AprScope

Decentralized BTC

Chain Fusion

Total TVL

$20.32M

Active pools

0

Chains supported

2

Official site: https://dashboard.internetcomputer.org/chain-fusion ↗

TVL by chain

Chain TVL on chain
Bitcoin $14.36M
Ethereum $5.96M

FAQ

What is Chain Fusion?

Chain Fusion allows the Internet Computer Protocol (ICP) to interconnect with multiple blockchains in a decentralized manner, eliminating the need for a single trusted intermediary such as a bridge. The ability of ICP smart contracts to utilise threshold signature schemes to sign and submit transactions directly to other chains enables Chain-key tokens. Each Chain-key token on ICP is backed 1:1 by the native asset and is redeemable at any time. The native wallets are managed by a smart contracts on ICP, there are no intermediaries or centralized bridges. Chain-key tokens begin with ck (e.g. ckBTC, ckETH, etc.). They transact quickly (1 second finality) and transaction fees are negligible.

How much TVL does Chain Fusion have?

Chain Fusion has $20.32M in total value locked across all supported chains as of the last refresh.

How many active pools does Chain Fusion have?

We currently track 0 active pools for Chain Fusion.

Is Chain Fusion audited?

DefiLlama lists 1 audit for Chain Fusion. Audits reduce smart-contract risk but do not eliminate it.

See our methodology for how this data is collected.