Router Monthly Rewind–September Edition

Welcome to the September Edition of Router Monthly Rewind! The last month has been a month of continuous advancements, we’ve rolled out critical updates, enhanced integrations, and bridged new ecosystems that are set to redefine the flow of liquidity across chains.

Our focus on cross-chain user experience led to the deployment of new adapters and the seamless bridging of ecosystems, bringing us closer to a fully chain-abstracted future. Besides, we’ve also shared significant updates to $ROUTE, including staking opportunities and expanded exchange listings.

Let’s jump in and take a closer look at what made this month a big step forward for Router.

Key Highlights

• Router Chain secured canonical status with Matchain.
• Router Chain expanded into the Cosmos ecosystem by integrating with Osmosis
• Router Chain seamlessly bridged the Cosmos ecosystem with Tron opening up new pathways for liquidity between these ecosystems for the first time

Router Chain Updates

Integrations:

• Solana Integration: Completed end-to-end testing and deployed on testnet.
• Vanar Chain: Sanity testing of the integration completed. More details soon.
• OpenWorldSwap: OpenWorldSwap will leverage Router Chain’s stateful bridging and chain abstraction to build an omnichain DEX.
• Everclear: This integration will streamline our clearing processes and enhance capital efficiency, allowing our forwarders to rebalance liquidity more cost-effectively.
• Symbiotic: Router Chain will leverage Symbiotic’s permissionless restaking to enable Cosmos-based chains to leverage Ethereum’s security,
• Osmosis: Router Chain is now integrated with Osmosis, the leading Cosmos DEX + DeFi Hub, extending Osmosis’s connectivity to over 25 EVM and non-EVM chains
• Matchain: Router chain became the official bridge for Matchain facilitating seamless cross-chain asset transfers for $USDT, $USDC, and $WETH between Matchain and over 25 EVM and non-EVM chains.
• Matchain Gas TopUp: Gas TopUp enables users to get gas tokens of Matchain, BNB when moving their assets to Matchain.
• Casper: Router chain is in the process of integrating Casper, a permissionless, decentralized, public blockchain.
• Support cosmos chains with no contract capabilities: We implemented wasm hook and IBC rate limiter to support cosmos chains that don’t support contracts. This development will help us to integrate such chains and make their token omnichain, making the tokens accessible on EVM chains as well.

Statistics

• Staking is on with the StakeDrop Campaign, 441M+ $ROUTE have been staked till now.

Router Nitro Updates

Integrations:

• Sanity Testing: Completed for Vanar & Matchhain, with Gas TopUp added for Matchain.
• Starknet: Nitro’s integration to support Argent X is completed, in future, this will be used once Starknet is integrated into our mesh of chains.
• Casper Wallet: Integration completed.
• Vanar Chain: Integrated on beta-mainnet.
• Rubic Exchange: Router Nitro went live on Rubic Exchange — a leading cross-chain bridge and DEX aggregator.
• Gas TopUp on Tron: Users can get the gas tokens of Tron, TRX when moving their assets to Tron. This will help them get started seamlessly in the Tron ecosystem.

Statistics

Like every month, Nitro was in full swing for August as well!

• We processed over 88,472 transactions, amounting to an impressive $26.08M million in volume. Our top destination chains were Arbitrum, Base, and Scroll.
• Until now, 399,655 unique users have leveraged Router Nitro for their cross-chain bridging needs, experiencing seamless and efficient transfers.
• Join the growing community and try it now: https://app.routernitro.com/swap

Last month’s Nitro transactions and volume

Nitrothon

We conducted a Nitro Hackathon (Nitrothon) and the winners were:

• 1st Place: ShardZ, empowers creators to effortlessly stream, mint, and monetize their videos, turning content into valuable digital assets. Router Nitro enables viewers to purchase fractional assets, regardless of the blockchain.
  Explore ShardZ.
• 2nd Place: CritiQ is the go-to review platform that instantly pays users in crypto. Review and earn directly to your Metamask — the future of feedback. Router Nitro powers cross-chain payments for reviews.
  Explore CritiQ.

Cross-chain Intent Framework (CCIF) Updates

Adapter Integrations and Updates

• Thruster: This Adapter enables seamless deposition of liquidity from any chain, any token. Try now. As users provide liquidity, they’ll earn Thruster Credits + Blast Gold. Track here.
• StakeStone + X Layer PoC and API Reference: We have completed Xlayer integration for Stakestone and provided APIs.
• New Fee Module: Development completed and tested.
• Nile Backend Integration: Completed. This Adapter enables users to provide liquidity on Nile, AMM designed to serve as Linea’s central liquidity hub.
• Parifi Backend: Completed. This Adapter enables users to provide liquidity on Parifi, a scalable perpetual protocol on Arbitrum.
• Lynex Fusion PoC: Completed. Lynex Adapter is for providing liquidity from any chain or token on Lynex, a DEX operating on Linea.
• Aerodrome Staking Backend Integration: Completed. Enables users to provide liquidity from any chain with any token to the Base Chain in a single click.
• Nuri Adapter: Completed. This Adapter is for providing liquidity from any chain or token on Nuri, an AMM designed to serve as Scroll’s central liquidity hub.
• PancakeSwap PoC: Completed. PancakeSwap Adapter is for providing liquidity from any chain or token on PancakeSwap, a DEX operating on BNB Chain.

Statistics:

• On StakeStone adapter around 45,000+ transactions have processed $16.4M in volume

Ecosystem Projects Update

• StakeEase Highlights: Testnet is going strong. They are planning to launch mainnet (Ethereum Mainnet and Taiko) in October!
• FolioX Highlights: FolioX launched a cross-chain naming service, built on top of Router chain–-Tagzz! Make sure you register your Tagzz name.

$ROUTE Updates

• $ROUTE v2 Staking is now live and available on @AscendEX_ exchange! Participate here.
• You can also use Router Nitro to swap any token from any chain to $ROUTE v2 on available chains.
• $ROUTE v2 got listed on Bitget Exchange! Users can deposit, withdraw, and start trading the new $ROUTE. Both Router Chain and ERC20 deposits/withdrawals are supported. Get started here.
• Gate Exchange will suspend deposits, withdrawals, and trading services for ROUTE, including ROUTE_USDT spot trading and quant grid trading, starting Aug 21, 2024, at 03:00 AM UTC. Know more.
• $ROUTE v2 / $ETH Farm is live on Uniswap v3 on the Ethereum chain! Add liquidity, Stake your Uni v3 position NFT, and Earn rewards from 26th Aug to 18th Sept. Add Liquidity here.
• $ROUTE v2 is now listed and trading on KuCoin supporting Router Chain Mainnet. Get started.
• $ROUTE v2 is now listed and trading on MEXC exchange. Get started.

More exchange announcements to follow this month

Ongoing Campaigns

• Lumoz Quidditch Campaign is ongoing on Galxe, participate here. Users need to perform a cross-chain swap on Router Nitro, and complete a few social tasks to receive a share of the 50,000 Lumoz Points
• $ROUTE v2 / $ETH Farm is live on Uniswap v3 on the Ethereum chain! Add liquidity, Stake your Uni v3 position NFT, and Earn rewards from 26th Aug to 18th Sept. Add Liquidity here
• Provide liquidity on Thruster in a single click and earn Thruster Credits + Blast Gold. Track here.

LET’S BUILD AND EXPERIENCE CHAIN-ABSTRACTED INTERACTIONS!

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