Currencies33181
Market Cap$ 3.11T-1.56%
24h Spot Volume$ 29.58B-25.6%
DominanceBTC61.38%+0.18%ETH7.06%-0.22%
ETH Gas0.41 Gwei
Cryptorank
Open report modalReport issue
Relay

Relay  

44 Watchlists

Blockchain Infrastructure

Status

General Info

Description

Relay is a cross-chain payments system.

What is Relay?

Relay is a cross-chain payment system designed for fast and low-cost transactions by using a relayer model. It enables instant bridging and cross-chain execution by allowing relayers to perform transactions on behalf of users for a fee. This system avoids traditional consensus delays by having relayers use their funds to execute orders, reducing both the cost and time of transactions. The protocol supports any chain through a simple integration with a single relayer, and it's currently developing a trustless protocol to further enhance security and reliability.

Trending Coins and Tokens Flame icon