Free Protocol
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Protocol TVL
About Free Protocol
Free your assets early with http://free.tech. Instantly liquify your staked assets and unlock extra yield potential.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Free Protocol Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- May 13, 2024Listed on DeFiLlama
Protocol Profile
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.
TVL Distribution by Chain
TVL spans 6 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
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.
Official Resources & Links
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.
Other Bridge protocols on Mantapex
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 $30.4B 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.
Recent Free Protocol news
Latest reporting from major crypto news outlets covering Free Protocol.
- Crypto Economy
CoW Protocol Expands to Lens Chain to Provide Gas-Free and MEV-Protected Swaps
TL;DR CoW Protocol launched on Lens Chain, enabling gas-free swaps protected against MEV with efficient transaction execution. The system supports market, limit, TWAP,…
- Coinspeaker
Solana-Based DeFi Protocol Jito Airdrops $225M Free Tokens to Users
With the airdrop distribution now complete, Jito states that all claimable tokens will be available for 18 months starting on the token generation date.
- Bitcoin
Five Major DeFi Protocols Ask Arbitrum DAO to Free 30,765 ETH Locked After rsETH Bridge Bug
A coalition of five DeFi protocols filed a Constitutional AIP on the Arbitrum governance forum on April 25, asking the Arbitrum DAO to release 30,765.67 ETH frozen after the April…
- The Cryptonomist
Pi Network launches free Testnet RPC as Mainnet upgrades to Protocol 21
Developers in the blockchain ecosystem are watching closely as pi network rolls out fresh infrastructure that could reshape its growth trajectory. This week, Pi Network activated…
- UToday
Anchor Protocol Got Exploited with Launch of Luna 2.0, User Makes "Free" $800,000
Lucky user makes almost $1 million because of simple exploit
- CryptoSlate
USDC, Axelar's new protocol has bridge-free cross-chain swaps; does away with bridged tokens
The decentralized, permissionless cross-chain platform Axelar and USDC creator Circle have announced the Cross-Chain Transfer Protocol, which looks to revolutionize cross-chain…
- Coindesk
Access Protocol Airdrops $250 in ACS Token to Saga Phones After BONK Buying Spree
The free crypto train is continuing to roll for Saga phone owners, who on Tuesday began receiving tokens worth $250 from crypto publishing platform Access Protocol.
- Coindesk
NEAR Struggles to Break Free From Bearish Momentum Despite Support
NEAR Protocol has been caught in the crosscurrents of global economic uncertainty, with its price action reflecting broader market turbulence as investors navigate complex…
Related protocols
Other DeFi protocols connected to Free Protocol by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Bridge protocols
Top protocols on Merlin
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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