Demex Daily #131: Chainlink Debuts Transporter for Safer Cross-Chain Transfers

What’s Interesting Today:

Chainlink has introduced a new cross-chain messaging app called Transporter, designed to enhance the security of cross-chain crypto transfers, which are notably vulnerable and account for nearly half of all DeFi exploit losses. Transporter, built on the Cross-Chain Interoperability Protocol (CCIP), features a user-friendly interface and allows for real-time transaction tracking without additional fees beyond those of the CCIP service provider. It supports multiple blockchain networks, including Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and WEMIX. This development comes in response to a history of significant losses due to bridge hacks in the DeFi sector, with the goal of reducing these vulnerabilities and increasing safety for users.

EigenLayer has announced the mainnet launch of its six new Actively Validated Services (AVS) aimed at enhancing functionalities such as rollups, real-world data integration, and co-processing. These services, secured by EigenLayer restakers and operated by EigenLayer operators, include AltLayer’s MACH for rollups, Brevis’s Coprocessor for trustless computations, Eoracle’s native oracle for data integration, Lagrange’s State Committee for light client functionality, and Witness Chain’s DePIN for coordination. The launch follows EigenLayer's significant Ethereum mainnet debut, which saw $500 million in delegated stakes and major partnerships with platforms like Coinbase, Google Cloud, and Blockdaemon. Since June, EigenLayer has dominated the restaking sector, amassing 4.1 million ETH and accounting for 99% of the market.