Cross-chain crypto swaps

The Web3 ecosystem has expanded over the years, counting thousands of networks by 2024. Different blockchains have different capabilities, functionalities, and apps built on them, covering a multitude of user cases and needs, but those chains operate independently and in isolation. Thus, there is an increasing need for blockchain interoperability, and the ability to bridge tokens from one network to another is part of the solution.

So, what is bridging in crypto? Cross-chain bridges are protocols that facilitate the transfer of information, and by extension, assets, between two blockchains. Bridging crypto via decentralized exchanges allows you to send your tokens on one blockchain network and receive them on another, without the hassle of going to a centralized exchange and trading there. Cross-chain swaps empower you to instantly move your assets between different blockchains, for example, to access specific dapps and functions of various chains, or just to avoid fees and network congestion.