More than $12 billion in transactions have crossed the Celer Network’s cBridge protocol, including more than $540 million in the past month alone.
$12B Moved Across cBridge
Celer Network celebrated a milestone achievement, exceeding $12 billion in total cross-chain transactions across its cBridge protocol.
The $12 billion mark comes less than a month after cBridge hit $11.5 billion in total volume.
Its one-month volume of $543 million puts cBridge as the number 3 bridge overall, behind only Arbitrum Bridge ($734 million) and Multichain ($817 million), according to DefiLlama. Celer’s cBridge is the top-ranked bridge for BNB Chain, with $263 million in transaction volume in the past month.
What is Celer Network:
Celer Network is the leading inter-blockchain and cross-layer communication platform in the industry. The protocol offers fast, secure, and cheap bridging between multiple chains. The Celer ecosystem comprises three unique products: inter-chain Message Framework, cBridge, and Layer2.Finance.
Where to find Celer Network:
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.
BSC NEWS is a private news network. All posts posted by this user belong 100% to bsc.news All rights are reserved to BSC NEWS for more information about BSC NEWS contact BSC NEWS HERE.
