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Hop Protocol
Hop Protocol

Hop Protocol

Cross Chain

Hop Protocol, launched in 2021, makes token transfers across Ethereum's layer-2 networks smooth and quick. To speed up the process, it uses liquidity providers, known as Bonders, who temporarily front liquidity on destination chains. This setup not only enables faster transfers but also allows bonders to earn fees, creating a decentralized and incentivized ecosystem. Managed by the Hop DAO, the protocol’s governance includes a well-funded treasury that holds 60.5% of the HOP token supply, ensuring stability and growth. Additional support comes from early investors, with 6.25% of tokens allocated to back its development. The Hop Protocol ecosystem is continually evolving with new features like cross-chain messaging and NFT bridging, broadening its interoperability and enhancing the user experience.

TVL
$38 765 925
Blockchain
N/A
Promo bonus
No bonus for now

Hop Protocol offers

Est. APY
5.98%
Status
Available
Term
Flexible
TVL$323 899
Blockchain
Optimism
Optimism
Est. APY
10.12%
Status
Available
Term
Flexible
TVL$118 660
Blockchain
Optimism
Optimism
Est. APY
8.85%
Status
Available
Term
Flexible
TVL$146 340
Blockchain
Polygon
Polygon
Est. APY
6.96%
Status
Available
Term
Flexible
TVL$21 036
Blockchain
Arbitrum
Arbitrum
Est. APY
3.06%
Status
Available
Term
Flexible
TVL$420 642
Blockchain
Gnosis
Gnosis
Est. APY
0.65%
Status
Available
Term
Flexible
TVL$256 911
Blockchain
Polygon
Polygon
Est. APY
6.73%
Status
Available
Term
Flexible
TVL$267 999
Blockchain
Polygon
Polygon
Est. APY
3.53%
Status
Available
Term
Flexible
TVL$3 050 225
Blockchain
Optimism
Optimism
Est. APY
3.07%
Status
Available
Term
Flexible
TVL$1 983 454
Blockchain
Base
Base
Est. APY
0.02%
Status
Available
Term
Flexible
TVL$13 264
Blockchain
Gnosis
Gnosis
Est. APY
6.16%
Status
Available
Term
Flexible
TVL$4 206 437
Blockchain
Arbitrum
Arbitrum
Est. APY
5.17%
Status
Available
Term
Flexible
TVL$1 297 756
Blockchain
Polygon
Polygon
Est. APY
5.59%
Status
Available
Term
Flexible
TVL$337 448
Blockchain
Arbitrum
Arbitrum
Est. APY
5.73%
Status
Available
Term
Flexible
TVL$286 261
Blockchain
Arbitrum
Arbitrum
Est. APY
4.98%
Status
Available
Term
Flexible
TVL$330 912
Blockchain
Gnosis
Gnosis
Est. APY
15.82%
Status
Available
Term
Flexible
TVL$28 603
Blockchain
Gnosis
Gnosis
Est. APY
7.54%
Status
Available
Term
Flexible
TVL$110 815
Blockchain
Optimism
Optimism
Est. APY
3.73%
Status
Available
Term
Flexible
TVL$263 175
Blockchain
Arbitrum
Arbitrum
Est. APY
4.78%
Status
Available
Term
Flexible
TVL$247 779
Blockchain
Linea
Linea
Est. APY
3.21%
Status
Available
Term
Flexible
TVL$416 647
Blockchain
Polygon zkEVM
Polygon zkEVM

Crypto earn alerts on Hop Protocol

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For Hop Protocol, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on Hop Protocol.

Earning crypto on Hop Protocol

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from Hop Protocol. Check the table above for all the details.

Current TVL of the Hop Protocol protocol

The Hop Protocol protocol's Total Value Locked (TVL) is currently $38 765 925. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like Hop Protocol is holding.

Hop Protocol protocol type

Hop Protocol is a cross-chain solution that helps connect separate blockchain networks smoothly. By linking these networks, Hop Protocol allows assets and data to move easily between blockchains, expanding what users can do in DeFi. Hop Protocol aims to make these interactions dependable and seamless, opening up easier and more versatile ways for users to engage with blockchain networks.

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