Polymer Labs00

what's Polymer Labs?

Polymer Labs is building an L2 interoperability protocol that provides a secure, neutral, and open framework for deploying cross-chain applications on Ethereum and its rollups. By leveraging the Inter-Blockchain Communication (IBC) protocol, originally from Cosmos, Polymer enables real-time communication between rollups, allowing them to coordinate as fast as they produce blocks. This addresses fragmentation in the Ethereum ecosystem by standardizing interoperability without relying on centralized bridges or trusted third parties. The protocol's core innovation includes the Prove API, which generates verifiable proofs of state data across chains, enabling sub-second latency and near-zero costs for crosschain transactions. It supports one-to-many proof-based settlements and integrates with clearing layers like Everclear for efficient liquidity coordination. Polymer Hub, its mainnet component launched in November 2024, facilitates seamless message passing and asset transfers, powering applications in DeFi, RWAs, and on-chain finance. Polymer emphasizes scalability and permissionlessness, with features like zkMint for ZK-friendly consensus and multi-hop IBC upgrades to connect ecosystems beyond Ethereum. Backed by investors including Blockchain Capital and Coinbase Ventures, it aims to unite the "World Computer" through performant infrastructure for the next generation of blockchain apps.

Snapshot

Polymer Labs facilitated a $1.5M+ cross-chain transfer from Arbitrum to Ethereum in 15 seconds.

5H ago
ONCHAIN METRICSOfficial

Facilitated a cross-chain transfer of approximately $1,556,000 from Arbitrum to Ethereum in 15 seconds in collaboration with LiFi Protocol.

3M ago

Announces Lean Intent Framework (LIF) that integrates Prove API with Ethereum's Open Intents Framework and NEAR Protocol, and recruits design partners for implementation.

Polymer_Labs serves as platform-level integration for x402 protocol, enabling frictionless cross-chain payments for micropayment monetization.

4M ago

Live on Monad mainnet, enabling cross-chain transactions between Monad and 50+ chains via Prove API.

5M ago

Reached $1.5 billion total volume across 50+ chains with 0.53 second median latency.

Prove API delivers sub-second, sub-cent verification for cross-chain state validation. The project pivoted from messaging to proofs-based verification and references the X402 Standard for interoperability, positioning as a verifier network for intents.

Co-founder announces strategic evolution from arbitrary cross-chain messaging to focus on becoming the premier payment verification network powering value flow across chains.

Integration with x402, the emerging standard for on-chain micropayments, and the Prove API enables agentic user and developer flows on-chain.

Core contract audits completed by OpenZeppelin and LiFi Protocol, with new integrations added for Uniswap's The Compact and Arbitrum's crosschain broadcaster. Oracle integrations in progress for Chainlink, Axelar, and LayerZero, and RelayProtocol joins as core contributor to the Open Intents Framework.

Polymer powers Everclear's cross-chain rebalancing infrastructure, providing sub-second settlement at near-zero cost for their network of bridges, solvers, and centralized exchanges.

Integration with Tron and Base blockchains announced, with gateway moving millions daily in crosschain transactions.

7M ago

Sub-second cross-chain transactions now live across 40+ integrated chains, marking significant speed improvement from previous 3-second latency.

Technical breakthrough achieves 1-second proof generation times.

New TRON network integration enables one-click access to blockchain hosting 50%+ of USDT circulation.

11M ago

New integration connects Celo L2 ecosystem of 1000+ projects with real-time cross-chain connectivity.

$26.6M funding secured from Blockchain Capital for Ethereum rollup interoperability development.

Cross-chain latency achieves 3-second performance across Arbitrum, Berachain, and Base networks.

New network integration with Plume demonstrates working one-click chain expansion feature. UI will be available to all users soon.

Official

Integrated LI.FI Protocol and JumperExchange for USDC and WETH bridging across 25+ chains, powering 35% of USDC volume on Jumper Exchange.

1Y ago

Prove API deployment demonstrates 13.5x gas reduction with first major integration for stablecoin abstraction.

New integration with Eigenlayer enables cross-chain proof verification and settlement with minimal costs.

Prove API launches on Conduit marketplace, enabling connectivity with 30+ rollups and EVM chains.

Network expands to include 15+ new chains in the past week, significantly scaling cross-chain infrastructure.

New Supertransactions feature and Biconomy partnership enable enhanced cross-chain interactions with improved gas efficiency.

New integration enables Epoch Protocol to use Prove API for cross-chain transaction settlement.

New Prove API enables instant integration across all rollups through single API implementation.