Metis Integrates Chainlink CCIP for Cross-Chain Transfers, $197M Processed Between Ethereum and Metis

Aug 8, 2024, 04:00 PM

Metis has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) as its canonical cross-chain infrastructure. This integration, which went live on August 8, enhances Metis' ecosystem by enabling secure cross-chain messaging and transfers, particularly between Ethereum and Metis, and facilitating $LINK transfers. The integration leverages Transporter_io and is expected to accelerate growth within the multi-chain economy by eliminating cross-chain fragmentation. Chainlink's CCIP has already processed over $197 million in transfers for traditional finance institutions and Web3 networks this year. The collaboration between Metis and Chainlink is set to unlock a range of cross-chain use cases, boosting liquidity and transforming decentralized finance (DeFi) and decentralized autonomous organizations (DAOs).