deBridge Introduces deBridge Hooks for Instant Cross-Chain Data Transfers

Cross-chain interoperability protocol deBridge has introduced deBridge Hooks, enabling real-time trustless data transfers between blockchains.

According to a statement shared with The Block, deBridge Hooks are designed to allow developers and protocols to integrate advanced cross-chain functionalities into their applications. Solflare Wallet and Solana-based decentralized exchange Zeta Markets are among the new feature’s launch partners.

Although the interoperability protocol already enabled instant value transfer across blockchains, its cross-chain messaging protocol for data exchange involved a delay of up to 15 minutes. The project claimed that by incorporating deBridge Hooks, assets and custom data can now be transferred across chains near-instantly.

For example, an application running on one blockchain, like a lending protocol on Solana, could receive deposits from users holding funds on another network, such as Ethereum, in a single transaction. The team said this eliminates the current multi-step transaction process and provides for more user-friendly application interfaces.

Key use cases include cross-chain asset distribution, blockchain abstraction for user acquisition, smoother user onboarding and automated action triggers for protocols and dapps, the team added.

deBridge’s Upcoming DBR Governance Token

deBridge unveiled plans for its DBR token in May, designed to decentralize governance power to the community as control is passed over to a DAO. Once deBridge’s delegated staking and slashing module is activated, DBR tokens can be staked to support its validators.

DBR is expected to launch via Jupiter’s LFG launchpad on Oct. 17. deBridge’s token distribution is set to allocate 20% of the total 10 billion supply to its community, with a 1.8 billion DBR circulating supply at launch. Of the remaining supply, 26% is allocated to ecosystem support, 20% to core contributors, 17% to strategic partners, 15% to the deBridge Foundation, and 2% to validators.

The introduction of DBR follows the rollout of deBridge’s points program — retroactively distributing rewards to existing users based on past activity.