Allbridge Core allows users to send stablecoins from one chain to another almost immediately by using native liquidity pools deployed across 5 EVM and non-EVM blockchains. Liquidity providers receive the majority of transfer fees paid by users (supply-side fees).

Allbridge Core is a cross-chain stablecoin bridge. Allbridge Core was co-founded by Yuriy Savchenko and Andriy Velykyy, and was launched in September 2022.

The Allbridge team own and govern the protocol. They currently take a cut of the transfer fees paid by the users (revenue). Allbridge Core’s investors include Race Capital and others.

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Allbridge Core

# Allbridge Core Token incentives Methodology

## 1. Overview

The Allbridge token incentives metric tracks token-based rewards or incentives distributed to users for bridge activity. However, for Allbridge, this metric is intentionally set to zero across all time periods and chains, indicating that Allbridge does not operate a token incentive program for bridge users. The metric maintains the same dimensional structure as other Allbridge metrics (fees, transfer volume) to ensure consistency in reporting and analytics.

## 2. Data sources

The calculation relies on the following data sources:

- **Bridge transfer events**: Parsed `TokensSent` and `TokensReceived` events from Allbridge bridge contracts on Ethereum, BSC, and Polygon
- **Cross-chain transfer data**: Received transfer events from Tron and Solana chains to capture complete cross-chain volume
- **Token metadata**: Stablecoin contract addresses and decimal information for BUSD (BSC) and USDC (Ethereum, Polygon)
- **End-of-day price feeds**: Token price data for USD conversion of stablecoin transfer volumes
- **Chain mapping data**: Allbridge chain ID mappings for Ethereum (1), BSC (2), Tron (3), Solana (4), and Polygon (5)

## 3. Step-by-step calculation

### Component A: Bridge transfer processing
- **Purpose**: Processes cross-chain bridge transfers to establish the base activity data
- **Logic**: Extracts transfer events from Allbridge bridge contracts across multiple chains. Processes both outbound transfers (`TokensSent` events) and inbound transfers (`TokensReceived` events from Tron/Solana) to avoid double counting. Maps destination chain IDs to chain names and applies appropriate stablecoin token addresses based on the destination chain
- **Key fields**: `block_timestamp` for timing, `transaction_hash` for unique identification, `transfer_amount` for volume, `origin_chain` and `destination_chain` for routing

### Component B: Volume aggregation and USD conversion
- **Purpose**: Aggregates daily transfer volumes and converts to USD values
- **Logic**: Groups bridge transfers by day, chain, and token address. Applies decimal corrections and converts stablecoin amounts to USD using end-of-day price feeds. Categorizes all activity under the 'bridges' market sector and 'mint_and_burn' business segment
- **Key fields**: `timestamp` (daily), `chain_id`, `transfer_volume` in USD

### Component C: Fee calculation structure
- **Purpose**: Establishes the fee structure that serves as the template for token incentives
- **Logic**: Applies time-based fee percentages to transfer volumes (0.1% before January 30, 2023, and 0.3% after). This creates the dimensional structure and time series coverage that will be used for the token incentives metric
- **Key fields**: `timestamp`, `timestamp_grain`, `chain_id`, `product_id`, `fees`

### Final aggregation
- **Combining components**: Uses the fees metric structure as a template, maintaining the same timestamps, chains, and product dimensions
- **Token incentives assignment**: Assigns a value of 0 to the `token_incentives` field for all records, indicating no token-based rewards are distributed
- **Schema finalization**: Applies the `finalize_metric_token_incentives` macro with 'fill_zeros' strategy to ensure complete time series coverage and proper schema validation
- **Final calculation**: Token incentives = 0 for all time periods, chains, and products

## Critical implementation notes

- **Zero incentives policy**: Allbridge does not operate a token incentive program, hence all values are set to 0
- **Structural consistency**: The metric maintains the same dimensional structure as other Allbridge metrics for consistent reporting
- **Chain coverage**: Covers Ethereum, BSC, Polygon, Tron, and Solana through direct events and cross-chain transfer mapping
- **Time boundaries**: Uses daily aggregation with proper gap filling to ensure complete time series
- **Data quality**: Applies chain availability filtering to ensure data completeness and accuracy

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Value of native tokens distributed as incentives.

Allbridge Core

Token incentives

Token incentives

Competitive landscape

Chain breakdown