What are Cross-Chain Swaps?
Gem Wallet provides a seamless way to swap assets across different blockchains, ensuring a decentralized and secure trading experience. A cross-chain swap enables the exchange of cryptocurrencies between different blockchain networks without the need for a trusted intermediary.
Leveraging multiple providers, including THORChain, Chainflip, Mayan, NEAR Intents, Relay, Across, and Squid, Gem Wallet enables trustless and efficient cross-chain transactions directly from your wallet. This decentralized process ensures security and transparency, powered by technologies like atomic swaps and cross-chain bridges.
For instance, if you hold Bitcoin but need Ethereum to use a dApp, a cross-chain swap allows you to make this trade directly, without converting assets through multiple exchanges.
Powered by Multiple Providersâ
Gem Wallet integrates multiple cross-chain swap providers, providing a comprehensive swapping experience. By leveraging these decentralized protocols, Gem Wallet offers access to a wide range of cryptocurrencies without requiring a centralized exchange. This ensures a decentralized and secure swap experience.
With integrated providers, users can enjoy direct transactions across multiple blockchain networks.
How Cross-Chain Swaps Work in Gem Walletâ
Gem Wallet simplifies cross-chain swaps using its user-friendly interface and integrated swap providers. Here's how it works:
- Select Your Assets: Choose the cryptocurrency you want to swap and the one you wish to receive.
- Verify Network Compatibility: Ensure the blockchains of the chosen cryptocurrencies are supported for cross-chain swaps.
- Initiate the Swap: Enter the amount, confirm the transaction, and let Gem Wallet handle the rest.
- Receive Funds: Once the swap is complete, the funds will be available in your wallet.
Gem Wallet keeps swaps self-custodial, giving you full control over your private keys throughout the process.
Why Use Cross-Chain Swaps in Gem Wallet?â
Cross-chain swaps offer significant advantages, especially for users who frequently trade across different blockchain ecosystems. With Gem Wallet, you get:
- Interoperability: Access assets across multiple blockchains through integrated swap providers.
- Security: No intermediaries mean less risk of hacking or fraud.
- Ease of Use: Intuitive interface for swapping cryptocurrencies quickly and efficiently.
- Cost Efficiency: Save on fees compared to traditional multi-exchange conversions.
Supported Cross-Chain Swapsâ
Gem Wallet supports cross-chain swaps across multiple blockchain networks through integrated providers. Supported routes depend on the selected assets, liquidity, network fees, and live quote availability.
| Provider | Supported networks in Gem Wallet |
|---|---|
| THORChain | Dogecoin, THORChain, Ethereum, Cosmos, Bitcoin, Bitcoin Cash, Litecoin, BNB Chain, Avalanche, Base, XRP Ledger, TRON, Solana, Zcash |
| Maya Protocol | THORChain, Bitcoin, Ethereum, Arbitrum, Zcash, Cardano |
| Mayan | Ethereum, Solana, Sui, BNB Chain, Base, Polygon, Avalanche, Arbitrum, Optimism, Linea, Unichain, Monad, HyperEVM, HyperCore |
| Chainflip | Bitcoin, Ethereum, Solana, Arbitrum |
| NEAR Intents | NEAR, Ethereum, Bitcoin, Solana, Sui, Arbitrum, Base, Optimism, Avalanche, BNB Chain, Polygon, TON, TRON, Dogecoin, XRP Ledger, Cardano, Berachain, Aptos, Zcash, Gnosis, Stellar, Litecoin, Bitcoin Cash, Monad, X Layer, Plasma |
| Squid | Cosmos, Osmosis, Celestia, Injective, Sei, Noble |
| Across | Arbitrum, Ethereum, Base, Blast, Linea, Optimism, Polygon, zkSync, World Chain, Ink, Unichain, Monad, BNB Chain, HyperEVM, Plasma |
| Relay | Ethereum, BNB Chain, Base, Arbitrum, Optimism, Polygon, Avalanche, Linea, zkSync, HyperEVM, Sei EVM, Berachain, Manta, Sonic, Abstract, Celo, Stable |
| Hyperliquid | HyperCore, HyperEVM |
Not every chain pair or asset pair is available at all times. Gem Wallet checks available providers and live quotes before showing a route.
Here are just a few examples of cross-chain swaps that are possible through Gem Wallet:
Bitcoin (BTC) â Ethereum (ETH)â
Input the amount of Bitcoin that you want to swap to Ethereum.
Transaction has been submitted to the THORChain network. Wait for the confirmation.
Slower chains like Bitcoin and Ethereum takes a longer time to complete a swap. Please be patient.
Ethereum (ETH) â BNB Chain (BNB)â
Input the amount of Ethereum that you want to swap to BNB Chain.
Transaction has been submitted to the THORChain network. Wait for the confirmation.
BNB Chain will be sent automatically once the swap has been successfully completed. Please be patient.
BNB Chain (BNB) â THORChain (RUNE)â
Input the amount of BNB Chain that you want to swap to THORChain.
Transaction has been submitted to the THORChain network. Wait for the confirmation.
THORChain will be sent automatically once the swap has been successfully completed. Please be patient.
Check Swap Status Manuallyâ
If a cross-chain swap is still pending, you can also check its status directly through the provider's explorer or transaction page. Search using your wallet address, source transaction hash, destination transaction hash, or deposit address when available.
| Provider | Where to check | What to search |
|---|---|---|
| THORChain | Runescan | Wallet address or transaction hash |
| Maya Protocol | MayaScan | Wallet address or transaction hash |
| Chainflip | Chainflip Explorer | Wallet address, deposit address, or transaction hash |
| Mayan | Mayan Explorer | Wallet address or transaction hash |
| NEAR Intents | NEAR Intents Explorer | Deposit address or wallet address |
| Across Protocol | Across Transactions | Connected wallet or transaction hash |
| Relay | Relay Transactions | Wallet address or transaction hash |
| Squid | AxelarScan | Source transaction hash |
| Hyperliquid | HyperEVMScan | HyperEVM transaction hash or address |
Only use explorers to look up public transaction status. Never enter your recovery phrase, private key, or secret wallet credentials into any external website.
Get Started with Cross-Chain Swaps Todayâ
Gem Wallet cross-chain swaps are easier than ever. Whether you're diversifying your crypto portfolio or simply trading for convenience, Gem Wallet ensures you can access a wide range of assets securely and efficiently.
Start swapping now and experience the power of true blockchain interoperability.