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Bridging Tokens Across Chains

Will Thompson
    Bridging tokens across chains

    In the same way we exchange currencies when traveling to foreign countries in order to spend money, crypto users need the ability to transfer assets from one blockchain to another in order to participate in that ecosystem. To do this, we use bridges.

    Crypto bridges are important because they enable users to access a wider range of cryptocurrencies and take advantage of the unique applications and features offered by different networks.

    Bridges also play an important role because they circumvent the need to send funds through centralized exchanges, either to swap a token for another chains native token, or to use the exchange to purchase the second token using Fiat.

    Phantom users have the ability to swap tokens in their Phantom wallet between the Solana, Ethereum, and Polygon ecosystems using a number of different bridging options.

    From a user perspective, the interface is similar to that of a DEX (Decentralized Exchange) like UniSwap, but the difference is that the tokens are moving across two different networks and will require more than a normal swap to confirm.

    To bridge assets across chains:

    • Connect your Phantom wallet to any of the bridges below
    • Choose the network, address, and tokens you want to transfer
    • Select the network, address, and tokens you want to receive
    • Bridge your assets from one chain to the next

    Important note: Phantom currently supports Solana, Ethereum, and Polygon. Do not attempt to transfer tokens between other networks otherwise you risk losing your funds.

    Solana-EVM Bridges Worth Exploring

    Portal Token Bridge

    Portal is a token bridging application built on top of the Wormhole protocol. When you bridge tokens through Portal, the origin token gets locked in a smart contract, and a new Portal wrapped token gets minted on the target chain. You can swap those wrapped tokens for other native tokens on the target chain. Phantom users can use Portal Token Bridge to transfer tokens between Ethereum, Polygon, and Solana.

    Here’s a quick demo showing how to move DUST from Solana to Ethereum:

    How to use Phantom with Portal Token Bridge

    Mayan Finance

    Built on top of the Wormhole protocol, Mayan Bridge offers single-click cross-chain swaps that feel like native swaps between Ethereum, Polygon, and Solana. Because it is auction-based, Mayan Finance actively seeks the best rates for Swapping on Solana. Due to its trustless, non-custodial smart contracts, no one can pause or freeze your assets at any time.

    Allbridge Classic

    Allbridge Classic is a bridge between EVM and non-EVM compatible blockchains, supporting native and wrapped token transfers. Phantom users can use Allbridge Classic to bridge tokens between Ethereum, Polygon, and Solana