Please avoid using Multichain. The Multichain team doesn't control the keys and your money will get stuck/lost.

Ask about Multichain
Logo of MultichainMultichain(MULTI)
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.

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: Protocol Logic

Technique: Private Key Compromised (Bad ECDSA Implementation)

Chains: Ethereum, BSC, Fantom

Bridge Hack

Language: Solidity

Target Type: CEX

Date: Jul 7, 2023

Amount: $126m

Classification: Infrastructure

Technique: Private Key Compromised (Unknown Method)

Chains: Moonriver, BSC, Fantom

Bridge Hack

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Multichain?

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

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 #30 by TVL. The category holds $44.845b across 149 protocols, and Multichain accounts for 0.1% of that total. Other leading protocols include WBTC, LayerZero, and Coinbase Bridge.

Has Multichain ever been exploited?

Multichain has 2 recorded security incidents. The most recent incident occurred on Jul 7, 2023 and involved $126m. It was classified as Infrastructure.