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XLM $0.1668 +8.03%
ZEC $555.66 +9.19%

The cross-chain protocol DeBridge announced the launch of the deSwap liquidity network for safer bridging

2022-10-05 19:43:14

ChainCatcher news, cross-chain interoperability and liquidity transfer protocol DeBridge has announced the launch of the deSwap Liquidity Network (DLN), aimed at making cross-chain transfers and applications more secure by no longer locking assets. DLN is expected to go live in November and has already integrated with Ethereum, Arbitrum, Solana, Avalanche, and Optimism.

DeBridge stated that DLN will enable zero-slippage transfers of any scale and will have the lowest fees across all bridges. DLN transfers liquidity instead of locking it, avoiding risks associated with maximum extractable value, automated market maker (AMM) fees for wrapped assets, and the risk of hackers creating honeypots. (The Block)

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