BNB Chain Launches Official Bridge

BNB Chain launched its official bridge in collaboration with three cross-chain technology providers: Celer, deBridge, and Stargate.

The bridge aims to enhance cross-chain interoperability and liquidity within the BNB Chain ecosystem, attracting more DeFi projects to the network, as stated in a recent announcement from The Block.

“Having supported BNB Chain since day one of deBridge, it’s a tremendous honor to be selected as a canonical bridge provider for the official BNB Chain bridge aggregator,” deBridge co-founder Alex Smirnov said. “We can’t wait to cement BNB Chain as part of a single unified DeFi market through real-time cross-chain transfers, guaranteed rates, and institutional liquidity.”

More specifically, the BNB Chain Bridge integrates with Celer’s state channel-based cross-chain network, deBridge’s interoperability framework, and Stargate’s cross-chain liquidity solution.

“We’re very excited to be part of the canonical BNB Chain bridge. BNB Chain played a huge role in the origins of Stargate, and has consistently been one of the most popular ecosystems on the bridge,” stated Stargate Foundation Lead Angus Lamps.

Connecting to Other Ecosystems

The bridge supports various blockchains and Layer 2 networks, including Ethereum, Arbitrum, Base, Polygon, Avalanche, Blast, and Linea.

BNB Chain Bridge aims to offer users a simpler and more efficient bridging experience with competitive rates compared to centralized exchanges or third-party decentralized solutions.

As part of the launch and a broader initiative to grow its stablecoin ecosystem, BNB Chain is also creating a liquidity pool to streamline transfers from other chains.

In March, BNB Chain introduced a rollup-as-a-service solution to facilitate the expansion of custom Layer 2 networks in its ecosystem.

In June, BNB Chain’s native cryptocurrency, BNB, reached new heights above the $700 mark but has since fallen to around $540 amid recent crypto market corrections, according to The Block’s BNB Price Page.