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What is Hop Protocol (HOP)?

The Hop Protocol offers a scalable rollup-to-rollup General Token Bridge through a dual strategy: First, it creates a cross-network bridge token that can be transferred quickly and cost-effectively between rollups or claimed on layer-1 for its underlying asset. Second, it employs Automated Market Makers to swap between each bridge token and its corresponding Canonical Token on each rollup, enabling dynamic liquidity pricing and encouraging liquidity rebalancing across the network. This combined approach allows users to efficiently and securely exchange Canonical Tokens across different layer-2 solutions, using the bridge token as an intermediary asset.

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Trending coins

Tether

$1

0%

Lido Staked ETH

$2 442.52

6.53%

Dogecoin

$0.1742

8.12%

Ethereum

$2 446.05

6.59%

Ripple

$2.1197

4%

Wrapped Bitcoin

$102 222.4

2.55%

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$8.823

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$34.16

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Wrapped eETH

$2 644.86

4.51%

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Most visited cryptocurrencies

BitcoinBTC

$102 400.51

2.47%

TetherUSDT

$1

0%

RippleXRP

$2.1197

4%

DogecoinDOGE

$0.1742

8.12%

EthereumETH

$2 446.05

6.59%

USDCUSDC

$0.9996

0.02%

Lido Staked ETHstETH

$2 442.52

6.53%

SolanaSOL

$146.32

4.93%

BNBBNB

$638.3

4.2%

TRONTRX

$0.2762

1.29%

Global prices

HOP / DKKDanish Krone

0.045177

HOP / GBPBritish Pound Sterling

0.005108

HOP / HKDHong Kong Dollar

0.054382

HOP / INRIndian Rupee

0.594828

HOP / JPYJapanese Yen

0.995391

HOP / MXNMexican Peso

0.132692

HOP / AUDAustralian Dollar

0.011035

HOP / TRYTurkish Lira

0.263837