Definitive x Bungee: Seamless Cross-Chain Bridging

Definitive x Bungee: Seamless Cross-Chain Bridging

Bridge across EVM chains from the Definitive UI with a few clicks.

Context

Definitive facilitates trading across 6 EVM chains. Users often deposit on one chain but want to trade assets on a different chain. Today, users have to withdraw funds from Definitive, find a bridge provider, approve assets on the bridge provider, bridge, and finally deposit funds back into Definitive. This process is cumbersome and manual, takes many hours, and is often frustrating.

With Definitive’s integration with Bungee, users can seamlessly bridge assets across EVM chains through the Definitive platform with a few clicks. No withdrawals, no approvals, and no signing multiple transactions!

Simple and Efficient UX

A streamlined bridging process is accessible with just one click and integrated directly within the user interface adjacent to the withdraw/deposit functions. Users simply need to specify the network and quantity of tokens and select a route.

Click the bridge button and begin bridging between our 6 supported chains.

Best Routing

Users need not worry about finding a bridge. Definitive’s UI always presents the optimal routes to users via its sophisticated quoting engine, leveraging Bungee to access liquidity from various bridges. Routing prioritizes:

• Maximizing the output of the asset on the destination chain
• Minimizing GAS fees
• Reducing Bridging Time
• Ensuring Security

While users retain the final decision on bridge selection, our system recommends an optimal route.

Transparency

Bridging can be complicated as funds are often sent to a bridge provider for a period of time. To streamline a user's understanding of bridging, transactions are highlighted in the activity tracker, and the amount of bridge fees and other key data points are clearly shown. Finally, this data can also be used for reporting purposes.

Road to Chain Abstraction

While EVM bridging is Definitive’s first foray into cross-chain experiences, we have much more on the roadmap!

Solana<>EVM
Solana’s transaction volume has been surging in the last year, surpassing most other L1s. Notably, it has emerged as a frontrunner in meme token trading. Definitive will offer comprehensive support for Solana, including ability to bridge from Solana to EVM chains.

Advanced cross-chain orders
Users will have the ability to execute TWAP orders across any asset on any chain. Picture the ability to dollar-cost-average a trending Solana meme with a Base meme from your portfolio. Or set a cross-chain limit order.

Chain Abstraction
Definitive’s end goal is to enable trading any asset on any chain in a fully abstracted manner. The bridging approach will not be feasible as we approach thousands of chains. Our vision extends beyond this, aiming to eliminate the necessity of navigating between each individual chain. Users will no longer need to worry about switching networks, ensuring they have the correct wallet, or managing other multi-chain nuances. Instead, they can focus solely on trading with the best execution or earning yield for all assets seamlessly, as if they were all on a single chain.

About Bungee

Bungee, powered by Socket, is a bridging protocol that powers seamless asset transfers for apps across blockchains. They are backed by the very best and have made over $10 billion in volume transfers and 7 million or more lifetime transfers.

About Definitive

Definitive is the most advanced platform for on-chain trade execution and DeFi yield. We have handled over $100 million in trading volume in just two months while supporting six EVM chains, with many more to come. Users gain an edge when trading on the platform with sophisticated tools such as Limit Orders and TWAP.

At Definitive, we envision a multi-chain future and are committed to building the best cross-chain experience. Bungee was chosen carefully due to its stellar reputation, marking a crucial first step towards our goal.

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