⌘K

Nomad

Total Value Locked$1,622,951

Chain Breakdown
Ethereum	$1.62m
Moonbeam	$0
Milkomeda C1	$0
Evmos	$0

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Information

Protocol Information

Nomad is an interoperability protocol for generalized message passing. We leverage an optimistic mechanism. There are no validators, and there is no blockchain. We're deployed as smart contracts between two chains, and has a lightweight off-chain component. This allows us to have less overhead and be more cost-efficient than other interoperability protocols.

Category: Bridge

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Token Information

Methodology

counts the total amount of assets locked in the Nomad token bridge.

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Competitors

Portal ($2.89b)Free Protocol ($1.17b)SolvBTC ($1.07b)Merlins Seal ($1.04b)Connext ($256.93m)WBTC ($9.56b)JustCryptos ($6.18b)Binance Bitcoin ($4.3b)Hyperliquid Bridge ($592.21m)Core Bitcoin Bridge ($346.15m)

Raises

Total raised: 22m
4/12/2022 : Seed - Raised $22m at $225m valuation