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Topic: [ANN] Socket - Powering Truly Multi-Chain Apps (Read 282 times)

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February 15, 2023, 05:47:31 PM
#8



The remarkable growth has been made possible by our 70+ partner ecosystem
Top wallets, incl. MetaMask, Coinbase Wallet Rainbowdotme Zapper_fi &  Zerion_io
 leverage Socket
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Welcome Superform, the first universal interface for yield, powered by Socket!
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Socket ecosystem

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Synthetix Bridge Powered by Socket


The Synthetix Bridge under the hood is powered by Socket’s Liquidity Layer that brings an aggregated layer of various asset bridges and DEX aggregators under one roof!
The next wave of web3 users will taste DeFi on optimistic rollups & the first step to kick-start it is to onboard users from all chains.

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Zapper uses Socket to allow its users to unlock the whole spectrum of web3 & seamlessly move their assets across chains!
Socket’s Liquidity Layer makes this possible by aggregating bridges and DEX aggregators, ensuring users can move and participate in a secure & efficient manner.
The supercharged Zapper Bridge thus becomes the portal into web3 rabbit holes!

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Zerion benefits from the plug-and-play infrastructure provided by Socket called the Liquidity Layer (LL). Socket LL unifies the liquidity spread across various chains. It is an aggregated layer of bridges that helps Zerion users to access multiple asset bridges right within the app.
With Socket’s routing algorithm, users can find the best route to transfer their funds from one chain to another in a simple and secure manner.


https://medium.com/socketdottech/making-multichain-accessible-with-socket-64144f7c485d
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Reserved
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Activity: 532
Merit: 103


Socket is a complete interoperability stack which allows asset & data transfer across chains, enabling developers to build truly cross-chain apps





Socket is an interoperability protocol for secure & efficient data and asset transfers across chains. Socket is not a bridge, or a cross chain app - it is an infrastructure that allows developers to build these things easily. Developers can use Socket to build apps with interoperability as a core part of app infrastructure.
Every approach to interoperability optimizes for different objectives & trade offs (trust, latency, generalizability etc.). No one approach is best for every type of use case. Our goal is to empower developers to optimize for their use case & objectives



SocketLL Overview
Socket’s liquidity layer enables seamless cross-chain asset transfers. It unifies liquidity across chains by aggregating all asset bridges & DEXs.
The result is ultra-efficient cross chain swaps powered by an advanced routing mechanism that dynamically selects the best bridge/route & optimizes for developer preferences like cost, latency or security.
Learn more about how you can use Liquidity Layer in your application, or how Liquidity Layer works. You can try out Liquidity Layer in action on Bungee.



Socket DL overview
SocketDL enables cross-chain generalised message passing
Data movement is the next step in enabling true composability across chains. It allows apps to extend beyond the boundaries chains & build protocols in a chain agnostic way.
SocketDL enables smart contracts to read state & perform arbitrary communication with other contracts across different chains. For example, a protocol on Polygon can read Aave’s APY on Arbitrum; or a protocol on Fantom can deposit funds into Aave on Optimism via Socket.
SocketDL is coming soon to a chain near you and will open doors to a broad variety of interesting & truly multi chain use cases for the ecosystem!



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