ChainSwap Uses Chainlink CCIP To Power Cross-Chain Swaps

Twitter icon  •  Published 2 months ago  •  Hassan Maishera

Chainlink announced via X on Wednesday that ChainSwap has integrated Chainlink CCIP across Ethereum, Arbitrum, Polygon, Avalanche, Optimism, and Base mainnets.

Chainlink announced via X on Wednesday that ChainSwap has integrated Chainlink CCIP across Ethereum, Arbitrum, Polygon, Avalanche, Optimism, and Base mainnets. By utilizing Chainlink CCIP’s token transfer mechanism, ChainSwap enables secure, seamless swaps between tokens on the enabled blockchains, showcasing what is possible when you build a robust platform on Chainlink CCIP.

Chainlink CCIP was selected for its unparalleled security, achieving level-5 cross-chain security and being backed by the Risk Management Network, an independent network of nodes that acts as a secondary validation service for detecting and halting anomalous activity. This integration ensures that users can enjoy secure, seamless cross-chain swaps, addressing the historical risks associated with cross-chain infrastructure.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 2% over the past 24 hours and is trading at $13.805 at press time.

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.