Interport Finance is a cross-chain hub that enables blockchain interoperability within decentralized finance (DeFi). It facilitates the transfer of assets and data across different blockchains, simplifying cross-chain transactions for users. The platform aims to provide an intuitive solution for managing interactions between multiple blockchain networks, enhancing user experience in navigating interconnected DeFi ecosystems. ^[1][2][3]

Overview

The Interport platform is a comprehensive solution for traders navigating multiple blockchain networks. It integrates various tools to facilitate efficient cross-chain transactions, eliminating the need for multiple bridges, or third-party services. The primary aim is to reduce transaction costs, mitigate risks, and streamline the DeFi user experience. Interport supports a wide range of blockchain networks, enabling users to transfer assets, manage liquidity, and participate in DeFi ecosystems—all within the Interport interface. This all-in-one functionality positions Interport as a key player in advancing blockchain interoperability. ^[1]

"Interport Finance aims to be the leading gateway for cross-chain DeFi operations. By simplifying blockchain interactions and reducing barriers to entry, the platform seeks to accelerate the adoption of decentralized technologies and make financial tools more accessible worldwide" - interport mission & vision ^[1]

Products

Cross-Chain Swaps

Interport's Cross-Chain Swap feature allows users to exchange assets across different blockchains. By utilizing cross-chain messaging, the protocol interacts with smart contracts on various networks to ensure accurate transaction execution and optimal asset exchange rates. This eliminates the need for traditional bridging, managing liquidity pairs, or dealing with price volatility, providing users with a simplified and efficient cross-chain swapping experience. ^[4]

Technology

• Digital Asset Conversion: Digital assets on the source chain are swapped into stablecoins and added to Interport’s liquidity pool on the same chain.
• Cross-Chain Communication: A cross-chain call is sent to the contract on the destination chain with parameters for execution.
• Execution on Destination Chain: The contract on the destination chain pulls stablecoins from the Interport liquidity pool, performs swaps, and sends the desired digital assets to the user. ^[4]

Universal Bridge

Interport's Bridge enables secure and efficient transfers of digital assets across multiple blockchains, addressing a critical need in DeFi. It utilizes Omnichain Fungible Token (OFT) technology from LayerZero, allowing seamless movement of widely used tokens such as USDT and USDC. The bridge facilitates interoperability beyond OFTs, offering a versatile solution for cross-chain asset transfers. ^[5]

Gas Transfer

Interport's Gas Transfer feature facilitates the movement of native digital assets across 49 different blockchains. Designed for efficiency, it allows users to transfer assets like blockchain-native tokens, enhancing cross-chain interoperability and reducing the complexities of navigating separate ecosystems. ^[6]

Farm

Interport offers dynamic reward opportunities through its Stablecoin Pools and ITP Farms. These features are designed to cater to a variety of incentive preferences. ^[7]

Stablecoin Pools

The Stablecoin Pools provide a secure and lucrative way to collect yield on stablecoin holdings. By participating in these pools, you contribute to the liquidity essential for smooth trading on our platform, while collecting competitive rewards. ^[7]

ITP Token

The ITP token serves as both a utility and governance asset within the Interport ecosystem. Protocol fees are distributed to ITP-ETH liquidity providers, enabling users to lock their ITP/ETH LP tokens and earn rewards in USDC, USDT, and ITP. ^[3]

Direct Staking

Users can stake directly on Layer 2 blockchains while the protocol automates all necessary bridging transactions to and from Ethereum. ^[3]

Technology & Infrastructure

Interport Finance leverages blockchain interoperability technologies to ensure reliability and security in cross-chain communications while maintaining high performance and low latency:

• LayerZero integration: Facilitates decentralized, trust-minimized communication between blockchains, enabling secure asset and data transfers
• Circle CCTP: Enables the direct burning and minting of USDC across networks, optimizing liquidity and capital efficiency.
• Chainlink CCIP: Ensures effective token transfers across multiple blockchains, enhancing interoperability. ^[3]