Reviewing the Top Cross-Chain Bridges: Orbiter, cBridge, Stargate

Cross-chain transactions can be challenging for users, particularly given the wide range of available bridges and the abundance of extra features.

To help you navigate this complex landscape, we've reviewed three of the biggest cross-chain bridges: Orbiter, Stargate, and cBridge. Each of these bridges comes equipped with a set of tools that can prove useful to any crypto user.

This cross-chain platform allows users to exchange tokens across 11 different networks, including Ethereum, Arbitrum Nova, and zkSync Era. Transactions are fast, and the cost of transfers depends on the network's commission. The bridge charges a transaction fee ranging from $5 to $20.

The platform has been recently updated to include L2 Data, providing comprehensive statistics on all transactions made through the bridge. Users can also view their own transaction history in a separate section.

The platform team denies developing their own token. However, the crypto community thinks otherwise and is engaging in activities in hopes of a potential airdrop.

Celer Bridge is one of the largest cross-chain platform. It supports dozens of networks and processes more than $15 million worth of transactions daily.

With cBridge, users have access to a variety of handy features, including:

● token swaps between blockchains;

● earning interest on deposited liquidity;

● transferring NFTs between networks;

● earning rewards for their activity on the platform in the OP (Optimism) token.

Celer has its own blockchain with a native token called CELR. The asset currently has a market capitalization of $160 million.

Stargate is a cross-chain bridge that also serves as a full-fledged DeFi platform, offering investment and staking opportunities, as well as various other activities.

● The platform supports over ten networks, including Ethereum, Arbitrum, and Metis.

Users can:

● transfer tokens and cryptocurrencies between networks;

● deposit stablecoins, ETH, BNB, and other tokens into farming pools to earn passive income;

● stake native STG tokens;

● participate in platform governance and voting using STG coins.

The total locked liquidity on the platform is currently $437 million. STG tokens have been trading on exchanges since March 2022, with a market capitalization of $130 million.

Although cross-chain applications are convenient to use, it's important to remember their drawbacks and potential risks, including:

● High fees for transferring assets

● Transactions can take several days during periods of heavy network congestion

● Smart contract complexity, which makes bridges vulnerable to hacks. Therefore, it's best to avoid investing too much in liquidity pools or to diversify your assets wisely.

It's important to be cautious and use any DeFi application carefully to minimize potential losses in case of unforeseen situations.