Multichain

Halal Rating :
Comfortable
Last Price $0.34 Last updated:
Rank 1400
1D Change -57.28 %
Market Cap $4.98m
Circulating supply 14,541,094
Maximum supply 100,000,000

Crypto Overview

Categories
  • Three Arrows Capital Portfolio
  • Arbitrum Ecosystem
  • Moonriver Ecosystem
  • Circle Ventures Portfolio

Multichain, rebranded from Anyswap, will continue with what it has achieved to date as a router protocol for Web3. As the trailblazer of decentralized cross-chain service, Multichain provides interconnect infrastructure for 27 mainstream public blockchains including Ethereum, Fantom, Binance Smart Chain, Avalanche, Moonriver, Arbitrum, Polygon and Harmony. The Total Value Locked (TVL) on Multichain, whose number of users exceeds 300,000, is more than $5 billion, with over 1,000 crypto assets circulating among different mainnets. It is unsurpassed in terms of speed, security and decentralization. Builders can create application layers on top of it to strengthen DeFi composability.

Crypto Impact

To assign a comfort level investing in Multichain from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Multichain.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating