Nomad

Total Value Locked1,645 ETH
Chain Breakdown
Ethereum1,645 ETH
Moonbeam0 ETH
Milkomeda C10 ETH
Evmos0 ETH
$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

Website Twitter

Last tweet: 2 years ago (2023-01-12)

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 (34 months ago)

Amount:$190m

Classification:Protocol Logic

Technique:Trusted Root Exploit

Chain:Ethereum

Returned Funds:$0

Source

Competitors

Connext(48,497 ETH)Multichain(46,010 ETH)Axelar(108,220 ETH)cBridge(29,806 ETH)Knit Finance(210.14 ETH)Portal(1.62m ETH)Octus Bridge(12,825 ETH)Wan Bridge(3,441 ETH)Hashport(2,779 ETH)Meter Passport(673.7 ETH)