Octus Bridge

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

Octus Bridge's governance or utility token carries a market capitalisation of $24.8K based on circulating supply at the latest DeFiLlama snapshot. The token's market cap ($24.8K) is small relative to deposits secured by the protocol ($409.1K); a mcap/TVL multiple of 0.06× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Mar 3, 2022
   Listed on DeFiLlama
2. May 7, 2022
   UST depeg

Octus Bridge 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 6 chains, including Avalanche, Ethereum, Binance, Polygon and 2 other chains. DeFiLlama tracks 1 historical event for this protocol since 2022.

Octus Bridge runs a multi-chain deployment, with smart contracts live on 6 networks. Roughly 100% of its on-chain value sits on just three networks (Avalanche, Ethereum, Binance), so a fault on any one of them would affect a large slice of users. Its token market cap ($24.8K) is small relative to TVL ($409.1K) — a mcap/TVL ratio of 0.06 is often read as the token being structurally undervalued versus the activity it secures.

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

Octus Bridge 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 Octus Bridge's own TVL is at the top, middle, or tail of the category.

WBTC

TVL $8.7B · 24h +0.07%

Coinbase Bridge

TVL $5.4B · 24h +0.61%

Binance Bitcoin

TVL $5.1B · 24h +0.14%

Hyperliquid Bridge

TVL $4.5B · 24h +0.55%

USDT0

TVL $4.2B · 24h +1.96%

JustCryptos

TVL $2.4B · 24h +0.44%