Market Analysis
Bridging Market Size
The total value locked (TVL) in cross-chain bridges surpassed $20 billion as of 2023.
Popular bridges like Wormhole, Stargate, and Multichain facilitate millions of transactions monthly, highlighting the demand for cross-chain solutions.
Despite high adoption, bridging fees often range from $5 to $50, creating barriers for smaller traders.
User Adoption
Around 420 million cryptocurrency users globally, with more than 10% interacting with DeFi protocols like swaps, bridges, and liquidity pools.
Bridges account for 14% of DeFi interactions, illustrating the critical role they play in multichain liquidity.
Decentralized Exchanges (DEXs)
There are over 800 DEXs, including major players like Uniswap, PancakeSwap, and Raydium, generating billions in daily trading volume.
Many smaller chains (e.g., Sui, TON, Base) have launched their own DEXs, indicating an expanding landscape for multichain trading.
Active Blockchain Networks
Over 20 active blockchain networks now regularly host new token launches, including meme tokens, governance coins, and NFTs.
Smaller chains like PulseChain and Base are gaining traction, creating new opportunities for early adopters.
Revenue Potential
Cross-chain infrastructure projects generate significant revenue:
Multichain: $15M+ annually from bridging fees.
Stargate: $10M+ in protocol revenue.
Cerebro Bot can tap into this lucrative market by offering a streamlined, user-friendly alternative to existing bridging methods.
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