Talisman Brings More Users and Liquidity to Polkadot with Cross-Chain Swaps

Talisman, the leading web3 wallet that bridges the Polkadot and Ethereum ecosystems, has launched its new cross-chain swaps feature.

George Town, Cayman Islands, October 18th, 2024, Chainwire

Web3 wallet Talisman, known for bridging the Polkadot and Ethereum ecosystems, has announced the launch of its highly anticipated cross-chain swaps feature. This integration marks a significant step in bringing more users and liquidity to Polkadot by simplifying the process of swapping assets between major blockchain ecosystems.

Highlighting the pain points in swapping assets across blockchain networks, Talisman has taken a user-centric approach. Swapping assets typically involves using multiple custom bridges and DApps to complete a single transaction. To address this, Talisman has integrated popular routes and assets directly into its Portal, enabling users to swap seamlessly between Polkadot, Ethereum, Substrate networks, and even Bitcoin.

For instance, users can easily swap ETH on Arbitrum for DOT or acquire tokens like TAO or MANTA for staking, all within a single interface. Talisman's cross-chain swaps feature not only streamlines the user experience but also contributes to the growth of Polkadot's ecosystem by bringing new liquidity into the network.

To begin swapping assets, users can visit the Talisman Portal and follow the prompts to initiate their swaps.

Currently, Talisman supports various cross-chain routes with key assets, including stablecoins and native tokens across Polkadot, EVM, and Substrate projects, as well as Bitcoin. The supported routes are as follows:

To ensure a seamless experience and optimal liquidity for Polkadot and other chains, Talisman has partnered with top providers, including:

Talisman's cross-chain swaps feature aggregates providers to help users compare options, such as costs and estimated transaction times, and easily select the best fit for their needs. Users can effortlessly manage accounts across chains, swapping between Substrate and EVM accounts directly within the Talisman Portal without requiring separate transactions.

Here's a step-by-step guide on how to use the Talisman Portal for cross-chain swaps:

Talisman is continuously expanding cross-chain swap options, adding more routes and assets. The company is also integrating swap functionality directly into the wallet extension for on-the-go swapping and adding support for more EVM and non-EVM chains.

By simplifying cross-chain swaps and driving more users and liquidity into the Polkadot ecosystem, Talisman is enhancing the user experience across multiple blockchains.

About Talisman

Talisman is a web3 wallet that empowers users to explore applications across Ethereum and Polkadot ecosystems. With Talisman, users can securely store, send, and receive assets, and connect to a variety of applications.

For more information, visit Talisman Website or follow us on Twitter and Discord.

Contact

Growth Associate

Natti

Talisman wallet

natti@talisman.xyz