t3rn Has Partnered With Composable Finance

The partnership will research connecting the t3rn Volatile Virtual Machine (VVM) to expand the utility of the Composable Finance cross-chain virtual machine (XCVM), expediting the computation of cross-chain smart contracts across various L1 and L2 networks, pushing the shared values of both projects, namely interoperability and composability. Both of these qualities are foundational pillars of Composable Finance and t3rn and, as such, a partnership between the projects was a natural fit.

About t3rn

t3rn is a smart contract hosting platform that offers an innovative solution to interoperable smart contract execution.

About Composable Finance‍

Composable Finance is building the core infrastructure that will play a key role in empowering DeFi to deliver on its undeniable potential, offering an arsenal of tools that allow for the seamless interaction of L1 blockchains and L2 scaling solutions.

Composable’s XCVM provides an interface that enables developers to interact with different bridges, with a view to building a single access point, known as the Innovation Availability Layer (IAL), that supports cross-chain and cross-layer transactions. With this capability, an action such as borrowing an asset against collateral can be routed through an ecosystem-agnostic path, maximizing for users’ preferred outcomes and parameters. Composable Finance utilises a suite of unique tools to achieve their ambitious goals including the priorly mentioned composable XCVM, a routing layer, their parachain and Mosaic, a cross-layer liquidity solution.


Market Stats:
BTC Dominance: 41.77%(+0.14%/24h)
ETH Dominance: 19.56%(-0.13%/24h)
Defi Market Cap: $138.35B(-27.65%/24h)
Total Market Cap: $2450.46B(-0.67%/24h)
Total Trading Volume 24h: $110.66B(-32.57%/24h)
ETH Market Cap: $479.21B
Defi to ETH Ratio: 28.87%
Defi Dominance: 5.36%
Altcoin Market Cap: $1426.98B
Altcoin Volume 24h: $80.14B
Total Cryptocurrencies: 14873
Active Cryptocurrencies: 7745
Active Market Pairs: 49849
Active Exchanges: 436
Total Exchanges: 1545
Share via
Copy link