Kyber Network Integrates WIth Multichain
Kyber Network integrates with Multichain to give more ease and accessibility to KyberSwap users. This integration allows you to bridge your token assets from chain A to chain B in 1 single transaction.
Formerly known as Anyswap, Multichain is the leader in the cross-chain field, with a rapidly expanding family of 69 chains and 2000+ bridges to service the needs of different and diverse blockchains. Each blockchain has its own unique services, its own community, and its own development ecosystem. For Web3 to reach the next level for consumers, users need a fast, secure, inexpensive, and reliable way to exchange value, and data and exercise control between the chains.
“This integration takes us a step closer to a reality of making decentralized finance easy and accessible for all with KyberSwap as the only DEX you need to use. Already, users have the best swap rates through KyberSwap. Now we have eliminated the need for external dApps for bridging and cross-chain swapping.” — Victor Tran, CEO of KyberSwap
Why Bridge Assets to Another Blockchain?
There is a wide wide world of Web3. Built on blockchain technology, a blockchain can host tokens, dApps & data that are immutable and have no central ownership structure.
Some networks have cheaper gas fees (EG: Gas fees on BitTorrent are a fraction of Ethereum’s) and some dApps are native to 1 or a select few networks.
“The future will be multi-chain, and bridges will be necessary to enable chains to be connected. We are happy to support KyberSwap as a Web3.0 infrastructure, giving their users the chance to have cross-chain experiences that are more affordable, swifter, and more secure.” — Multichain Co-founder Zhaojun
KyberSwap is proud to join the Multichain ecosystem and contribute to building a more cohesive, seamless DeFi for the wor
ABOUT Kyber Network
Kyber Network is building a world where any token is usable anywhere. KyberSwap.com, our flagship Decentralized Exchange (DEX) aggregator and liquidity platform, provides the best rates for traders in DeFi and maximizes returns for liquidity providers.
ABOUT Multichain
Multichain is the ultimate Router for web3. It is an infrastructure developed for arbitrary cross-chain interactions
