Circle CCTP
Circle CCTP (Cross-Chain Transfer Protocol) is a cross-chain transfer protocol operated by Circle, the issuer of USDC.- Supported Token: USDC
- How It Works: USDC is burned on the source chain, and an equal amount of USDC is minted on the destination chain. Since this transfers native USDC directly rather than using a wrapping mechanism, the USDC on the destination chain can be used immediately without unwrapping.
- When Used: Used when moving USDC to another chain, or when swapping a source token to USDC and then exchanging it for another token on the destination chain.
LayerZero
LayerZero is a general-purpose messaging protocol that relays messages between blockchains. In Talken Swap, tokens are moved between chains using the OFT (Omnichain Fungible Token) standard.- Supported Tokens: USDT, TALK, and other tokens deployed as OFT
- How It Works: Tokens are locked or burned on the source chain, and through a LayerZero message, the same tokens are minted on the destination chain.
- When Used: Used when moving USDT to another chain or transferring TALK tokens between chains. It is also possible to swap on the source chain and bridge in a single transaction.
Automatic Bridge Selection
When a user requests a cross-chain swap, Talken Swap automatically selects a bridge based on the following criteria:- Type of source and destination tokens
- Fees for each bridge
- Supported chain availability
Cross-Chain Transaction Types
| Type | Description | Example |
|---|---|---|
| Bridge Only | Move the same token to a different chain | Ethereum USDT to Arbitrum USDT |
| Swap + Bridge | Swap on the source chain, then bridge | Ethereum ETH -> (swap) -> USDT -> (bridge) -> Polygon USDT |
| Bridge + Swap | Bridge first, then swap on the destination chain | Ethereum USDT -> (bridge) -> Polygon USDT -> (swap) -> JPYC |
| Swap + Bridge + Swap | Swap on both chains + bridge | Kaia KAIA -> (swap) -> USDT -> (bridge) -> Polygon USDT -> (swap) -> JPYC |
Cross-Chain Transaction Tracking
Once a cross-chain transaction is initiated, progress is displayed step by step:- Source Chain Transaction Confirmed — The swap or token transfer is included in a block
- Bridge Transfer in Progress — The bridge protocol is relaying the message
- Destination Chain Received — Tokens are minted/transferred on the destination chain
- Complete — The destination tokens are reflected in the user’s wallet
Cross-chain transactions typically take a few minutes, depending on the bridge protocol’s processing time. This may take longer depending on network conditions.