The Sui Foundation has launched the Sui Bridge on mainnet, allowing for secure asset transfers between the Ethereum and Sui networks. This bridge aims to simplify the movement of assets across chains, starting with ether (ETH) and wrapped ether (WETH), ultimately improving interoperability within the Web3 ecosystem. The Sui Bridge operates within the Sui ecosystem, utilizing the network's validators for security. Currently, it supports ETH and WETH transfers, with plans to expand its capabilities and asset range in the future. The Sui Foundation intends to further enhance the bridge's functionality and liquidity as part of its ongoing evolution in the decentralized finance space.
- Content Editor ( news.bitcoin.com )
- 2024-10-01
Sui Bridge Launches on Mainnet, Connecting Ethereum and Sui