The TVL volume of Router Protocol, which connects nine different blockchain networks, has exceeded $ 300 million.
Backed by startups like Coinbase, QCP Capital, DeFi Capital, Shima Capital, and more, Router Protocol aims to seamlessly bridge infrastructure between existing networks. The volume of Router Protocol continues to expand as it evolves to create a blockchain-independent Web3 ecosystem.
Router Protocol TVL Strengthens the Company
Since the launch of the alpha mainnet in January this year, Router has integrated major blockchain networks namely Ethereum, Polygon, BNB Chain, Fantom, Harmony, Cronos, Arbitrum, Optimism and Avalanche into its system. Powered by these networks, Router’s TVL has reached $300 million TVL with swaps and transfers between blockchain networks.
Ramani ‘Ram’ Ramachandran, CEO of Router Protocol, said the current landscape is way ahead of expectations.
“The developments and innovations in Router Procotol lay the foundation for empowering developers to create cross-chain products with great user experiences after a few years.”
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