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Multichain(MULTI)

Total Value Locked$43.37m

TVL by Chain

BSC$20.43m

Ethereum$16.56m

Polygon$1.79m

Arbitrum$1.44m

OP Mainnet$1.03m

Avalanche$711,343

Fantom$545,688

Kaia$453,666

Cronos$264,706

KCC$98,209

Arbitrum Nova$17,626

OKTChain$10,001

IoTeX$3,978

Bittorrent$2,395

Fuse$1,423

Kava$1,155

EthereumClassic$461.24

Metis$427.80

Gnosis$186.58

Telos$3.53

Celo$0.0062

Aurora$0.0035

Kardia$0

Rootstock$0

Hoo$0

Viction$0

Velas$0

ThunderCore$0

Heco$0

Boba$0

Astar$0

CLV$0

Conflux$0

Polygon zkEVM$0

Moonbeam$0

Moonriver$0

Cube$0

Dogechain$0

Milkomeda C1$0

Milkomeda A1$0

Ronin$0

Evmos$0

smartBCH$0

EthereumPoW$0

Fusion$0

Oasis Emerald$0

REI$0

DFK$0

GodwokenV1$0

Harmony$0

Syscoin$0

OntologyEVM$0

Bitgert$0

Shiden$0

Key Metrics

Market Cap$0

$MULTI Price$0.024

All Time High$33.64

All Time Low$0.022

View $MULTI token page

Fully Diluted Valuation$2.43m

$MULTI Volume 24h$14.06

CEX Volume$0

DEX Volume$0(0% of total)

Total Raised$60m

Dec 21, 2021$60mRound: SeedInvestors: Binance Labs, Circle Ventures, DeFiance Capital, Hashkey Capital, Hypersphere Ventures, IDG Capital, Magic Venture Capital, Primitive Ventures, Sequoia Capital China, Tron, 3AC

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Protocol Information

Cross-Chain Router Protocol (CRP), envisioned to be the ultimate router for Web3.

Category:Bridge

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Hacks

Date: Jul 10, 2021

Amount: $7.9m

Classification: Key Compromise

Technique: Weak Key Generation

Chains: Ethereum, BSC, Fantom

Bridge Hack

Language: Solidity

Target Type: CEX

Date: Jan 18, 2022

Amount: $1.4m

Classification: Input Validation

Technique: Missing Input Validation

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Date: Feb 15, 2023

Amount: $130,000

Classification: Input Validation

Technique: Signature Verification Flaw

Chains: Ethereum

Bridge Hack

Language: Solidity

Target Type: DeFi Protocol

Date: Jul 7, 2023

Amount: $126m

Classification: Key Compromise

Technique: Validator Key Compromised

Chains: Moonriver, BSC, Fantom

Bridge Hack

Target Type: DeFi Protocol

Competitors

Multichain history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 25, 2021 to Oct 20, 2026.

All-time high TVL: $10.457b on Jan 21, 2022. All-time low TVL: $36.26m on Jul 1, 2026.

Daily TVL, Sep 21, 2026 to Oct 20, 2026

DateTVL
Sep 21, 2026$44.84m
Sep 22, 2026$46.38m
Sep 23, 2026$46.54m
Sep 24, 2026$45.07m
Sep 25, 2026$45.96m
Sep 26, 2026$46.29m
Sep 27, 2026$45.99m
Sep 28, 2026$46.39m
Sep 29, 2026$46.75m
Sep 30, 2026$46.45m
Oct 1, 2026$46.61m
Oct 2, 2026$45.66m
Oct 3, 2026$45.43m
Oct 4, 2026$46.12m
Oct 5, 2026$46.56m
Oct 6, 2026$46.05m
Oct 7, 2026$45.63m
Oct 8, 2026$44.72m
Oct 9, 2026$42.77m
Oct 10, 2026$44.02m
Oct 11, 2026$44.31m
Oct 12, 2026$44.44m
Oct 13, 2026$43.28m
Oct 14, 2026$44.03m
Oct 15, 2026$43.16m
Oct 16, 2026$43.26m
Oct 17, 2026$43.03m
Oct 18, 2026$42.77m
Oct 19, 2026$42.7m
Oct 20, 2026$42.88m

TVL at each month end, Mar 2024 to Oct 2026

DateTVL
Mar 31, 2024$253.1m
Apr 30, 2024$184.29m
May 31, 2024$171.62m
Jun 30, 2024$127.94m
Jul 31, 2024$115.25m
Aug 31, 2024$91.53m
Sep 30, 2024$124.48m
Oct 31, 2024$122.1m
Nov 30, 2024$138.04m
Dec 31, 2024$142.85m
Jan 31, 2025$128.35m
Feb 28, 2025$96.69m
Mar 31, 2025$81.46m
Apr 30, 2025$84.03m
May 31, 2025$86.74m
Jun 11, 2025$92.7m
Mar 31, 2026$44.4m
Apr 30, 2026$44.59m
May 31, 2026$45.89m
Jun 30, 2026$36.98m
Jul 21, 2026$37.62m
Aug 31, 2026$42.05m
Sep 30, 2026$46.45m
Oct 20, 2026 (latest)$42.88m

TVL at each year end, Dec 31, 2021 to Jun 11, 2025

DateTVL
Dec 31, 2021$5.129b
Dec 31, 2022$1.341b
Dec 31, 2023$176.91m
Dec 31, 2024$142.85m
Jun 11, 2025$92.7m

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/multichain

Frequently asked questions

What is Multichain's TVL?

As of Oct 20, 2026, Multichain has $43.37m in total value locked. TVL has decreased 2.5% over the past 30 days.

What chains does Multichain operate on?

Multichain operates on 54 chains: BSC, Ethereum, Polygon, Arbitrum, and OP Mainnet and 49 others. BSC holds the largest share at 47.1%.

What is the MULTI token price and valuation?

MULTI is currently trading at $0.024. Its circulating market capitalization is $0, ranking it #17,686. Its fully diluted valuation is $2.43m. Supply currently stands at 0 circulating, 100m total supply.

How has MULTI performed recently?

MULTI is down 25.2% over the past 7 days and down 52.5% over the past 30 days. Its all-time high is $33.64, reached on Jan 14, 2022. The token is currently 99.9% below that level.

How does Multichain's TVL compare to similar protocols?

Among Bridge protocols tracked by DefiLlama, Multichain ranks #31 by TVL. The category holds $62.683b across 158 protocols, and Multichain accounts for 0.1% of that total. Similar protocols include cBridge, LayerZero V2, NerveBridge, Connext, Wan Bridge, RelayChain, Portal, Axelar, Hashport, and Allbridge Classic.

Has Multichain ever been exploited?

Multichain has 4 recorded security incidents. The most recent incident occurred on Jul 7, 2023 and involved $126m. It was classified as Key Compromise.