STATE OF BRIDGING

Summary from the TLDR Crypto newsletter

The crypto ecosystem faces complexity as the number of assets and chains increases. Bridges play an increasingly vital role in reducing this complexity by helping users with asset transfers and swaps. Distinguishing features of bridges include distribution, product offerings, and security profiles. Coinciding with the rapid proliferation of new chains and the increasing demand for better user experiences, bridges have become a crucial service provider in the crypto landscape. However, they also are one of the main attack vectors in the space.