Nomad

Total Value Locked$2.77m
Chain Breakdown
Ethereum$2.77m
Moonbeam$0
Milkomeda C1$0
Evmos$0
$22m
USDETH

Protocol Information

Nomad is an interoperability protocol for generalized message passing. We leverage an optimistic mechanism. There are no validators, and there is no blockchain. We're deployed as smart contracts between two chains, and has a lightweight off-chain component. This allows us to have less overhead and be more cost-efficient than other interoperability protocols.

Category:Bridge

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Development Activity

(updated at 17/03/24)

Weekly commits: 1
Monthly commits: 1
Weekly developers: 1
Monthly developers: 1

Last commit: a year ago (2024-03-17)

Methodology

TVL: counts the total amount of assets locked in the Nomad token bridge.

TVL

Hacks

Date:8/1/2022 (33 months ago)

Amount:$190m

Classification:Protocol Logic

Technique:Trusted Root Exploit

Chain:Ethereum

Returned Funds:$0

Source

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