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Hop Exchange is a multichain bridge connecting Ethereum with Layer- networks. It allows users to send tokens quickly from one rollup to another without waiting for the networks challenge period. The protocol works by involving market makers (known as Bonder), who pay a small fee to facilitate liquidity at the destination chain.
Hop Exchange has two core pieces to its protocol architecture that make it possible for users to send tokens almost instantly across networks instead of having to wait multiple days. It is a protocol for sending tokens across rollups and their shared layer- network in a quick and trustless manner.
Hop Exchange has two core pieces to its protocol architecture that make it possible for users to send tokens almost instantly across networks instead of having to wait multiple days. It is a protocol for sending tokens across rollups and their shared layer- network in a quick and trustless manner.
Overview
Location
United Kingdom
Founded date
2018
Investors 3
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Bodhi Ventures | bodhi.ventures | |
| Infinite | infinite.xyz |
Mentions in press and media 3
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Mar 23, 2022 | What Is Avalanche? A Look at the Popular ‘Ethereum-Killer’ Blockchain | Decentralized finance (DeFi), which is a term for crypto-based financial services and products like lending and borrowing, is a major use case for Ethereum, the largest smart contract-focused blockchain. But the problem with Ethereum, accor... |
| Разбираемся, что такое сеть Arbitrum и зачем она нужна | На сегодняшний день самой популярной сетью для запуска децентрализованных приложений(DApps) является Ethereum. 0 Обсудить 18 просмотров Обратной стороной успеха, вызванного всплеском интереса к DeFi приложениям, стал беспрецедентный рост ко... |
Reviews 0
FAQ about HopProtocol
When was HopProtocol founded?
HopProtocol was founded in 2018.
Who has invested in HopProtocol?
Parsers VC lists 3 investors of HopProtocol, among them Bodhi Ventures and Infinite.
What has the press written about HopProtocol?
Parsers VC has collected 3 articles mentioning HopProtocol, among them “What Is Avalanche? A Look at the Popular ‘Ethereum-Killer’ Blockchain” (Mar 23, 2022) and “Разбираемся, что такое сеть Arbitrum и зачем она нужна”.
Is HopProtocol still active?
Yes, HopProtocol is active; its latest activity on Parsers VC dates from Feb 9, 2023.