MultiBit
MUBI
A BRC-20 bridge connecting Bitcoin and EVM networks
Performances
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.45% | 1.50% | 2.38% | 31.46% | 26.53% | 38.58% |
Comparison
Fundraising not disclosed
Token not listed
Token not listed
Details
This content is generated by RD AI and is for reference only
MultiBit is a decentralized cross-chain bridge protocol designed to connect the Bitcoin network with Ethereum Virtual Machine (EVM) compatible networks. It supports bidirectional transfers between BRC-20 tokens and ERC-20 tokens. Users deposit BRC-20 tokens into a designated protocol address; after verification, the protocol mints an equivalent amount of ERC-20 tokens on the target chain. The reverse operation burns ERC-20 tokens and releases the corresponding BRC-20 tokens. The protocol employs a multi-signature mechanism and listening nodes to verify transactions, and periodically moves locked assets to cold wallets to enhance security.
Team
Top Holders
Open Markets
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