Bridging Tokens Across Chains • Phantom (2024)

In the same way we exchange currencies when traveling to foreign countries in order to spend money, crypto users need the ability to transfer assets from one blockchain to another in order to participate in that ecosystem. To do this, we use bridges.

Crypto bridges are important because they enable users to access a wider range of cryptocurrencies and take advantage of the unique applications and features offered by different networks.

Bridges also play an important role because they circumvent the need to send funds through centralized exchanges, either to swap a token for another chains native token, or to use the exchange to purchase the second token using Fiat.

Phantom users have the ability to swap tokens in their Phantom wallet between the Solana, Ethereum, and Polygon ecosystems using a number of different bridging options.

From a user perspective, the interface is similar to that of a DEX (Decentralized Exchange) like UniSwap, but the difference is that the tokens are moving across two different networks and will require more than a normal swap to confirm.

To bridge assets across chains:

  • Connect your Phantom wallet to any of the bridges below
  • Choose the network, address, and tokens you want to transfer
  • Select the network, address, and tokens you want to receive
  • Bridge your assets from one chain to the next

Important note: Phantom currently supports Solana, Ethereum, and Polygon. Do not attempt to transfer tokens between other networks otherwise you risk losing your funds.

Solana-EVM Bridges Worth Exploring

Portal Token Bridge

Portal is a token bridging application built on top of the Wormhole protocol. When you bridge tokens through Portal, the origin token gets locked in a smart contract, and a new Portal wrapped token gets minted on the target chain. You can swap those wrapped tokens for other native tokens on the target chain. Phantom users can use Portal Token Bridge to transfer tokens between Ethereum, Polygon, and Solana.

Here’s a quick demo showing how to move DUST from Solana to Ethereum:

Mayan Finance

Built on top of the Wormhole protocol, Mayan Bridge offers single-click cross-chain swaps that feel like native swaps between Ethereum, Polygon, and Solana. Because it is auction-based, Mayan Finance actively seeks the best rates for Swapping on Solana. Due to its trustless, non-custodial smart contracts, no one can pause or freeze your assets at any time.

Allbridge Classic

Allbridge Classic is a bridge between EVM and non-EVM compatible blockchains, supporting native and wrapped token transfers. Phantom users can use Allbridge Classic to bridge tokens between Ethereum, Polygon, and Solana

Bridging Tokens Across Chains • Phantom (2024)
Top Articles
It’s time to invest in large-cap stocks and mutual funds
Small-cap stocks: 7 opportunities to watch in 2024
Fort Morgan Hometown Takeover Map
Edina Omni Portal
Best Team In 2K23 Myteam
Jailbase Orlando
Wisconsin Women's Volleyball Team Leaked Pictures
Kansas Craigslist Free Stuff
Is Sportsurge Safe and Legal in 2024? Any Alternatives?
Aiken County government, school officials promote penny tax in North Augusta
Truist Drive Through Hours
Ncaaf Reference
Ktbs Payroll Login
Raleigh Craigs List
Lima Funeral Home Bristol Ri Obituaries
National Office Liquidators Llc
No Hard Feelings Showtimes Near Cinemark At Harlingen
Aldi Süd Prospekt ᐅ Aktuelle Angebote online blättern
Walmart stores in 6 states no longer provide single-use bags at checkout: Which states are next?
St Maries Idaho Craigslist
Directions To Advance Auto
Stardew Expanded Wiki
What Time Does Walmart Auto Center Open
Yugen Manga Jinx Cap 19
Drift Hunters - Play Unblocked Game Online
Dr Seuss Star Bellied Sneetches Pdf
Is Light Raid Hard
Biografie - Geertjan Lassche
Pokemon Inflamed Red Cheats
Ncal Kaiser Online Pay
Google Flights To Orlando
Noaa Marine Forecast Florida By Zone
Lininii
Wheeling Matinee Results
Everstart Jump Starter Manual Pdf
The Pretty Kitty Tanglewood
What Time Is First Light Tomorrow Morning
Buhsd Studentvue
The best Verizon phones for 2024
Dollar Tree's 1,000 store closure tells the perils of poor acquisitions
Anya Banerjee Feet
Busch Gardens Wait Times
Miami Vice turns 40: A look back at the iconic series
Dr Mayy Deadrick Paradise Valley
Poe Self Chill
2294141287
Wisconsin Volleyball titt*es
60 Days From August 16
A Snowy Day In Oakland Showtimes Near Maya Pittsburg Cinemas
Uno Grade Scale
Ravenna Greataxe
Dinargurus
Latest Posts
Article information

Author: Eusebia Nader

Last Updated:

Views: 6230

Rating: 5 / 5 (80 voted)

Reviews: 95% of readers found this page helpful

Author information

Name: Eusebia Nader

Birthday: 1994-11-11

Address: Apt. 721 977 Ebert Meadows, Jereville, GA 73618-6603

Phone: +2316203969400

Job: International Farming Consultant

Hobby: Reading, Photography, Shooting, Singing, Magic, Kayaking, Mushroom hunting

Introduction: My name is Eusebia Nader, I am a encouraging, brainy, lively, nice, famous, healthy, clever person who loves writing and wants to share my knowledge and understanding with you.