Matchain partners with Router to empower cross-chain bridging and swaps for the network
Matchain Overview - September 11, 2024
Welcome to the Matchain Overview. A one-stop-shop for the Matchain community to get up to speed on the network’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
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Matchain by the numbers
Network’s daily transactions: 88.22K (+2.11%)
Network’s total transactions: 4.78M (+36.57%)
Total number of wallets: 8.5K (+226.92%)
Total DIDs created: 956.4K (+0.01%)
The metrics are accurate at the time of publication but may reflect lower values due to the chain’s ongoing migration process. The percentage change is over a 14-day period.
Exploring the chain
🔥What we’re watching: Following its mainnet launch, Matchain shared its collaborating with Router Protocol, making it the network’s primary bridge.
🔥Why it matters: Router’s integration is a step toward more cross-chain interoperability on the Matchain network.
The tool gives users the opportunity to transfer USDT, USDC, or wrapped ether (wETH) between Matchain and other Ethereum Virtual Machine (EVM)-compatible chains such as Arbitrum, Blast, and Avalanche. This can provide accessibility of assets across various blockchains, which in turn make it easier for users to move assets without being bound to one single network.
The collaboration also is integrating a swap tool that allows for cross-chain swaps of tokens between Matchain and other chains. This can also enhance liquidity, interoperability and encourage broader participation in Matchain’s ecosystem through its dApps and AI technology.
With Matchain now live on mainnet, users can also bridge from the existing BNB network to Matchain to participate on the blockchain in less than five minutes, according to a company blog post. This adds to the network's goal of providing easily accessible tools for onboarding new users will be crucial to its growth. As interoperability has emerged as a key feature for networks, Matchain's partnership with Router is essential for expansion of its bridge infrastructure and user base growth.
If the integration of Router can streamline the onboarding process for new and existing users, it can be a critical growth driver during the early stages of Matchain’s mainnet launch.
🔥TLDR: In general, Router aims to help simplify blockchain interactions and provide users the ability to engage with dApps on Matchain without being bound to a singular network.
The combination of cross-chain transfers and asset swaps can attract a wide range of users onto Matchain, making it an active player in the interoperability discussion.
Highlighting the Matchain Ecosystem
Digibuy announced it integrated additional token swap dApps onto its shop and earn platform
The “LOL” project launched its AI-driven memecoin to the Matchain network
IAMDOG partnered with Matchain to launch its Token Generation Event (TGE) and tap-to-earn minigame
RIOx and Matchain released a progress report for its upcoming survival-based web3 game
Matchain shared a step-by-step guide on how to get involved in the ecosystem following its mainnet launch
Moon Whales launched its token creation platform on the Matchain network
Check out the Matchain blog for more updates.
From the Matchain community
ICYMI: Hear what the Matchain team had to share in its quarterly webinar hosted by Token Relations
Matchain CEO Petrix Barbosa spoke with the IAMDOG team about their recently formed partnership
X user EvanLuthra created a thread about Matchain and its mainnet launch
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This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.
Good project