Talisman Brings More Users and Liquidity to Polkadot with Cross-Chain Swaps

[PRESS RELEASE – George Town, Cayman Islands, October 18th, 2024]

Talisman, the leading web3 wallet that bridges the Polkadot and Ethereum ecosystems, has launched its new cross-chain swaps feature, solidifying its role in driving more users and liquidity to Polkadot. This feature simplifies the process of swapping assets between major blockchain ecosystems, enhancing connectivity for users trading between Polkadot, Ethereum, and Substrate networks.

Simplifying Cross-Chain Asset Swaps

Swapping assets across blockchain ecosystems has often been complex, requiring multiple custom bridges and DApps. Talisman addresses this by integrating popular routes and assets directly into its Portal, enabling users to swap seamlessly between Polkadot, Ethereum, Arbitrum, Bittensor, Manta Network and even Bitcoin. Whether swapping ETH on Arbitrum for DOT or acquiring tokens like TAO or MANTA to stake, Talisman offers intuitive access to popular swap routes within its cross-chain swaps interface.

By making cross-chain swaps more accessible, Talisman is not only streamlining the user experience but also bringing new liquidity into Polkadot’s growing ecosystem.

To get started, users can visit the Talisman Portal to begin their swaps.

Supported Routes and Assets

Talisman currently supports various cross-chain routes with key assets including stablecoins and native tokens across Polkadot, EVM, and Substrate projects, as well as Bitcoin. The supported routes include:

• Polkadot <> Ethereum/Arbitrum with assets: USDC, USDT, ETH, WBTC, and DOT
• All <> Manta Pacific EVM with assets: MANTA and ETH
• All <> Bittensor with native TAO
• All > Bitcoin with native BTC

Partnering with Top Swap Providers

To ensure a smooth experience and optimal liquidity for Polkadot and other chains, Talisman has partnered with top providers such as:

• Chainflip: A decentralized exchange protocol enabling seamless cross-chain asset swaps with minimal slippage and fast transaction speeds, supporting networks like Bitcoin, Ethereum, Solana, and Polkadot.
• SimpleSwap: A non-custodial exchange service with access to over 2,000 cryptocurrencies and 800k crypto pairs across 100+ chains, providing 24/7 support with no registration required.

User-Friendly Features

Talisman’s cross-chain swaps feature aggregates providers to help users compare options, costs, and estimated transaction times. Users can manage accounts across chains effortlessly, swapping between Substrate and EVM accounts directly within the Talisman Portal without needing separate transactions.

How to Use Talisman Portal for Cross-Chain Swaps

1. Connect: Access the Talisman Portal via your Talisman Wallet (Ethereum or Polkadot accounts) at app.talisman.xyz.
2. Navigate: Go to the “Swap” section at app.talisman.xyz/transport/swap.
3. Select: Choose the assets you wish to swap.
4. Pick Account: Choose your destination account.
5. Complete: Select from the available swap providers and finalize your swap.

Looking Ahead

Talisman is committed to expanding cross-chain swap options, adding more routes and assets. The company is also integrating swap functionality directly into the wallet extension, making it even more convenient for users to swap on the go. By simplifying cross-chain swaps, Talisman is playing a crucial role in growing the Polkadot ecosystem, driving more users and liquidity into the network while enhancing the user experience across multiple blockchains.

About Talisman

Talisman is a web3 wallet that empowers users to explore applications across Ethereum and Polkadot ecosystems. With Talisman, users can securely store, send, and receive assets, and connect to a variety of applications.

For more information, visit Talisman Website or follow us on Twitter and Discord.