Ask about PowPeg Fast Mode

Logo of PowPeg Fast ModePowPeg Fast Mode

Total Value Locked$249.49

TVL by Chain

Rootstock$249.49

Key Metrics

Bridge Volume 30 completed days$0

Bridge Volume 7 completed days$0

Bridge Volume last completed day$0

Bridge Volume since data start$23.33m

Protocol Information

The RBTC Flyover, “Fast Mode” in the PowPeg app, provides a quick and trust-minimized solution for bridging Bitcoin into Rootstock with minimal friction. It enhances usability for Bitcoin users engaging with the Rootstock ecosystem through Powpeg and Flyover. The primary objective of this feature is to speed up the process of bridging from Bitcoin to Rootstock by drastically reducing the wait times typically associated with the native PowPeg.

WebsiteX/Twitter
Category:Bridge

Methodology

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

Competitors

LayerZero V2 ($11.809b)Multichain ($46.18m)BabelFish ($1.27m)WBTC ($9.941b)Coinbase Bridge ($8.427b)Hyperliquid Bridge ($7.129b)Binance Bitcoin ($5.819b)USDT0 ($3.374b)JustCryptos ($2.821b)CCIP ($1.91b)

Frequently Asked Questions

What is PowPeg Fast Mode's TVL?

PowPeg Fast Mode currently has $249.49 in total value locked. TVL has increased 5.7% over the past 30 days.

What chains does PowPeg Fast Mode operate on?

PowPeg Fast Mode operates on Rootstock. Rootstock holds the largest share at 100%.

How does PowPeg Fast Mode's TVL compare to similar protocols?

Among Bridge protocols tracked by DefiLlama, PowPeg Fast Mode ranks #118 by TVL. The category holds $61.102b across 155 protocols, and PowPeg Fast Mode accounts for <0.1% of that total. Other leading protocols include LayerZero V2, Multichain, BabelFish, WBTC, Coinbase Bridge, Hyperliquid Bridge, Binance Bitcoin, USDT0, JustCryptos, and CCIP.