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Module 4 - Introduction to Router Nitro & its Statistics

Introduction to Router Protocol

Router Protocol is a solution introduced to address the issues hindering the Usability of cross-chain Liquidity Migration in the DeFi Ecosystem. It acts as a Bridge connecting various Layer 1 and Layer 2 Blockchains, allowing for the flow of Contract-Level Data across them. The Router Protocol can either transfer Tokens between Chains or initiate Operations on one chain and execute them on another.

Router Nitro is a cross-chain Swapping Engine or Protocol designed to enable cross-chain Asset Transfers. It serves as a Mechanism for Seamlessly moving Digital Assets or Tokens between different Blockchain Networks.

Router Nitro employs a Trustless method for managing cross-chain Asset Transfers. In this system, a forwarder entity delivers the requested asset to the user on the Destination Chain. After Confirming the forwarder’s Successful settlement on the Destination Chain, they can access the user’s Deposited funds on the Source Chain.

Statistics of Router Nitro

  • At the time of writing, 419,977+ Transactions have been made on the Mainnet of Router Nitro, with a Traffic of more than 215,009 Unique Users.

  • As of 12 April 2024, $248.02M Volume of Transactions have been made with over 350+ Assets being bridged.

  • To learn more about the Current Statistics, click here.

Chains Supported

Currently Router Nitro is Supporting 18+ Chains and Collaborating with many. At the time of writing the Supported Chains are- Arbitrum, Avalanche, Base, BNB, Ethereum, Linea, Manta, Mantle, Optimism, Polygon, Polygon zkEVM, Scroll, TRON, zkSync, Blast, Boba, Mode, Aurora, etc.