Bifrost October Recap: $100M TVL, Key Upgrades & Ecosystem Growth

October marked significant progress for Bifrost as the liquid staking protocol crossed $100 million in TVL and rolled out important technical upgrades across its multi-chain ecosystem.

Performance Highlights

Total TVL: $100.4 million

vDOT Supply: 23.94 million DOT ($77.44M TVL)

Monthly Growth: 9% increase in vDOT TVL

Technical Developments

Kusama Asset Hub Migration

Completed migration to Kusama Asset Hub

Enabled enhanced asset management and cross-chain communication

vKSM minting coming soon to the hub

Runtime 22000 Upgrade

Introduced vTokenVoting for delegated governance

Enhanced SLP module with proxy support

Optimized cross-chain fee calculations

Integrated BridgeHub for seamless BNC transfers

Product Updates

DApp v1.10.0 launched with vETH 3.0 support

Unified interface for Ethereum and Polkadot staking

vMANTA 2.0 upgrade scheduled for November 5th

Ecosystem Growth

DeFi Singularity Phase 2

Second phase launched with continued incentives

Expanding vToken liquidity across DeFi protocols

Global Engagement

Token2049 participation (Oct 1st)

Hackathon workshop with OneBlock (Oct 15th)

DeFi risk management roundtable (Oct 22nd)

Looking Ahead

With the $100M milestone achieved, Bifrost continues to strengthen its position as Web3’s liquid staking layer through technical innovation and ecosystem expansion. The upcoming vMANTA 2.0 deployment and ongoing DeFi campaigns will further drive adoption across Polkadot and Ethereum ecosystems.

DOT-2,95%
KSM-5,43%
BNC-0,14%
ETH0,2%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)