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Hop Protocol

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Category: Bridge
TVL: $3.3M

Description

Hop Protocol is a rollup-to-rollup token bridge that transfers assets between Ethereum and Layer 2 networks through hToken intermediary tokens and per-chain AMMs. Bonders lock collateral to front liquidity at destination chains, issuing hTokens that users swap for native tokens, with collateral released after a 24-hour on-chain challenge window. The protocol includes a dedicated transfer explorer and a protocol metrics dashboard.