Hop Protocol facilitates cross-chain token transfers between common layer 2 solutions.
What is Hop?
The Hop Protocol is an innovative and intuitive token-bridging application launched in 2021 by Christopher Whinfrey. Hop Protocol allows users to easily send popular cryptocurrencies like ETH, MATIC, and USDT between the Ethereum Mainnet and L2 networks. The protocol currently supports the Arbitrum, Optimism, Gnosis, Polygon, and Ethereum networks. Like many DEXs, Hop Protocol also offers rewards through liquidity provision and supports multiple blockchains.