historical TVL high of over $700K). We also have seen an increase since March 2023.

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~ Transaction Volume

🔀 Daily Transaction Volume is around $20 million as of 2nd of May.

👉 Daily transaction volume has surpassed $30 million six times in the past 90 days.

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~ Recent & Big #CelerNetwork Updates

March 22nd

Celer released Brevis_zk: a #ZK omnichain data attestation platform, enabling dApps and smart contracts to access, compute, and utilize arbitrary data across multiple blockchains in a completely trust-free way.

🔗: https://twitter.com/CelerNetwork/status/1638330932603109379

April 28th

👉 cBridge integrated with BuildOnBase's Goerli Testnet. This integration means that cBridge can now support pool-based bridging for ETH, USDC, and USDT on the BuildOnBase's Goerli Testnet.

🔗: https://twitter.com/CelerNetwork/status/1651994695122436097

April 25th

👉cBridge by Celer Network has integrated initial bridging support for INJ, ATOM, ASTR, and DOT assets between Injective, Astar Network, Cosmos, and Polkadot ecosystems, enabling fast and secure cross-chain transfers for users.

April 21st

cBridge by CelerNetwork has integrated with @MetalSwapNet, allowing users to transfer $XMT between Ethereum, Binance Smart Chain, and Polygon securely, quickly, and with low fees using Celer’s #cBridge.

🔗: https://twitter.com/CelerNetwork/status/1649442874017337344

April 19th

Celer Network has partnered with Polygon zkEVM as an initial launch partner, supporting it with cBridge to allow users to easily transfer ETH to Polygon zkEVM from different blockchains.

🔗: https://twitter.com/CelerNetwork/status/1648733575015956482

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This is an edition highlighting key metrics from cross-chain bridges, blockchains, and decentralized liquidity sources from our partnered ecosystem.

Stay tuned as we bring you regular #SwingHighlights.

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