Rank: 1423
1143 Watchlists
Blockchain Infrastructure
MULTI Price
Multichain (MULTI) has been exploited and the team is currently investigating. Please read this post for more information: https://twitter.com/MultichainOr...
Contracts/Explorers:
Ethereum
Funds and Backers
Wallets
No wallets found yet
Multichain is a cross-chain router protocol (CRP), envisioned to be the ultimate router for Web3
Market Cap
$ 5.26M
FDV
$ 27.19M
ATH Market Cap
$ 445.65M
24 Trade Vol.
$ 282.19K
Vol. (24h) / MCap
0.0536
Max Supply
MULTI 100,000,000
Total Supply
MULTI 100,000,000
Circulating Supply
MULTI 19.36M
(19.4% of Max Supply)
Listing Date
13 Jan 2022
All Time High
$ 35.94
14 Jan 2022
All Time Low
$ 0.234
13 Apr 2024
From ATH
From ATL
Multichain is the ultimate Router for web3. It is an infrastructure developed for arbitrary cross-chain interactions. The solutions developed by Multichain allow almost all blockchains to inter-operate. There is no restriction to Ethereum like chains (e.g. Binance Smart Chain), or different Layer 2 chains requiring finality to Ethereum (e.g. Polygon), or a network of Parachains (e.g. Moonbeam in the PolkaDot system), or Bitcoin types of chain (e.g. Litecoin), or COSMOS chains (e.g. Terra). These are either now all integrated, or on course for integration. With support for all ECDSA and EdDSA encrypted chains, Multichain is almost universally applicable as an interoperable layer.
There are some different services that use the SMPC network:
- It can allow assets transfers between any two or more chains.
- It can work with pre-existing assets on blockchains, by using liquidity pools for those assets.
- It can also work with Bridged assets smart contract, where Multichain is responsible for minting assets on chains. This allows a generalisation of Bridges, so that assets are not restricted to having to return to their source chain before being sent to another chain. This makes for a cost effective solution for users, especially if the asset originated on Ethereum.
- The Router can include both native and Bridged assets. This allows inclusion of assets that might have been generated with a third party bridge (though we would need to understand what bridges were originally used).
MULTI will be the governance token used to allow MULTI token holders to vote and participate in the governance of the Community and Ecosystem.
Multichain's current price is $ 0.272, it has increased +7.42% over the past 24 hours.
Multichain's All Time High (ATH) of $ 35.94 was reached on 14 Jan 2022, and is currently -99.2% down.
The current circulating supply of Multichain is 19.36 Million tokens, and the maximum supply of Multichain is 100.00 Million.
Multichain’s 24 hour trading volume is $ 282.19 Thousands.
Multichain's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 5.26 Million.
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