What is Bridge?
A service that moves assets between chains, and one of the most exploited pieces of infrastructure.
Bridges lock assets on one chain and issue a claim on another. That claim depends entirely on the bridge's code and its validators.
Because bridges concentrate value outside the security of either chain, they have been the target of the largest hacks in crypto. Minimise exposure and prefer longer-established paths.
Related terms
- Wrapped assetBasics
A token that represents an asset from another chain, held by a custodian or a bridge contract.
The chance that a contract's code or admin keys take your funds, regardless of price.
- PegBasics
The target price a stablecoin or wrapped asset is meant to hold, usually $1.