Please avoid using Multichain. The Multichain team doesn't control the keys and your money will get stuck/lost.
Total Value Locked$37.62m
TVL by Chain
BSC$16.65m
Ethereum$15.29m
Polygon$1.71m
Arbitrum$1.3m
OP Mainnet$980,876.55
Avalanche$597,207.69
Kaia$351,860.72
Fantom$302,395.79
Cronos$257,764.09
KCC$122,208.03
Arbitrum Nova$13,744.8
Harmony$12,011.89
OKTChain$9,982.19
Dogechain$8,186.46
Moonbeam$5,804.51
IoTeX$3,969.41
Bittorrent$2,395.07
Kava$1,152.58
Fuse$482.66
DFK$459.45
Metis$426.91
Moonriver$226.05
Gnosis$167.03
Telos$2.82
Celo$0.0062
Aurora$0.0035
Kardia$0
Heco$0
CLV$0
Polygon zkEVM$0
Cube$0
Milkomeda C1$0
Milkomeda A1$0
Evmos$0
Fusion$0
GodwokenV1$0
Rootstock$0
Hoo$0
Viction$0
ThunderCore$0
Boba$0
Astar$0
Conflux$0
Ronin$0
smartBCH$0
EthereumPoW$0
Oasis Emerald$0
REI$0
Syscoin$0
Velas$0
OntologyEVM$0
EthereumClassic$0
Bitgert$0
Shiden$0
Key Metrics
$MULTI Liquidity$253,501
SushiSwap$253,501
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
Protocol Information
Cross-Chain Router Protocol (CRP), envisioned to be the ultimate router for Web3.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubHacks
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
Frequently Asked Questions
What is Multichain's TVL?
Multichain currently has $37.62m in total value locked. TVL has decreased 1.9% over the past 30 days.
What chains does Multichain operate on?
Multichain operates on 54 chains: Kardia, Heco, CLV, Polygon zkEVM, and Cube and 49 others. BSC holds the largest share at 44.3%.
How does Multichain's TVL compare to similar protocols?
Among Bridge protocols tracked by DefiLlama, Multichain ranks #34 by TVL. The category holds $51.243b across 155 protocols, and Multichain accounts for 0.1% of that total. Other leading protocols include cBridge, NerveBridge, LayerZero V2, 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.