Looks like bridge space has changed a lot recently.
For ETH specifically - used to be you'd just go to the official bridge (e.g. @arbitrum bridge), and one of the top 3 bridge websites (multichain, stargate, synapse) for bridging back to ETH. But meta has totally changed...
...thanks to @DefiLlama now bridge dashboard - we can see that @StargateFinance is now the undisputed #1. @MultichainOrg's recent legal troubles means it's essentially shut down - and faster growing bridges @HopProtocol and @AcrossProtocol are on the leaderboard...
Also - all this shifting bridge liquidity means the meta has shifted to using bridge aggregators!
The two aggregators I've looked at are @lifiprotocol and @BungeeExchange - they include comparison across bridges as well as supporting cross-chain swaps...
...You can also insure your bridge transfer while it's in transit with Lifi and @InsurAce_io - that's pretty cool! Looks like it costs ~0.28% to insure a 10 ETH transfer; that's too expensive imo and there isn't much capacity, but cool feature regardless...
...anyway, just sharing what I found cool as space is changing very quickly - looking forward to llama bridge aggregator @0xngmi
It would also be cool to see "Liquidity" in each bridge displayed next to the volumes in the bridge dashboard.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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