StripChain
Intent-based cross-chain interoperability protocol enabling chain abstraction
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About StripChain
StripChain is an intent-driven interoperability protocol for omnichain applications, composed of a unified execution layer called StripVM and a cross-consensus communication protocol. Rather than replicating state across chains through general message passing, it lets developers declare an outcome as a StripIntent, which a network of StripSolvers competes to execute on the target chain, with StripIO authorising and validating requests and StripAccount handling unified accounts and signing. The chain itself is an EVM Layer 3 built on the Arbitrum stack, also serving as the data availability layer for posted intents, and it exposes native-asset swaps through StripDEX.
The design replaces bridging with intent settlement: users state a goal, while routing, gas abstraction and cross-chain function composition are handled by solvers, and competitive quoting narrows MEV exposure. Per the architecture documentation, StripVM queues and processes intents in parallel and includes a fallback delivery path that retries through a secondary solver when one is unresponsive. The protocol has connected more than 10 chains, including Ethereum, Solana and Sui, on a private testnet, and is discussed within the interoperability and chain-abstraction infrastructure segment.
StripChain completed its first community token sale (ITTC) from August 7 to 15, 2026, selling 5,526,316 STRIP at $0.0608 for about $336,000. The sale used a bonding curve moving from an $18.5 million to a $62 million FDV cap, with tokens 100% unlocked on day one and subscriptions between $250 and $10,000. Together with a $10 million round led by Sora Ventures in May 2024, total funding reached roughly $10.3 million.
StripChain's STRIP has a 300 million supply, with 22.59% sold in this round, 10% allocated to existing backers and 17.41% to team and advisors on a one-year cliff and four-year linear vesting. The sale is tied to ITTC-affiliated exchanges, with daily withdrawals capped at the lower of 5% of the balance or 1,000 STRIP.
The StripChain team plans to complete the TGE in H2 2026, then extend the StripVM intent execution layer and StripDex liquidity layer across chains, using Striplink validator rewards and staking to secure cross-chain messaging.
Isa Sertkaya — Co-founder; one of StripChain's lead initiators; closed a $10 million round led by Sora Ventures in 2024.
Narayana Pryusty — Co-founder; involved in designing StripVM and the cross-chain intent protocol.
0xnovachrono — Pseudonymous co-founder and researcher; focuses on chain abstraction and intent architecture.