Bridge
The Hyperliquid Bridge connects the Hyperliquid L1 and the EVM Arbitrum chain, providing a secure and efficient mechanism for transferring assets between these two ecosystems.
Key Features 🛡️
Validator-Secured Bridge:
The bridge is secured by the same validator set as the Hyperliquid L1.
Deposits and withdrawals require signatures from more than 2/3 of the staking power to ensure security.
Deposit Process:
Deposits to the bridge are signed by validators on the L1.
Once validated by 2/3 of the staking power, the deposit is credited on the bridge.
Withdrawal Process:
Escrow on the L1: Withdrawals are immediately locked on the L1 upon request.
Validator Signatures: Validators sign the withdrawal as separate L1 transactions.
EVM Bridge Interaction: When 2/3 of the staking power signs the withdrawal, an EVM transaction can be sent to the bridge to complete the process.
Dispute Protection:
After a withdrawal is requested, there is a dispute period to detect and block malicious withdrawals that do not match the L1 records.
If needed, the bridge can be locked using cold wallet signatures from 2/3 of stake-weighted validators.
Finalization:
After the dispute period, finalization transactions distribute the USDC to the appropriate destination addresses.
Additional Features
Validator Management on the Bridge: The bridge maintains an active validator set with their corresponding stake, ensuring synchronization with the Hyperliquid L1.
No Arbitrum ETH Requirement for Withdrawals:
Users do not need to provide Arbitrum ETH for gas fees.
Instead, a withdrawal fee of 1 USDC is paid on the L1 to cover validator costs.
Audited for Security: The bridge logic, in conjunction with L1 staking, has been audited by Zellic.
For more details, see the Hyperliquid GitHub repository and the audit reports.
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