Rubic Weekly Report 01/16/2025
First Weekly Report of 2025. Let’s take a look at what we’ve accomplished so far this year!
Summary:
🛠Sonic Mainnet Integration
🌀Soneium Testnet Integration
🔄 SimpleSwap Integration
🟩 Introducing the "All Chains" Feature
Development
1. Sonic Mainnet Integration
Sonic, the high-speed Layer 1 EVM blockchain powered by Fantom, is integrated into Rubic! Sonic has already facilitated 14M+ swaps & boasts nearly 750K accounts.
Experience seamless ...
Monad: A Deep Dive into the High-Performance, Parallelized Blockchain
TL;DR
Monad is a high-performance, EVM-compatible Layer 1 blockchain designed to address scalability and transaction bottlenecks.
By leveraging parallel processing and optimistic parallelization, Monad achieves a throughput of 10,000 transactions per second, significantly outperforming traditional blockchains like Ethereum.
Its unique Monad Virtual Machine (MVM) ensures seamless Ethereum dApp migration while optimizing transaction speed.
Monad also uses a modified HotStuff consensus, ...
Berachain: An In-Depth Guide to the EVM-Compatible Proof-of-Liquidity Blockchain
TL;DR
Berachain is an EVM-compatible blockchain that introduces a unique Proof-of-Liquidity (PoL) consensus mechanism, prioritizing liquidity and capital efficiency.
Unlike traditional systems, PoL allows users to stake assets while keeping them liquid and productive for decentralized finance (DeFi).
Its ecosystem features native tokens like BERA and WBERA, which facilitate staking and cross-chain transactions, along with the stablecoin HONEY.
Berachain's testnet ...
What Is deBridge Finance? A Deep Dive by Rubic
TL;DR
deBridge Finance is a decentralized protocol that facilitates cross-chain liquidity and asset transfers between multiple blockchain networks, enhancing interoperability within the decentralized finance (DeFi) ecosystem
deBridge addresses liquidity fragmentation with its innovative solutions, enabling seamless multi-chain dApp development and expanding DeFi use cases.
The protocol ensures security and decentralization through a validator network and rigorous audits.
With future growth ...
Is USDC Safe? Understanding the Risks and Benefits of USD Coin (2024)
TL;DR
USDC (USD Coin) is a leading stablecoin designed to maintain a 1:1 peg with the US Dollar, backed by reserves like cash and short-term securities.
Known for its transparency, it undergoes regular audits, setting it apart from less transparent competitors like Tether (USDT).
While USDC is considered one of the safest stablecoins due to its strong backing and ...
What Are Atomic Swaps and How Do They Work?
TL;DR
Atomic swaps are a trustless, decentralized method for trading cryptocurrencies directly between blockchains without intermediaries.
Utilizing hashlocks and timelocks, they ensure secure and fair exchanges, eliminating the risks of centralized exchanges and reducing costs.
However, challenges like limited adoption, technical complexity, and compatibility issues persist.
Rubic simplifies this process by aggregating 200+ DEXs and supporting 15,000+ cryptocurrencies across 90+ ...
Rubic’s 2024 Yearly Report
Let’s Celebrate Rubic’s Milestones of 2024!
2024 has been an incredible year for Rubic Best Rate Finder! We've forged prestigious partnerships, including joining the Consensys Scale Program, launched MetaMask Snap, surpassed $1 BILLION in trading volume, and achieved a remarkable 97% growth despite the challenges of a bear market. By integrating over 20 new chains and 25+ ...
Rubic Weekly Report 12/19/2024
Let’s take a look at what has happened this week.
Summary:
🗓 Changelly Upcoming Integration
💚 Rubic Supports $USDS
❄️Mantle Winter Wonderland Campaign
🔄 Rubic’s TON Voyage Intract Quest
🟩 Rubic’s Layer3 Quests
Development
1. Changelly Upcoming Integration
Get ready for even better cross-chain swaps on 35+ chains with Changelly!
Changelly is joining the Rubic family to supercharge your swaps. This exciting partnership will unlock more ...
What Is USDT (Tether) and How Does It Work?
TL;DR
USDT Meaning: USD Tether (USDT) is a stablecoin anchored to the value of the US dollar. It was created in 2014 and originally issued on the Omni layer on top of the Bitcoin blockchain.
How It Works: According to the company, every USDT should be fully backed by its reserves, which include traditional currency, cash equivalents and ...
What Is WETH (Wrapped Ethereum) and How Does It Work?
TL;DR
What is WETH: WETH (Wrapped Ethereum) is an ERC-20 version of ETH that makes Ethereum compatible with decentralized finance (DeFi) applications, token swaps, and liquidity pools.
How WETH Works: WETH is created by depositing ETH into a smart contract, which issues an equivalent amount of WETH. It can also be unwrapped back into ETH anytime by reversing ...