Router Protocol, an infrastructure layer enabling communication between blockchains, today announced that it has added Ethereum and Fantom to its platform.
The community can now transfer funds, trade assets and, with the upcoming launch of the Router Software Development Kit (SDK), create cross-chain dApps on Fantom, Ethereum and previously integrated networks including Polygon, Binance Smart Chain and Avalanche. C chain.
These integrations also give users access to a proprietary Pathfinder algorithm that aggregates DEXs to find the best rates for cross-chain swaps, low-cost 1:1 asset transfers, and fast finality with settlements on L2 taking less than a minute.
Following the launch of its mainnet alpha in January and the successful integration of the Avalanche C-chain earlier this month, Router Protocol is now moving forward with its plan to add support for more networks to its existing cross-chain infrastructure.
“The integration of Fantom and Ethereum has added a substantial user base to our ecosystem – we are now helping more people transact seamlessly across chains than ever before. We look forward to building on this momentum and strengthening the DeFi community by reaching out to all major Layer 1 and Layer 2 chains, across EVM and non-EVM platforms.
– Ramani Ramachandran, co-founder and CEO of Router Protocol
Recently, Router Protocol introduced a cross-chain explorer which eliminates the need to monitor different block explorers to track cross-chain transactions.
Note that Router Protocol has several developments in the works that will be released in the near future:
1. More L1 and L2 chain integrations:
- Introducing EVM-enabled channels including Arbitrum, Optimism, Harmony, Aurora, Moonbeam, and Cronos.
- Integration of non-EMV compatible channels such as Terra and Solana.
2. A router protocol cross-chain SDK to facilitate a more convenient cross-chain development environment
3. An incentive liquidity mining campaign to reward Router liquidity providers.