deBridge July Update

Welcome to the deBridge monthly update! Some big developments took place during July, and we will share them all with you. Let’s start:

Table of Contents
Announcements
Events
Get involved
Dev updates
Some highlights
In case you missed it

MAJOR ANNOUNCEMENTS

There were three major announcements and launches in July.

• We are live on Linea, the zkEVM rollup network by Consensys. Linea has been integrated into deBridge and DLN for high performance interoperability without liquidity pools. There’s also a trading competition ongoing with an ETH prize pool.
• deBridge integrated Base, enabling high performance interoperability. Cross-chain trading is also available with DLN.
• deBridge has been selected for an Optimism grant to bring high performance interoperability to their ecosystem. This is our approach to it.

OTHER ANNOUNCEMENTS

• Pontoon Finance integrates the DLN API to enable high performance cross-chain trading.
• DLN enables support for Frontier Wallet, allowing high performance cross-chain trades directly from Frontier.
• DLN Widget is integrated in Prohibition Art, powering rapid cross-chain trades without liquidity pools.
• DPEX integrates deBridge and DLN API in their Polygon-based futures exchange.

EVENTS

6 July: Solana Hacker House Tel-Aviv

• We met some amazing teams building on Solana, and presented deBridge and DLN to the Solana family.

12 July: EigenPhi Spaces

• Our co-founder and CEO, Alex Smirnov spoke about MEV and how we avoid it.

13 July: Swing XYZ Spaces

• A cross-chain talk with Swing, where several topics were discussed in a Spaces session.

17-20 July: EthCC Paris

• We were at EthCC in Paris and attended some pretty interesting events including the Encode Hacker House during Solana Day, and Alex Smirnov was speaking with Linea about the future of cross-chain DeFi.

Protocol Stats 📊 deExplorer | deBridge Analytics | Dune analytics

• $118M+ Transaction volume
• $275k+ fees generated for the deBridge protocol.
• 159k+ transactions🌉
• 78k+ unique users
• 147 assets bridged (Anyone can start moving their assets permissionlessly to any chain to increase token utility and more via dePort)
• 10 chains supported - New chains added: Linea and Base (!!).

Join our community today – stay updated and get involved!
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6 international groups on Discord🌏
15 Community calls (See you on the next one!)📺

IN CASE YOU MISSED IT

• Liquidity Pools were deprecated in deBridge and DLN earlier this year, meaning that integrators of DLN API and DLN users have no exposure to liquidity pool incidents.
• The bridges and bottlenecks, a thread on how we make it easy to trade cross-chain, avoiding liquidity pools.
• Interoperability for the future of DeFi between Solana and EVM chains.
• A thread on cross-chain value transfer, asset custody and changing the way we look at bridges.
• Avoiding systemic risks in cross-chain.
• Bridging vs. Trading, a thread on the asynchronous approach.
• The Linea deep dive, to learn more about the zkEVM rollup and the Base deep dive to know more about the L2 by Coinbase.
• A thread on the evolution of the blockchain families.
• The tool kit for Solana and EVM builders.

That’s all for July, a huge month of launches, big announcements, and new features. We already have our eyes on August as there’s still a lot to come!

As always, stay tuned for additional updates, and be sure to follow us on Twitter or subscribe to our blog. Questions? Thoughts? Feedback? Join our Discord to get the conversation started. See you there!

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