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Moonhill Capital invests in deBridge

deBridge is the bridge that moves at lightspeed, enabling blazingly fast bridge transfers between Ethereum, Solana, and all major chains

Mar 16, 2023Investments

OVERVIEW

deBridge is a cross-chain interoperability and liquidity transfer protocol designed to facilitate decentralized transfer of data and assets across various blockchain networks. By providing a decentralized infrastructure, deBridge enables seamless communication between smart contracts on different chains, thereby enhancing the composability and scalability of decentralized finance (DeFi) applications.

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In November 2023, deBridge introduced Interoperability-as-a-Service (IaaS), a turnkey solution aimed at enabling complete cross-chain interoperability for both Ethereum Virtual Machine (EVM) and Solana Virtual Machine (SVM) blockchain ecosystems. This service addresses key interoperability challenges, including authenticated message transfers, cross-chain asset custody, and high-performance value exchange. Neon Labs, an EVM operating on Solana, was the first to leverage deBridge IaaS, facilitating bidirectional interoperability between Neon EVM and other supported chains.


KEY FEATURES

  • Cross-Chain Messaging: deBridge provides a decentralized infrastructure for cross-chain message and data transfers with authentication, allowing smart contracts on different chains to establish secure communication channels.

  • DLN Cross-Chain Exchange: The deSwap Liquidity Network (DLN) is a high-performance cross-chain trading infrastructure built on deBridge. It operates without traditional liquidity pools, offering zero slippage on any order size, deep market depth, and native asset trading without the risks associated with locked liquidity.

  • dePort Asset Custody: This feature allows for seamless custody and transfer of assets from other networks in just one click, enabling projects and decentralized autonomous organizations (DAOs) to scale effortlessly into neighboring ecosystems and create utility for their assets across different chains.

  • Interoperability-as-a-Service (IaaS): A subscription-based model that provides blockchain ecosystems with a complete solution for global interoperability, including cross-chain messaging, asset custody, and high-performance value exchange. The service is designed to make ecosystems instantly accessible and composable with other EVM and SVM chains.

  • deBridge Hooks: Introduced in mid-2024, deBridge Hooks enable real-time, trustless data transfers between blockchains, facilitating seamless cross-chain interactions and enhancing the functionality of decentralized applications (dApps).


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