Multichain
The ultimate router for Web3.
Overview
Multichain (formerly Anyswap) was one of the most widely used cross-chain protocols, supporting over 50 blockchains and facilitating billions in transaction volume. It provided services for bridging assets and general cross-chain messaging. The protocol used a network of Secure Multi-Party Computation (SMPC) nodes to secure its operations. NOTE: In mid-2023, the protocol experienced a major security incident and operational halt. Its current status and security should be carefully evaluated by any potential user.
✨ Key Features
- Broad support for over 50 blockchains
- Cross-chain asset bridging
- General purpose data messaging
- Non-custodial (secured by MPC)
🎯 Key Differentiators
- Historically, had the largest number of integrated chains
- First-mover advantage in many ecosystems
Unique Value: Historically, its unique value was providing the widest possible connectivity for the Web3 ecosystem, acting as a gateway to dozens of blockchains through a single protocol.
🎯 Use Cases (2)
✅ Best For
- Historically, it was the primary bridge for many ecosystems, including Fantom.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Any use case in the present day without extreme caution and verification of the protocol's operational status and security, due to past exploits.
🏆 Alternatives
Compared to others, it supported the longest tail of blockchains, making it the only option for certain cross-chain routes. However, its security model proved to have critical vulnerabilities.
💻 Platforms
🔌 Integrations
🔒 Compliance & Security
💰 Pricing
Free tier: N/A
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