Venom Foundation Integrates ChainConnect for Intermediary-Free Atomic Swaps
Abu Dhabi–primarily based Venom Basis has absolutely built-in the ChainConnect protocol to supply what it calls institutional-grade, intermediary-free cross-chain transactions. The mixing allows atomic swaps between Threaded Digital Machine (TVM)-compatible networks, together with Venom itself, TON, Everscale and Hamster Community, and EVM chains, permitting tokens to maneuver as single, indivisible operations that both full in full or revert with out partial settlement.
The transfer positions the community to deal with tokenized asset transfers for purchasers with the very best safety necessities, reminiscent of central banks and sovereign wealth funds, as a result of it removes custody dangers related to third-party intermediaries. ChainConnect’s method to TVM–EVM interoperability has been documented in ecosystem writeups and venture pages describing the way it hyperlinks TVM networks with Ethereum-compatible chains.
Venom’s pitch contrasts sharply with the structure of huge modular bridges. Protocols like LayerZero and Axelar have emphasised vast community attain. LayerZero helps greater than 150 networks in apply and Axelar dozens extra, however their verification fashions depend on exterior oracle/relayer or validator units. Critics have likened LayerZero’s earlier design to a 2-of-2 oracle/relayer mannequin, whereas Axelar makes use of a PoS validator consensus that requires broad validator attestation (generally described as roughly two-thirds) to confirm cross-chain occasions. Venom says atomic swaps remove that exact assault floor.
Excessive-Velocity, Low-Price Cross-Chain Transfers
On the technical aspect, the ChainConnect integration is constructed to maneuver main belongings natively between TVM and EVM ecosystems: wrapped BTC and ETH, USD-pegged stablecoins reminiscent of USDT and USDC (with the power to pay charges in any supported forex), and native TVM tokens that may share liquidity swimming pools. Venom additionally factors to its mesh structure with dynamic sharding because the efficiency basis: stress exams and documentation present the community working on the 150,000+ transactions-per-second stage with sub-second finality, and the muse’s supplies and business protection underline that throughput milestone.
Price and UX are additionally a part of the gross sales pitch. Venom says fuel is charged at 100 nanoVENOM per unit, fractions of a cent per operation, and that ChainConnect transfers profit from an “invisible charges” choice that lets enterprises pay in stablecoins or different on-chain currencies to keep away from charge friction. The inspiration argues this ends in decrease latency and much smaller charge overhead than some modular bridge preparations, the place community consensus and multi-party verification can add minutes and extra price to busy transfers. The 100 nanoVENOM determine and the invisible-fees mechanism come from Venom’s integration notes and the technical temporary supplied with the ChainConnect rollout.
Liquidity metrics underline rising market engagement. As of February 2026, VENOM’s 24-hour buying and selling quantity sits within the roughly $2–3 million vary throughout Bybit, Gate.io and KuCoin, and the venture’s tokenomics allocate 10 % of the 7.2 billion provide to market liquidity, one other 28 % to ecosystem incentives, and 22 % to neighborhood rewards. Venom expects the brand new cross-chain rails to broaden VENOM’s utility for charges, governance and staking whereas bringing extra liquidity suppliers into reward applications that facilitate transfers.
“Cross-chain safety for institutional purchasers isn’t in regards to the variety of related networks, it’s about belief structure,” feedback Christopher Louis Tsu, CEO of Venom Basis. “When a central financial institution tokenizes billions of {dollars} in belongings, it can not settle for custody dangers inherent in intermediary-dependent bridges. Our atomic swaps utterly remove this assault floor whereas sustaining pace and value effectivity.”
The inspiration frames ChainConnect-backed swaps as specialised infrastructure for high-volume, regulated transfers, a complement to retail-focused bridges moderately than a wholesale substitute. Venom presents itself as a fintech platform constructed to host fiat-backed stablecoins, central financial institution digital currencies and real-world asset tokenization initiatives, together with carbon credit, and to satisfy compliance and uptime wants of nationwide and worldwide enterprises. For readers who need to dig into the technical documentation or the ChainConnect spec, Venom’s public pages and ChainConnect’s venture website present the detailed protocol notes and supported-asset lists that underpin the mixing announcement.
