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Allbridge logoAllbridge

About

Allbridge Core enables the transfer of value between blockchains by offering cross-chain swaps of native stablecoins using liquidity pools.

  • Total value locked
    $1.26 M3.50%
  • Destination
    Various
  • Validated by
    Third Party
  • Type
    Hybrid
  • Links:Website, Docs, etc.

    ...

    Tokens

    Choose token

    Bridged Tokens (Top 15)

    USD Coin (USDC)
    Ether (ETH)
    Tether USD (USDT)
    Dai Stablecoin (DAI)
    Magic Internet Money (MIM)
    Detailed description

    Allbridge Core enables the transfer of value between blockchains by offering cross-chain swaps of native stablecoins using liquidity pools.

    For its stableconin liquidity network it is using either own AMB or Wormhole to pass messages. Allbridge bridge is a token bridge implemented as a separate contract. Both bridges contains a number of core, unverified smart contracts and it is owned by an EOA account that can drain all funds.

    Risk summary
    This project includes unverified contracts. (CRITICAL)
    Permissions

    The system uses the following set of permissioned addresses:

    Allbridge EOA. 0x7234…35BA

    EOA privileged to process allbridge AMB messages and moved funds from pools.

    Allbridge Owner EOA. 0x01a4…A4D0

    EOA privileged to update messengers and other bridge parameters. As a result this account can drain all funds from the pools.

    Smart contracts

    The system consists of the following smart contracts on the host chain (Ethereum):

    LPBridge 0xA314…bea9

    Main liquidity network Allbridge Core bridge contract.

    TokenBridge 0xBBbD…E884

    Main token bridge contract. This contract stores the following tokens: ETH, USDC, USDT, DAI, MIM.

    Validator 0x9374…d74b

    This contract is responsible for validating incoming messages to token bridge. The source code of this contract is not verified on Etherscan.

    Fee Oracle 0xba6d…E1f6

    This contract is responsible for calculating bridge fees. The source code of this contract is not verified on Etherscan.

    Allbridge Messenger 0x366a…EE50

    Contract used to receive messages via allbridge AMB. The source code of this contract is not verified on Etherscan.

    Wormhole Messenger 0xF483…a83F

    Contract used to receive messages via Wormhole AMB. The source code of this contract is not verified on Etherscan.

    Value Locked is calculated based on these smart contracts and tokens:

    Escrow for ETH, USDC, USDT, DAI, MIM 0xBBbD…E884

    Lock-Mint token bridge

    Escrow for USDT 0xB827…1B0e

    USDT liquidity pool

    Escrow for USDC 0x1D3d…403C

    USDC liquidity pool

    Escrow for DAI 0xCe01…9172

    DAI liquidity pool

    The current deployment carries some associated risks:

    • Funds can be stolen if the source code of unverified contracts contains malicious code (CRITICAL).