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Company rate

3

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Total Value Locked (USD)

7 716 709

24h Volume

14 526

Brief description of the bridge

Wrap is a decentralized bridge between ethereum and tezos. Transfer your ERC-20 and ERC-721 tokens from Ethereum to the Tezos blockchain in a decentralized way.

Supported networks

Supported currencies

Bender Wrap Overview

Through Wrap, users issue wTokens (wrapped tokens) which are representations of ERC20 and ERC721 tokens on the Tezos blockchain. wTokens can then be used on the Tezos blockchain, and their value is pegged to the original tokens. Wrap is a decentralized protocol, relying on a strong federation (the Signers Quorum) that guarantees the stability of the protocol, and a community of $WRAP governance token holders.

Audits and Exploits

This bridge was audited by Least authority so you can find these documents here. Any exploits or bounty-program wasn't found.

Bridge Token

This bridge has his own token called WRAP (Wrap Governance Token). 

Limits

Limits wasn't found. If you find it, please, contact us to contact@debridges.com (include the name of the bridge in the subject line of your e-mail)

What is Tezos?

Tezos is an open-source platform that addresses key barriers facing blockchain adoption for assets and applications backed by a global community of validators, researchers, and builders. By design, Tezos embraces long-term upgradability, open participation, collaboration, and smart contract safety.

https://tezos.com/

What is Ethereum?

Ethereum is both a blockchain network, an application platform, and a full-fledged programming language. The goal of the project is to create and publish distributed applications that do not require third party trust.

https://ethereum.org/en/