June Summary: $60M Total Volume and Circle CCTP Integration
Interport Finance has had an exciting month of development, with several new features and integrations that have significantly enhanced the user experience. By integrating Circle’s Cross-Chain Transfer Protocol (CCTP) we are constantly striving to provide our users with a seamless and cost-effective cross-chain trading experience.
Statistics
Interport Finance has emerged as one of the leading platforms in the cross-chain trading space, showcasing achievements and solidifying our position in the industry.
Total Value Locked (TVL)
Our TVL has reached an impressive 5 million, positioning us as the 6th platform in the Cross-Chain category on DefiLlama. Check out our ranking in the table:
https://defillama.com/protocols/Cross%20Chain
Total Transactions
We have recorded a total of 60K transactions, reflecting the high level of activity and trust from our user base.
Total Volume
The trading volume on Interport Finance has reached $60 million, indicating the substantial value exchanged on our platform.
For deeper insights and more analytics about Interport Finance, visit our explorer:
https://explorer.interport.fi/analytics
zkSync Gas Optimization
Interport Finance has successfully reduced gas fees used on the zkSync Era. This optimization significantly improves the cost-effectiveness of cross-chain swaps to zkSync, ensuring that our users can enjoy more affordable trading experiences. Notably, zkSync has gained popularity, with over 30K transactions already processed on the chain.
For details, visit zkSync Era explorer:
https://explorer.zksync.io/address/0xdF3E4dA3EE75F1018d277222967ce3D69F3271D9
Circle CCTP Integration
We have successfully integrated Circle’s Cross-Chain Transfer Protocol (CCTP) for $USDC, enabling effortless cross-chain swaps on the Arbitrum, Ethereum and Avalanche network. This integration unlocks exciting possibilities for users to explore the potential of cross-chain trading.
Learn more about how Interport enhances $USDC as the core cross-chain asset in our latest article: https://interport.medium.com/how-interport-enhances-usdc-to-be-the-core-cross-chain-asset-99571579eb48
With CCTP integration, Interporters can now enjoy the following:
- Seamless cross-chain trades on Ethereum, Arbitrum, and Avalanche.
- Enhanced security and reliability.
- No limitations on transaction size when swapping any amount of tokens.
- No need for a separate $USDC pool.
Learn more about this integration in our documentation:
Partnerships
Interport Finance is proud to announce its strategic agreements, which enable us to provide our users with enhanced cross-chain trading experiences and expanded possibilities. These partnerships bring together leading protocols and platforms in the blockchain ecosystem to deliver innovative solutions and prioritize user satisfaction.
LayerZero
We are thrilled to announce our partnership with LayerZero, a protocol that enables efficient token trading across multiple chains in a single transaction. Unlike traditional bridges, Interport leverages stablecoin liquidity and cross-chain messaging through LayerZero, enabling quick and straightforward cross-chain trading. Through this partnership, we offer a fast, secure, and convenient method to transfer tokens across seven networks: Ethereum, Arbitrum, Avalanche, Polygon, Fantom, zkSync, and Binance Smart Chain. By collaborating with LayerZero, we ensure enhanced cross-chain trading experiences for our users, while our meta DEX aggregation guarantees the best rates.
Kyber Network
Through the integration of KyberSwap’s v2 and our verified API client status, Interporters can enjoy faster and more efficient cross-chain trading. This integration strengthens our commitment to delivering optimal trading experiences, providing enhanced liquidity and accessibility across various chains.
With these strategic partnerships, Interport Finance remains dedicated to prioritizing user satisfaction by delivering innovative solutions and expanding the possibilities of cross-chain trading.
Tokens Listing
We have expanded the range of tokens available for cross-chain trading on Interport Finance. The newly added tokens include:
- $KNC by Kyber Network
- $iZi by iZUMi Finance
- $OHM by Olympus DAO
- $ZKSP by zkSwap
- $OGN, $OGV by Origin Protocol
DappRadar Listing
Interport is now listed on DappRadar, a popular dApp marketplace. Explore and engage with us on this platform:
https://dappradar.com/dapp/interport-finance/
Future Plans
As we continue our mission to simplify and optimize cross-chain trading, we are excited to provide a glimpse of what lies ahead for the Interport community.
In May, we set our sights on the full launch of CCTP by Circle, and we are proud to have achieved this goal in June.
New Chains: Optimism, Polygon zkEVM
To enhance scalability and offer our users more options, we are preparing to integrate Optimism and Polygon zkEVM into our ecosystem. These additions will substantially expand our chain offerings, making trading even more flexible and efficient.
Interport’s Own Cross-Chain Aggregator
Recognizing the paramount importance of convenience and efficiency in DeFi, we are tirelessly developing Interport’s own cross-chain aggregator. This feature will provide users with an even more seamless trading experience, allowing them to connect and trade across all seven chains currently supported by Interport and any future additions, all in one unified platform.
Conclusion
June has been an exciting month for Interport Finance, with many new developments and achievements. Our commitment to providing the best cross-chain trading experience through the integration of Circle CCTP, expansion of token listings, and strategic partnerships with LayerZero and Kyber Network. Stay tuned for future updates as we continue to evolve and provide even more exciting features and opportunities for cross-chain trading with Interport Finance.
