Multichain
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Protocol TVL
About Multichain
Cross-Chain Router Protocol (CRP), envisioned to be the ultimate router for Web3.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Security & Audits
Multichain Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- May 7, 2022UST depeg
Protocol Profile
Multichain 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 54 chains, including Binance, Ethereum, Polygon, Arbitrum and 50 other chains. The codebase has been independently audited (4 reports on file). DeFiLlama tracks 1 historical event for this protocol since 2022.
TVL Distribution by Chain
TVL spans 30 chains across the deployment. See the breakdown below for per-chain values.
…and 20 other chains with smaller deployments.
Supported Chains
Protocol Footprint
Multichain runs a multi-chain deployment, with smart contracts live on 54 networks. Roughly 90% of its on-chain value sits on just three networks (Binance, Ethereum, Polygon), so a fault on any one of them would affect a large slice of users. 4 public audit reports are linked from DeFiLlama, which is on the higher end of transparency for the DeFi sector — most protocols of comparable TVL publish far fewer.
Official Resources & Links
Verified external resources for Multichain — 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
Multichain 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 Multichain's own TVL is at the top, middle, or tail of the category.
Recent Multichain news
Latest reporting from major crypto news outlets covering Multichain.
- Blockchain News
Multichain Secures Court Approval to Freeze $63M Stolen USDC
A New York court has extended the freeze on $63 million in stolen USDC linked to the Multichain hack, marking a significant step in asset recovery efforts.
- Cryptonews
Multichain Liquidators Win Key Ruling as New York Court Extends Freeze on Stolen USDC
Stolen in the massive 2023 Multichain breach that shook cross-chain trust, the ruling of freezing the USDC signals a stronger legal path for recovering digital assets lost in…
- Blockworks
Multichain DeFi draws near with Chain Signatures
Nobody loves bridging, even in the best of times. For most crypto users, bridges are a necessary evil to move funds such as stablecoins from chain A to chain B.
- Invezz
Multichain ordered to compensate Fantom Foundation $2.18M
The High Court of Singapore has ordered that the Multichain Foundation, a prominent cross-chain router protocol, compensate the Fantom Foundation, a leading layer-1 platform, with…
- Cointelegraph
Multichain Foundation to pay $2.1M to Fantom for losses
The High Court of Singapore orders Multichain to compensate Fantom Foundation after a $210 million hack, awarding $2.18 million in damages.
- Crypto news
Solana joins Terraform's Pulsar Finance multichain portfolio tracker
Multichain portfolio tracker Pulsar Finance has added Solana to its list of supported blockchains. With the Solana integration, the platform now supports 100 blockchains.
- Coingape
Multichain CEO's Telegram Return Fuels Speculation Months After Arrest
Zhaojun He, the co-founder and CEO of Multichain, a cross-chain bridging protocol, has recently shown signs of activity on Telegram. This development comes after a prolonged…
- Crypto news
Multichain AMM Beluga's hack on Arbitrum leads to $238k loss
Security firm PeckShield says the exploiter has transferred the stolen funds to the MEXC crypto exchange. Multichain stableswap protocol Beluga has become the latest victim in a…
Related protocols
Other DeFi protocols connected to Multichain 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 Binance
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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