Router Protocol's TVL Exceeds $300M - Coinleaks
Current Date:September 21, 2024

Router Protocol’s TVL Exceeds $300M

Connecting nine different blockchain networks Router Protocol‘s TVL volume has exceeded $300 million.

Backed by startups like Coinbase, QCP Capital, DeFi Capital, Shima Capital, and more, Router Protocol aims to seamlessly bridge infrastructure between existing networks. The volume of Router Protocol continues to expand as it evolves to create a blockchain-independent Web3 ecosystem.

Router Protocol TVL Strengthens the Company

Since the launch of the alpha mainnet in January this year, Router has integrated major blockchain networks namely Ethereum, Polygon, BNB Chain, Fantom, Harmony, Cronos, Arbitrum, Optimism and Avalanche into its system. Powered by these networks, Router’s TVL has reached $300 million TVL with swaps and transfers between blockchain networks.

Router Protocol CEO Ramani ‘Ram’ RamachandranStating that the current landscape is far beyond expectations, he said:

“The developments and innovations in Router Procotol lay the foundation for empowering developers to create cross-chain products with great user experiences after a few years.”

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