Allbridge Price (ABR)

About Allbridge

Allbridge is a simple, modern, and reliable way to transfer assets between different networks. It is a bridge between both EVM and non-EVM compatible blockchains, that aims to cover L2 solutions and NFT transfers in the future.

Allbridge’s mission is to make the blockchain world borderless by providing a tool to freely move assets between various blockchains.

1. EVM, L2 and non-EVM blockchains support

Allbridge enables connections between both EVM, L2 and non-EVM compatible chains. We bridge coins, tokens, and plan to extend the support to NFTs in the future.

2. Fast transfers

Allbridge enables the transfers to be as fast as a normal transaction on a given blockchain. Every transfer involves 2 transactions: one, from the source blockchain, and the second one on the destination chain. In the case of Allbridge, the transaction takes only as much time as is required by a given blockchain to confirm it. If the confirmation speed is fast enough, the transfer can complete in practically no time.

3. Architecture flexibility

Allbridge supports a number of different transfer types. Users may send Native tokens and receive either Native or Wrapped (minted) tokens on the destination blockchain. They may also send Wrapped tokens from the source blockchain and receive Native or Wrapped tokens on the destination chain.

4. Dynamic fees

The dynamic fees system allows Allbridge stakers to decrease the cost that they pay for transferring assets. The bridge fee is paid before the transaction is sent, thus staking on the source blockchain allows reducing the cost of bridging.

5. Security

Allbridge code has been audited by the industry’s security leader Hacken in search of potential vulnerabilities. The inspection found Allbridge’s code to be well-secured, demonstrating that our bridge is reliable and protects users’ funds from bad actors and malicious intentions.