Suter Bridge

Hop is a scalable rollup-to-rollup general token bridge. It allows users to send tokens from one rollup or sidechain to another almost immediately without having to wait for the networks challenge period. It works by involving market makers (referred to as Bonder) who front the liquidity at the destination chain in exchange for a small fee. This credit is extended by the Bonder in form of hTokens which are then swapped for their native token counterpart in an AMM. It's hard to quantify security of a protocol but the core team of Hop has worked diligently on the protocol for over one year before releasing it to the public. The Hop core team has extensive experience in smart contract development. Before building Hop they were working as smart contract auditors for several years auditing popular protocols such as Augur, OpenZeppelin, Decentraland and DyDx and consequently built one of the first smart contract wallets in the Ethereum space called Authereum.

Deri Protocol is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on-chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure. As the solution to decentralized derivative exchange, Deri Protocol is designed with all the defining features of DeFi and financial derivatives in its nature. Deri Protocol is a group of smart contracts deployed on the Ethereum blockchain, where the exchange of risk exposures takes place completely on-chain. Anybody can launch a pool with any base token (but usually with a stablecoin, e.g. USDT or DAI). That is, the protocol does not enforce any specific “in-house chip”.