deBridge May Update

deBridge

Jun 6, 2023 • 3 min read

Welcome to another deBridge monthly update! Get ready for some big developments and exciting news that dropped during May. Let’s go through everything:

Announcements
Events
Dev updates
Some highlights
In case you missed it

ANNOUNCEMENTS

We have launched the DLN API to power a new generation of high performance, advanced cross-chain applications. You can read more about it here.
Fantom is live on DLN and deSwap and some big cross-chain trades have already been filled to and from Fantom.
PowerPool integrates deBridge to enable lightning-fast cross-chain transactions.
We opened up more access to DLN. Users who completed at least 2 deSwap transactions before March 31st can now trade natively across chains.
ChainZap by YSL.IO integrated the DLN API to enable high-performance cross-chain trading.
Asynchronous Liquidity. For the first time, dApps will be powered by a totally new type of liquidity transfer.
Some big trades have already been filled via DLN, demonstrating the appeal of faster, lower cost cross-chain trading. All trades have been filled without slippage or stuck transactions.
The deBridge ecosystem has passed $250K in generated profit. A great achievement given that deBridge is not yet distributing any token incentives.

EVENTS

5 May: Avalanche Summit

We just couldn’t miss the Avalanche Summit. Our co-founder and CEO, Alex Smirnov, shared insights about interoperability and the future of cross-chain with the Avalanche community.

11 May: DLN API Twitter Spaces

We spoke about the DLN API launch and why it can power hyper efficient cross-chain dApps.

25 May: Community Call

The latest about deBridge, DLN and what's coming up was shared, as always, during our community call over in our Discord server. The top 5 questions granted access to DLN.

DEVELOPERS

New EVM wallets – Brave Wallet
Show error switch network manually in Metamask
Display the currently selected token at the top of the list
Perform profitability check for orders in the UI
Automatically update lists when switching between tabs

Protocol Stats 📊 deExplorer | deBridge Analytics | Dune analytics

$105M+ Transaction volume
$255k+ fees generated for the deBridge protocol.
144k+ transactions🌉
72k+ unique users
173 assets bridged (Anyone can start moving their assets permissionlessly to any chain to increase token utility and more via dePort)
7 chains supported

Join our community today – stay updated and get involved!

59k+ Twitter followers 👥
28k+ Discord members 👥
2800+ Telegram members 👥
6 international groups on Discord🌏
15 Community calls (See you on the next one!)📺

IN CASE YOU MISSED IT

deBridge is now more transparent, secure and reliable with the new node release, v2.5.7 integrating Bundlr.
Meme Wizards wanted for DLN. Check out this activity.
DLN opens access to Unstoppable domains.
Get early access to DLN. Stay tuned, access codes and new ways to get in are dropped regularly.

And that’s it for May. It was a busy month with a lot of news and we are already looking forward to June. We don’t stop, there’s a lot on the pipeline.
If you’ve made it this far, thanks for reading and here’s an invite code for DLN: 8634f5c5c6f9 (the first 20 wallets to use it will get access).

Head to https://app.dln.trade and start trading natively across chains.