# Mayan

Markdown version of https://l2beat.com/interop/protocols/mayan

## Summary

- Last 24h volume: $8.63 M
- Last 24h transfer count: 9.28 K
- Last 24h top path: Ethereum ↔ Solana ($2.48 M)
- Last 24h avg. transfer time: 14s
- Last 24h avg. transfer value: $946.86
- Last 24h tokens by volume: [USDC](https://l2beat.com/interop/tokens/9HN5PN/circle/usdc) ($4.42 M), [USDT](https://l2beat.com/interop/tokens/xxeNQv/tether/usdt) ($3.02 M), [ETH](https://l2beat.com/interop/tokens/C0Hmkq/ethereum/eth) ($1.63 M), and 347 more
- Last 24h top token: [USDC](https://l2beat.com/interop/tokens/9HN5PN/circle/usdc) ($4.42 M volume, 4.43 K transfers)
- Last 24h transfer size: Under $100: 5.04 K transfers, $100-$1K: 3.21 K transfers, $1K-$10K: 696 transfers, $10K-$100K: 167 transfers, Over $100K: 5 transfers (min $0.28, average $946.86, max $173.50 K)
- Last 24h transfer type distribution: Non-minting: $8.63 M

### About

Intent framework using the Wormhole message bridge.

## Volume and flows

### Top chains by volume (last 24h)

A transfer counts toward the volume of both its source and its destination chain, so the chain volumes add up to more than the total volume.

- Ethereum: $5.35 M (2.18 K transfers)
- Solana: $4.47 M (4.86 K transfers)
- BNB Smart Chain: $2.65 M (6.01 K transfers)
- and 7 more

### Top routes by volume (last 24h)

- Ethereum → Solana: $1.68 M
- Arbitrum One → Ethereum: $863.09 K
- Solana → Ethereum: $803.75 K
- BNB Smart Chain → Solana: $528.50 K
- BNB Smart Chain → Ethereum: $522.06 K
- Base → Solana: $423.12 K
- Ethereum → BNB Smart Chain: $417.83 K
- Ethereum → Arbitrum One: $328.26 K
- BNB Smart Chain → Base: $257.07 K
- Ethereum → HyperEVM: $248.42 K

The flows between chains are an interactive graph on [the HTML page](https://l2beat.com/interop/protocols/mayan#interop-volume).

## Description

Intent framework using the Wormhole message bridge.

### Architecture
The Wormhole messaging protocol consists of a `WormholeCore` contract on each supported chain. Application contracts like the Token Bridge, the multichain token framework *NTT* ('native token transfers') and the Mayan intent framework contracts are each connected to it. The token bridge is a lock-minting token bridge, NTT is a customizable multichain token framework and Mayan supports stablecoin transfers and crosschain asset swaps of any kind as an intent protocol.

### Crosschain oracle and validation
Wormhole uses the same validators for its core messaging protocol on all supported chains. They are called *guardians* and validate crosschain messages with a 13/19 threshold. Guardians are external validator companies who are expected to run their own nodes of all chains they validate on, but they also delegate the running of full nodes to others for smaller chains.

### Upgradeability
The core protocol and token bridge contracts are upgradeable by the same *guardians* who validate crosschain messages. Application-level contracts can have custom upgradeability.

### Monitoring
Wormhole provides a [block explorer](https://wormholescan.io/) which is mostly intended for users and researchers tracking crosschain transactions and for aggregate metrics. As for [security and monitoring tools](https://wormhole-foundation.github.io/wormhole-dashboard/#/?endpoint=Mainnet), Wormhole offers *Governor* a global token flow monitoring layer that Guardians can use to identify suspicious transfers before signing them. *Global Accountant* tracks the circulating supply of *WTT* and *NTT* assets on all chains and alerts Guardians if a transaction would increase the supply.

## Top tokens by volume

The interactive tokens table is shown on [the HTML page](https://l2beat.com/interop/protocols/mayan#interop-tokens).

## Transfers

The interactive transfers table is shown on [the HTML page](https://l2beat.com/interop/protocols/mayan#interop-transfers).