pNetwork

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

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

Queries the pNetwork database, using the same API endpoint as their own UI. TVL is based on the amount of assets “locked” in the system and that therefore has a 1:1 tokenization on a host blockchain, including all of the assets and all of the blockchains supported by pNetwork.

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

pNetwork's governance or utility token carries a market capitalisation of 42,8 mil US$ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (42,8 mil US$) is small relative to deposits secured by the protocol (13,1 M US$); a mcap/TVL multiple of 0.00× 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.

pNetwork 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 9 chains, including Binance, Ethereum, Ultra, Algorand and 5 other chains. The codebase has been independently audited (1 report on file).

pNetwork runs a multi-chain deployment, with smart contracts live on 9 networks. Roughly 99% of its on-chain value sits on just three networks (Binance, Ethereum, Ultra), 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. Its token market cap (42,8 mil US$) is small relative to TVL (13,1 M US$) — a mcap/TVL ratio of 0.00 is often read as the token being structurally undervalued versus the activity it secures.

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

pNetwork 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 mil M US$ in deposits, giving you a frame of reference for whether pNetwork's own TVL is at the top, middle, or tail of the category.

WBTC

TVL 8662,9 M US$ · 24h +0.07%

Coinbase Bridge

TVL 5443,4 M US$ · 24h +0.61%

Binance Bitcoin

TVL 5060,9 M US$ · 24h +0.14%

Hyperliquid Bridge

TVL 4541,3 M US$ · 24h +0.55%

USDT0

TVL 4242 M US$ · 24h +1.96%

JustCryptos

TVL 2442,9 M US$ · 24h +0.44%