Bridge Sector Report
1 min read
Demand for Bridges shows the increasing flow of value and information throughout DeFi.
Highlights from this report include:
Bridges are fundamental to the growth of the crypto industry. Facilitating a way to transfer value and data that unlocks growth and innovation.
The growth of TVL across bridges on different chains, layers and the type of asset strongly points towards historical and current Ethereum dominance.
There are plenty of risks to overcome, namely smart contract and technology risk.