CHAINFLIP (@Chainflip) | teapawt

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On Saturday, an attacker exploited a bug in how Chainflip reads Tron memos and took 736,442 USDT from our Tron vault. That bug is now patched. Here's what happened and the steps we're taking to bring the protocol back online: chainflip.io/blog/getting-ch…

Getting Chainflip back up and running | Chainflip

Following our initial update regarding the exploit on Saturday, 12th September, we’re bringing Chainflip back online with the various fixes to return services to normal. Below outlines how we aim to...

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Update: Safe mode has been disabled, and quoting is back online. All functionalities are up and running as usual again. Thank you for your patience.

We've temporarily enabled safe mode while we ensure deposit monitoring systems are functioning correctly. All other systems look good, and we should be back pretty quickly.

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We've temporarily enabled safe mode while we ensure deposit monitoring systems are functioning correctly. All other systems look good, and we should be back pretty quickly.

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LTV? Liquidation? Interest rates? Three terms that decide whether a BTC-backed loan works for you: chainflip.io/blog/btc-backed…

Understanding Crypto Loan Terms: LTV, Interest, and Liquidation Explained | Chainflip

New to Bitcoin-backed loans? This guide breaks down LTV ratios, interest calculations, and liquidation thresholds with concrete examples so you understand exactly how crypto loans work.

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CHAINFLIP retweeted

Two important charts for Chainflip: 1) Chainflip protocol revenue is annualizing at $3.5M. 100% of that revenue goes to FLIP holders and stakers. 2) The crosschain association, which supports Chainflip Labs' development efforts, is generating $380k per month in revenue via the swap.chainflip.io front end, over the last 90 days. Together, this looks like a sustainable ecosystem, and puts our community in a position for further growth.

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Cross-chain infrastructure is hardening. By 2027, we predict most users will swap across chains without knowing they ever did. Good infra is invisible.

Someone pays at a Moca Business with any coin they hold The merchant gets paid in the coin they want The swap between them happens in the background. Neither side has to think about it. Good Infra Disappears.

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What if you could stake ethereum:0x826180541412d574cf1336d22c0c0a287822678a at 20% APY. And get rewards paid in BTC. Would you stake?

Yield, everyone loves yield. What if there was an asset that generated 30% returns in non-dilutive yield that paid you staking rewards in native $BTC, directly to your self custody wallet? What if that asset is $FLIP? What if...

We do some Chainflip bag work

Article · @chainflipgod

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97% of yesterday's swaps cleared in under 30 seconds. Swap fast with Chainflip.

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CHAINFLIP retweeted

Replying to @DefiIgnas

Chainflip ethereum:0x826180541412d574cf1336d22c0c0a287822678a Sub $30M FDV, +$3M in annualized revenue. Profitable protocol filling a proven cross-chain spot DEX niche

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The ShapeShift widget is now open to all. Plug it in, style it how you want, and you’re ready to swap.

For the past few months, we’ve been turning the swap stack behind ShapeShift into something other builders can use. Now it’s ready. Use the Widget to ship quickly or integrate the API to own the interface. Both are free to integrate!

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Building on Chainflip? This year our community has shipped a wave of new additions to the Chainflip ecosystem. We appreciate each and every community member taking part. So we built a page to add them all in one place. Want to be featured? chainflip.io/community-proje…

Community Projects | Chainflip

Discover community projects building connected cross-chain experiences with Chainflip.

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CHAINFLIP retweeted

the whole of yesterday, @Chainflip did $32m in swap volume across 2,385 swaps today it's not even midday & we're already at $16.4m... off just 623 swaps so we're already at 50.3% of yesterday's volume with just 26.1% of yesterday's swap count that means the average swap today is roughly $26.4K, compared with $13.7K yesterday, almost 2x the average size with bitcoin:native & ethereum:native leading it, whales are moving big sizes through native swaps we still have plenty of day left 👀

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Yesterday marked the highest swap count on Chainflip since February 6.

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BNB testing is in full swing on Chainflip. BNB Chain is one of the cheapest networks for everyday crypto use. While a swap on Ethereum might cost you $5–$50, BNB typically gets it done for less than $0.01. Soon you'll be able to swap BNB natively on Chainflip. chainflip.io/blog/bnb-chain-…

BNB Smart Chain Fees Explained: Why It's So Cheap to Use | Chainflip

BNB Chain transactions cost around half a cent on average. Here's exactly how BSC gas fees work, why they're so low, and what typical actions actually cost.

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Giga swap.

FLIP InfoBot @ChainflipBot

$3M cross-chain in 33 minutes. 1,230 ETH → 3M USDC (ETH) via @Chainflip. Settled -0.12% vs market. scan.chainflip.io/swaps/1819…

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We've hit $9B in total swap volume. It's been a tough week getting things back online, so this milestone means more to us now than it would have a week ago. Thank you for staying with us through it. Thank you for the trust.

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Update: TRON swapping and quoting are now back online too. All Chainflip functionality has been fully restored and is now working normally again. Thanks again for your patience.

Swaps and quoting are now back online with the exception of TRON. Thank you for your patience and support.

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Chainflip node operators have passed a proposal to make LPs affected by the 12 September Tron USDT exploit whole. Details here: chainflip.io/blog/proposal-0…

Proposal 008 Passed: Making Tron USDT LPs Whole | Chainflip

Chainflip node operators passed Proposal 008, using vault surplus funds to make whole LPs affected by the 12 September Tron USDT exploit: approved 91-128 (71%).

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