Phantom's deBridge Integration Passes 1 Million Cross-Chain Swaps

Phantom's deBridge integration has handled more than 1 million cross-chain swaps and over $500 million in trading volume, marking a usage milestone for one provider in the wallet's swap service.

The swap count covers transactions through deBridge; it is not a wallet-wide total. Phantom also supports LI.FI, Relay and Garden as bridge providers for cross-chain swaps.

Phantom's quote engine compares available providers and chooses the lowest-priced option by default. Users can select a provider in the wallet's swap settings. The deBridge milestone therefore measures activity through one of several routes available in Phantom.

A cross-chain swap exchanges a token on one blockchain for a token on another through a bridge. The swap total counts transactions, while trading volume measures the value exchanged. Neither figure establishes how many individual users made those swaps or the net amount of capital moved between networks.