Meson enables fast, low-cost cross-chain swaps for stablecoins across over 14 blockchains using HTLC atomic swaps and gas optimization techniques. This technology significantly reduces transaction fees by over 80% and completes swaps in 1-2 minutes, addressing the inefficiencies and high costs associated with cross-chain transactions.
Funding
$4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
MPASHFounders
Product
Problem
Web3 applications are often limited by the specific blockchain on which they are deployed, restricting access to users and assets from other chains. This fragmentation hinders user acquisition and limits the total value locked (TVL) within these applications.
Solution
Meson provides a cross-chain transfer SDK, meson.to, that enables Web3 applications to attract users and assets from various blockchains. Powered by the Meson protocol, this solution facilitates fast and low-cost cross-chain swaps, primarily focused on stablecoins. By integrating the SDK, applications can offer users the ability to deposit assets from any supported chain directly into the application's contract, expanding their reach and increasing liquidity. The underlying Meson protocol utilizes HTLC atomic swaps and gas optimization techniques to minimize fees and transaction times.
Target Audience
The primary target audience consists of Web3 application developers in DeFi, gaming, and other sectors seeking to expand their user base and increase TVL by enabling cross-chain asset transfers.
Features
- Cross-chain transfer SDK for seamless integration into Web3 applications
- Support for stablecoin swaps across 20+ blockchains, including EVM and non-EVM chains, and Layer-2 solutions
- HTLC atomic swaps for secure and decentralized transactions
- Gas optimization techniques to reduce cross-chain fees by over 80%
- Typical cross-chain swap completion times of 1-2 minutes
- Audited by Trail of Bits for security