Connext – trust-minimized crosschain communication

Article hero image

In 15-minute fundamentals, we interview core protocol contributors & together dive into the details behind the charts available on Token Terminal. In this episode, we dive into the current state of Connext with Founder & CTO Rahul Sethuram.

Connext's dashboard:

00:00 What is Connext?
01:04 What is trust-minimized communication?
02:28 The Amarok network upgrade
04:20 Revenue and business model
07:02 Growth drivers and challenges
07:58 User composition
09:43 The $NEXT token
11:22 Cross-chain vs. multi-chain
14:23 What's next for Connext?

The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating or are invested in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Token Terminal does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only, and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.

Stay in the loop

Join our mailing list to get the latest insights!

Continue reading

  1. MakerDAO's Endgame with Rune Christensen | Fundamentals ep.57
    MakerDAO's Endgame with Rune Christensen | Fundamentals ep.57

    MakerDAO's Endgame with Rune Christensen | Fundamentals ep.57

    In this episode of the Fundamentals podcast, I’m joined by Rune Christensen – Co-Founder of MakerDAO – a decentralized stablecoin protocol built on Ethereum, and the first-ever DAO, to discuss their recent Endgame update.

  2. Bridges – Weekly fundamentals #65
    Bridges – Weekly fundamentals #65

    Bridges – Weekly fundamentals #65

    This week’s newsletter focuses on the bridges market sector, which has a designated dashboard on Token Terminal. Let’s dig in!