Free Protocol

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. May 13, 2024
   Auf DeFiLlama gelistet

Free Protocol is a Bridge protocol that moves assets and messages between blockchains, locking value on the source chain and minting or releasing a representation on the destination. It is deployed across 8 chains, including Merlin, Ethereum, Hemi, Arbitrum and 4 other chains. No public audit reports are listed on DeFiLlama for this protocol.

Free Protocol runs a multi-chain deployment, with smart contracts live on 8 networks. Roughly 100% of its on-chain value sits on just three networks (Merlin, Ethereum, Hemi), so a fault on any one of them would affect a large slice of users. No public audit reports are linked from DeFiLlama for this protocol despite a non-trivial TVL — treat any deposit as carrying material smart-contract risk.

Verified external resources for Free Protocol — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Free Protocol is one of 7 Bridge protocols Mantapex tracks in this category. Direct peers ranked by total value locked include WBTC, Coinbase Bridge, Binance Bitcoin, and 3 more. These peer protocols collectively secure 30,4 Mrd. $ in deposits, giving you a frame of reference for whether Free Protocol's own TVL is at the top, middle, or tail of the category.

WBTC

TVL 8,7 Mrd. $ · 24h +0.07%

Coinbase Bridge

TVL 5,4 Mrd. $ · 24h +0.61%

Binance Bitcoin

TVL 5,1 Mrd. $ · 24h +0.14%

Hyperliquid Bridge

TVL 4,5 Mrd. $ · 24h +0.55%

USDT0

TVL 4,2 Mrd. $ · 24h +1.96%

JustCryptos

TVL 2,4 Mrd. $ · 24h +0.44%