BNB

Celer cBridge Surpasses $12B in Cross-Chain Volume

by BSC News

December 22, 2022

More than $12 billion in transactions have crossed the Celer Network's cBridge protocol, including more than $540 million in the past month alone.

$12B Moved Across cBridge

Celer Network celebrated a milestone achievement, exceeding $12 billion in total cross-chain transactions across its cBridge protocol.

😎cBridge exceeds $12B in total cross-chain tx volume. Big 💖 to our partners and users for accelerating adoption of our shared #blockchain world. Let's bridge with no vendor lock-in!
🌉https://t.co/35fICZsz3A most # of chains, lowest fee, fully non-custodial, no vendor lock-in! pic.twitter.com/TM1oDEdjMq
— CelerNetwork (@CelerNetwork) December 21, 2022

The $12 billion mark comes less than a month after cBridge hit $11.5 billion in total volume.

Its one-month volume of $543 million puts cBridge as the number 3 bridge overall, behind only Arbitrum Bridge ($734 million) and Multichain ($817 million), according to DefiLlama. Celer’s cBridge is the top-ranked bridge for BNB Chain, with $263 million in transaction volume in the past month.

What is Celer Network:

Celer Network is the leading inter-blockchain and cross-layer communication platform in the industry. The protocol offers fast, secure, and cheap bridging between multiple chains. The Celer ecosystem comprises three unique products: inter-chain Message Framework, cBridge, and Layer2.Finance.