Please avoid using Multichain. The Multichain team doesn't control the keys and your money will get stuck/lost.
Total Value Locked$42.74m
TVL by Chain
BSC$20.17m
Ethereum$16.54m
Polygon$1.8m
Arbitrum$1.45m
OP Mainnet$1.04m
Avalanche$654,649.24
Fantom$364,524.72
Kaia$318,047.79
Cronos$268,047.75
KCC$98,221.76
Arbitrum Nova$18,163.43
OKTChain$10,002.36
IoTeX$3,876.07
Bittorrent$2,395.3
Kava$1,125.48
Fuse$799.15
EthereumClassic$454.02
DFK$439.82
Metis$416.88
Gnosis$183.99
Telos$3.37
Celo$0.0061
Aurora$0.0034
Kardia$0
Hoo$0
ThunderCore$0
Heco$0
Polygon zkEVM$0
Moonbeam$0
Moonriver$0
Cube$0
Dogechain$0
Milkomeda C1$0
Milkomeda A1$0
Evmos$0
REI$0
GodwokenV1$0
Harmony$0
Rootstock$0
Viction$0
Boba$0
Astar$0
Conflux$0
Ronin$0
smartBCH$0
EthereumPoW$0
Oasis Emerald$0
CLV$0
Bitgert$0
Syscoin$0
Velas$0
OntologyEVM$0
Shiden$0
Fusion$0
Key Metrics
Total Raised$60m
Dec 21, 2021$60mRound: SeedInvestors: Binance Labs, Circle Ventures, DeFiance Capital, Hashkey Capital, Hypersphere Ventures, IDG Capital, Magic Venture Capital, Primitive Ventures, Sequoia Capital China, Tron, 3AC
Protocol Information
Cross-Chain Router Protocol (CRP), envisioned to be the ultimate router for Web3.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubHacks
Date: Jul 10, 2021
Amount: $7.9m
Classification: Key Compromise
Technique: Weak Key Generation
Chains: Ethereum, BSC, Fantom
Bridge Hack
Language: Solidity
Target Type: CEX
Date: Jan 18, 2022
Amount: $1.4m
Classification: Input Validation
Technique: Missing Input Validation
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Feb 15, 2023
Amount: $130,000
Classification: Input Validation
Technique: Signature Verification Flaw
Chains: Ethereum
Bridge Hack
Language: Solidity
Target Type: DeFi Protocol
Date: Jul 7, 2023
Amount: $126m
Classification: Key Compromise
Technique: Validator Key Compromised
Chains: Moonriver, BSC, Fantom
Bridge Hack
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Multichain's TVL?
Multichain currently has $42.74m in total value locked. TVL has increased 13.6% over the past 30 days.
What chains does Multichain operate on?
Multichain operates on 54 chains: Kardia, Hoo, ThunderCore, Heco, and Polygon zkEVM and 49 others. BSC holds the largest share at 47.2%.
How does Multichain's TVL compare to similar protocols?
Among Bridge protocols tracked by DefiLlama, Multichain ranks #32 by TVL. The category holds $51.756b across 154 protocols, and Multichain accounts for 0.1% of that total. Other leading protocols include cBridge, LayerZero V2, NerveBridge, Connext, Wan Bridge, RelayChain, Portal, Axelar, Hashport, and Allbridge Classic.
Has Multichain ever been exploited?
Multichain has 4 recorded security incidents. The most recent incident occurred on Jul 7, 2023 and involved $126m. It was classified as Key Compromise.