Where does value flow in crypto?

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IBC

IBC is an interoperability protocol that allows communication and movement of assets between independent blockchains.

bridge TVL

$138,699,760

Trustlessness by LI.FI

Score

Very High

Type

Natively Verified

Security Assumptions

• IBC's security depends on the two blockchains it connects and its light clients' security properties.

• Users only need to trust the validator sets of IBC blockchains being connected (though if an asset is moved to a third, untrusted blockchain, security can be compromised)

Bug bounties by immunefi.com

This bridge has no bug bounty

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