Cosmos-based Layer1 blockchain Injective announced that Side Protocol, an infrastructure for mesh liquidity, has integrated with Injective to introduce a novel cross-chain atomic asset exchange to the ecosystem. The integration will use IBC Protocol as the communication layer to facilitate cross-chain messages, enabling users to exchange assets between the two blockchains directly, eliminating the need for lock-and-mint bridge mechanisms.
The integration is currently live on the Injective testnet, enabling a seamless mesh liquidity network.
- Stay updated with the most important cryptocurrency news and valuable insights, conveniently delivered to your email every day. Subscribe to the TokenInsight mailing list now!
- Prefer social media? Follow us on Twitter, or subscribe to our Telegram channel!
- If you have news reports or announcements that you want to reach a wider audience, feel free to email us at news@tokeninsight.com
DeFi
Layer 1
Cross-Chain
Get the most concise crypto news, research, and insights by subscribing to our free newsletter.