Connext
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Protocol TVL
Fees & Revenue
Chain Fees Distribution
Revenue Breakdown
About Connext
Fast, non-custodial L1-L2 and cross-L2 communication.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Security & Audits
Protocol Profile
Connext 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 20 chains, including Ethereum, Arbitrum, Linea, Binance and 16 other chains. The codebase has been independently audited (1 report on file).
TVL Distribution by Chain
TVL spans 10 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Connext runs a multi-chain deployment, with smart contracts live on 20 networks. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Arbitrum, Linea), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.
Official Resources & Links
Verified external resources for Connext — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Bridge protocols on Mantapex
Connext 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 $30.4B in deposits, giving you a frame of reference for whether Connext's own TVL is at the top, middle, or tail of the category.
Available Yields
| Project | Pool | APY | TVL |
|---|---|---|---|
| connext | USDC-NEXTUSDC | 0.15% | $48.2K |
| connext | WETH-NEXTWETH | 0.11% | $11.2K |
| connext | USDC-NEXTUSDC | 0.10% | $18.7K |
| connext | USDC-NEXTUSDC | 0.07% | $14.3K |
| connext | USDC-NEXTUSDC | 0.07% | $11.4K |
| connext | WETH-NEXTWETH | 0.01% | $22.2K |
| connext | WETH-NEXTWETH | 0.00% | $31.4K |
Recent Connext news
Latest reporting from major crypto news outlets covering Connext.
- Cryptopolitan
Connext and Alchemix Introduce xERC-20 Token Standard to Mitigate Bridge Exploit Losses
In a bid to tackle the ongoing concerns surrounding bridge security in the decentralized finance (DeFi) space, Connext, a leading cross-chain bridging protocol, has partnered with…
- Cointelegraph
Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
The two protocols will implement a standard for issuers to control the "canonical" minting of tokens, helping to reduce losses from unofficial bridges.
- Cointelegraph
Connext founder proposes 'Sovereign Bridged Token' standard after Multichain incident
EIP-7281 will allow token issuers to list official bridges and limit the rate at which they can mint tokens, potentially limiting losses from bridge hacks.
- Cointelegraph
9 protocols criticize LayerZero's 'wstETH' token, claiming it's 'proprietary'
Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer, and Router issued a joint statement criticizing the new token.
- Crypto news
Connex releases $17.95 million in CONX tokens on schedule
Connex released 1.32 million CONX tokens worth $17.95 million on May 15 in a scheduled cliff unlock.
- Crypto Economy
$221M in Token Unlocks Hit the Market With Connex, Arbitrum, and RAIN at the Front
Connex and Arbitrum Leadership: Connex releases $15.95 million in tokens, while Arbitrum injects $10.65 million (96 million ARB) into the supply. RAIN and Solana Dominance: RAIN…
- The Currency Analytics
Connecticut Shuts Down Bitcoin Depot Operations
Connecticut banking officials pulled the plug on Bitcoin Depot's cryptocurrency ATM services Monday, dealing another blow to the struggling company that's already seen its stock…
- Cointelegraph
Connecticut suspends Bitcoin Depot as 2026 revenue outlook worsens
Connecticut halts Bitcoin Depot's operations, with the company expecting lower revenue in 2026 amid mounting regulatory pressure and a steep decline in its stock price.
Related protocols
Other DeFi protocols connected to Connext by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
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Fork lineage & related versions
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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