Chain Fusion
Chain Fusion allows the Internet Computer Protocol (ICP) to interconnect with multiple blockchains in a decentralized manner, eliminating the need for a single trusted intermediary such as a bridge. The ability of ICP smart contracts to utilise threshold signature schemes to sign and submit transactions directly to other chains enables Chain-key tokens. Each Chain-key token on ICP is backed 1:1 by the native asset and is redeemable at any time. The native wallets are managed by a smart contracts on ICP, there are no intermediaries or centralized bridges. Chain-key tokens begin with ck (e.g. ckBTC, ckETH, etc.). They transact quickly (1 second finality) and transaction fees are negligible.
Key facts
- Category
- Decentralized BTC
- Chains
- 2
- Token
- —
- Oracles
- —
- Audits
- 2
- Listed
- Dec 2023
Similar Decentralized BTC protocols
How this TVL is counted
Counts ETH and ERC20 tokens held at 0xb25eA1D493B49a1DeD42aC5B1208cC618f9A9B80 on Ethereum. The Bitcoin bucket uses the current ckBTC ledger supply as a proxy for BTC backing, excluding burned ckBTC and deposits not yet minted; it does not independently sum Bitcoin UTXOs.
Frequently asked questions
What is Chain Fusion’s TVL?
Chain Fusion has $23.91M in total value locked, -3.15% over the last 7 days. TVL is the value of the crypto locked in its smart contracts.
Which chains is Chain Fusion on?
Chain Fusion runs on 2 chains; the most value sits on Bitcoin ($18.89M).
What kind of protocol is Chain Fusion?
Chain Fusion is listed under Decentralized BTC, where it ranks #2 by TVL.
Data aggregated from public third-party market sources. For informational purposes only — not investment advice.