Jumper Exchange integrates Etherlink for cross-chain entry to Tezos L2

Uncover key highlights within the NFT house. This article dives into: “Jumper Exchange integrates Etherlink for cross-chain access to Tezos L2”.

Key Takeaways

• Jumper Exchange now helps cross-chain entry to Etherlink, enabling transfers between Tezos Layer 2 and over 50 networks.
• Etherlink’s EVM compatibility permits seamless asset motion and interplay with Ethereum-based instruments by Jumper Exchange.

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Jumper Exchange has added help for Etherlink, a layer 2 blockchain on the Tezos community, enabling customers to bridge property to and from Etherlink throughout over 50 blockchains. The first supported chains embody Ethereum Mainnet, Arbitrum, and Base.

The integration goals to make Etherlink, which aggregates liquidity from 22 bridges and 16 DEXs to optimize transaction execution paths, extra accessible, permitting customers to deliver property from main chains with ease.

The transfer comes amid speedy progress within the Etherlink ecosystem, with whole worth locked surging to over $39 million, representing a 434% improve from $7 million prior to now month, in keeping with DefiLlama.

The Dionysus and Calypso upgrades, just lately deployed, have significantly improved the community’s throughput and scalability, in keeping with the staff.

“We’re excited to bring Etherlink into our multi-chain ecosystem,” mentioned Ali Al-Ali, Product Manager at Jumper Exchange. “Etherlink’s combination of EVM compatibility and Tezos security makes it a natural fit for our platform. Our users can now access this high-performance Layer 2 with the same transparent, zero-fee experience they expect from Jumper.”

The integration helps Etherlink’s EVM compatibility, permitting seamless interplay with current Ethereum instruments, wallets, and indexers. Users can entry bridging performance by the Jumper web site by deciding on Etherlink as their vacation spot or supply chain.

“We’re seeing a lot of excitement among users for the growing Etherlink ecosystem, and users have been asking for easier ways to move assets to the network from other chains – Jumper delivers exactly that,” mentioned David Relkin, Head of DeFi at Nomadic Labs. “It’s one thing to build fast, cheap infrastructure; it’s another to make it accessible. This integration solves the accessibility piece.”

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