what's bungee protocol?
Bungee Protocol is a chain abstraction layer and liquidity marketplace designed to facilitate seamless token swaps across multiple blockchain networks. Built on Socket Protocol, it aggregates liquidity from various sources to provide users with the best rates for cross-chain transactions, abstracting away the complexities of bridging and swapping into a single, user-friendly interface. The protocol enables users to exchange any token on any supported chain without needing to manually bridge assets or manage gas fees across networks. It supports a wide range of blockchains, including Ethereum, Polygon, Optimism, Base, and others, by routing trades through optimized paths that minimize slippage and costs. Features like gasless execution and auto-swaps make it accessible for both retail users and developers integrating into wallets or dApps. Bungee emphasizes modularity and efficiency, with recent upgrades like Bungee v2 introducing deeper liquidity pools and faster execution times. It powers integrations in wallets such as Ambire and focuses on solving fragmentation in DeFi by creating a unified swapping experience.
Raised $5M from Framework and Coinbase Ventures; TGE scheduled for 2026.
Links
x.com/bungeeexchangeRaised $5M in funding from Framework and Coinbase Ventures with TGE scheduled for 2026.
Powers deposits into Polymarket from any chain with any token through integration with the Polymarket platform.
Achieved $24 billion in cumulative volume.
Platform implements permit2 integration for enhanced security, combining one-time approval security with infinite approval UX while maintaining zero gas fees for orders and 200ms order placement across chains.
Platform integrates Circle's CCTP (Cross-Chain Transfer Protocol) and supports single swaps up to $10M USDC.
Platform adds support for Solana and Base blockchains.
Platform powers MetaMask's user experience through integration.
Platform adds support for PayPal's PYUSD stablecoin with gas-free swaps across 25+ chains.
Platform integrates with TRON blockchain, providing access to $80 billion in USDT and stablecoin liquidity.
Vitalik Buterin uses the exchange to swap tokens according to user report.
Platform adds support for Relay, Across, and Mayan bridges alongside CCTP and all Monad DEXs.
Platform launches as Day 1 application on Monad blockchain with live USDC and CCTP support.
Monad blockchain integration is coming soon to the platform.
A $MON volume war competition begins tomorrow on the platform with $2,000 prize, pitting Believers against Dumpers.
Platform ranks in top-3 bets for Uniswap Cup.
Platform deploys UI improvements prioritizing fast/cheap swap options, implements background quote loading and faster token/balance loading, with pending relayer upgrades to accelerate transactions 3-5x.
Platform adds support for UNI (Uniswap) token swaps from 25+ chains with no gas fees.
Platform records $82-85M USD in 24-hour cross-chain volume, ranking just after USDT0 and Hyperliquid in daily volume.
Platform adds support for ZEC (Zcash) swaps from 25+ chains.
Outflows from Gnosis Chain are temporarily paused on the platform at the request of the Gnosis Chain team.
First wave of Bungee Cards goes live, introducing "Booballs" limited-edition collectibles earned through swapping on the platform.
Wave 1 of Bungee cards drops soon as part of the ongoing Balloween promotional event.
Platform launches Bungee Balloween promotional event tomorrow featuring incentives for swaps.
Bungee Exchange commits to supporting Monad blockchain from day-1 of its launch.
Platform adds support for x402 ecosystem tokens including $BNKR, $FLOCK, and $PAYAI with cross-chain swap functionality.
Project participates at Money2020 conference in the US, engaging with institutions around stablecoin infrastructure.
Multiple users report UI displaying inaccurate pricing that leads to unexpected losses, with at least one user losing $30 and not receiving a refund.
Platform adds support for Limitless' $LMTS token launch, enabling gasless swaps across 25+ chains.
Platform reaches all-time high with 300% growth recorded over 1.5 months.
Platform adds support for ChainOpera AI's $COAI token with 25+ chain compatibility and gasless swap features.
New Multi-Wallet Connect feature goes live, enabling users to connect multiple wallets simultaneously and choose which wallet to use for transactions.
Monad blockchain integration on the platform reaches 98% completion and is nearly ready for launch.
$SPACEX token launches on the platform today in partnership with PreStocksFi.
Team announces participation in Uniswap Cup and attendance at EFDevcon (Ethereum Developer Conference) in Buenos Aires for community engagement and ecosystem presence.
The Stablecoin Abstraction Engine is introduced as a solution to address challenges with moving stablecoins across different blockchain networks.
USDC and CCTP V2 launch on Ink blockchain goes live, activating the Day 1 partnership for cross-chain stablecoin movement and DeFi trading capabilities previously announced on September 25.
New partnership with PlasmaFDN announced with launch scheduled for tomorrow.
Platform maintains #1 ranking on DeFiLlama, indicating strong competitive positioning in DeFi metrics.
Implements Zerion API integration to eliminate delays in token display when users connect wallets to the platform.
Whale trading volume demonstrates good momentum with upward trajectory.
Massive whale activity reported with 999 large traders swapping on the platform over the past month.
ZKC token integration launches on the platform, enabling gasless swaps across 25+ chains.
User behavior shifts from bridging to any-to-any token swapping across chains, with new marketplace built to support this usage pattern.
Platform confirms security against current NPM supply-chain attack with no system compromise.
Achieves #2 position in global cross-chain volume rankings according to DefiLlama, second only to Hyperliquid.
Integration with Bungee Exchange and expanded chain support leads to new ATH of $180k in monthly bridged volume.
New integration with CoWSwap DEX expands cross-chain bridging capabilities.
Integrates with CoWSwap and deploys on Plume, Hyperliquid, and Katana networks, expanding cross-chain functionality.
Native USDC and CCTP V2 launch enables gasless swaps on Sei Network with Circle integration.
Weekly trading volume grows from 60M to 300M USDC on new product launch.
Open liquidity marketplace expands to Solana and integrates multiple new platforms including Hyperliquid, Plume, and Katana, while adding RelayProtocol, OpenOcean, and Mayan as new solvers.
Technical integration issue prevents Safe wallet recognition in latest UI update.
Launches on World Chain and implements LayerZero OFT support for enhanced cross-chain functionality.
Platform enables cross-chain trading of synthetic stocks including Tesla, Nvidia, and S&P500 tokens from any supported token.
Users report funds stuck for 13+ hours due to operational issues with cross-chain transfers.
CCTP V2 integration launches on Polygon PoS, enabling instant USDC transfers across multiple chains with 1:1 burn-and-mint mechanism.
Integrates with Circle's Cross-Chain Transfer Protocol V2 (CCTP V2) on Unichain, enabling instant USDC transfers across major blockchains with 1:1 burn-and-mint mechanism.
New 15 SOL reward program launches for cross-chain swaps to Solana tokens, running June 17-July 1.
Cross-chain platform launches on Solana, enabling token swaps between 30+ chains with 2M+ users gaining access.
New integration with Reown's AppKit and WalletConnect enables universal wallet compatibility for cross-chain swaps, partnering with Fly for enhanced functionality.
Protocol processes $1M USDC transaction in 9 seconds, demonstrating significant liquidity and technical capability.
Single transaction of $0.6M executed through auto-routing system, indicating whale adoption.
Integrates with Bungee V2, enabling SEDA token access across Base and Ethereum networks
Launches Filler Vaults feature allowing users to provide capital to fillers through verifiable strategies, solving intent market liquidity challenges.
V2 launches with platform-wide gasless transactions and instant cross-chain functionality.
New OLM design launches with aUSDC staking mechanism for solvers to route cross-network transactions without capital requirements.
Protocol achieves $1B+ monthly volume and secures integrations with 7+ projects including Enclave, Rath Finance, and Aevo.
Limited-time gas-free swaps promotion launched for $BEETS and $stS with 7500 fragment rewards available.
Auto solver network shows increased user preference due to lowest swap costs
Gas estimation functionality experiencing technical issues requiring developer attention.
Active bridge users eligible for Arb/OP token rewards through Across Protocol; check rewards tab for eligibility.
New zero-fee trading campaign launches with 3000 MNT rewards pool, ending May 1st. Top traders earn up to 500 MNT each.
Trading incentive program offers 3,000 $MNT rewards for swapping designated tokens on Mantle network through May 1.
$12.8M funded protocol launches zero-fee bridging campaign with 3,000 MNT rewards running April 24-May 1st.
Protocol secures $14M in funding while maintaining tokenless structure, demonstrating significant institutional backing without token-based speculation.
Gas-free token swaps now live on Mantle Network via Bungee Exchange integration, featuring rewards for users.
New reward campaign launches with Mantle, offering MNT tokens to participants.
Chain abstraction technology deploys on max_apy, enabling cross-chain yield optimization.
Protocol registers $8M trading volume with 12K+ transactions on Mantle network; completes rewards distribution to 170 users.
New gasless wrapped Tesla stock trading launches with 20K OP token rewards program.
New yield farming opportunity combines Tesla exposure with GNO rewards through incentivized wbTSLA-sDAI liquidity pool.
Major rewards program concludes with $12M volume; distribution pending.
Chain abstraction infrastructure demonstrates real adoption with $10.5M+ volume and 1,000+ new users across integrated protocols.
Whale deposits $400k into Silo Finance via Sonic Labs as part of scUSD campaign.
New cross-chain yield farming opportunity offers 60% APR for scUSD swaps with 7-day settlement period.
Intent-based liquidity marketplace volume doubles weekly since beta launch.
$4.7M trading volume reported with ongoing mETH Protocol campaign offering 80% fee rebates and $30K MNT rewards.
Active scUSD campaign offers 0.25% additional rewards for cross-chain transfers through the platform.
Matcha integrates API for cross-chain swaps between EVM chains and Solana, expanding ecosystem reach.
Launched Solana support for cross-chain swaps, connecting 400+ apps. Powered by Wormhole and Mayan Finance. Enables token swaps between Solana and any EVM chain.