Chainflip FLIPPrice $ 0.488

Chainflip is a cross-chain decentralised exchange, coordinated through its own application-specific blockchain. It is designed to have amazing pricing, support for both native BTC, EVM & substrate networks, and many other chain types. It also features cross-chain messaging support to maximise composability with current and future solutions to maximise asset coverage for users.

Chainflip is not building yet another bridge. Chainflip takes the best of all current cross-chain solutions and makes further optimisations not presently available to any of them. Chainflip is at the forefront of the new generation of AMM designs, enabling the protocol to leverage existing on and off-chain spot markets to provide a truly game-changing experience to users.

Chainflip is a cross-chain AMM enabling native asset swaps without wrapped tokens or specialized wallets. Chainflip is a decentralized, trustless protocol that enables cross-chain swaps between different blockchains. Chainflip can support any L1 or any future L2 transaction types. It’s like Uniswap, but allows users to swap between major blockchains without any wrapped tokens, special wallets, or specialized software.

Chainflip will become the go-to solution for cross-chain swaps. It’s permissionless, easy to use, and decentralized. We think it’ll actually be far superior to a centralized exchange. If you ever used Shapeshift back in 2017, you already know how good it’ll be.

Chainflip has its own Proof-of-Stake blockchain, called the State Chain. To build the State Chain, we’re using Substrate, which is the framework used to build Polkadot. Chainflip does not intend to become a Parachain.