ioTube Project Introduction, Team, Financing and News

Performances

RD Popularity Index

230.00% (24h)

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Project Rank: 4493/15432

RD Growth Index

405.01% (24h)

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Project Rank: 6906/15432

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Related News

Feb 26, 2026

IoTeX proposes a 100% user compensation plan for the ioTube hacking incident: immediate compensation for users with amounts of $10,000 or less

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Details

ioTube is a decentralized cross-chain bridge protocol that enables bidirectional token transfers between the IoTeX network and blockchains such as Ethereum, BSC, Polygon, and Solana. It operates through smart contracts deployed on both source and destination chains: users deposit assets into the TokenCashier contract, Witness nodes monitor and cryptographically sign the events, and a Relayer aggregates signatures before the TransferValidator mints equivalent proxy tokens on the destination chain, achieving 1:1 cross-chain conversion. ioTube allows any dApp to submit its token for integration, automatically granting the token multi-chain liquidity. The protocol employs a Proof-of-Authority witness mechanism requiring over two-thirds witness signatures for transfers, along with token whitelisting and transfer limits to ensure security.

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Founded:

2021

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