Gasp (MNG)

Gasp offers native cross-chain swaps without resorting to traditional bridges through the power of escape hatches which guarantee the withdrawal of user funds at all times, ZK proofs and decentralized sequencers.

Private Funding Round: $5 Million

Strategic Round: $4.2 Million

Seed Round: $1.4 Million

Whitepaper

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Interest lvl

Medium

Updated: Jan 24, 2025

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User Rating

Medium

3/5 • 1 votes

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Ticker

MNG

Type

Utility-token

Token standard

ERC-20

Registration year2020

Ecosystems

Ethereum Solana Bitcoin

What is Gasp

Gasp, formerly known as Mangata Finance, is a cross-chain swap protocol.

Gasp is a cross-chain DEX and protocol designed for exchanging crypto assets between blockchains, such as Ethereum L2s and rollups, Solana, Bitcoin, RWA protocols, web3 gaming ecosystems, and much more. Gasp provides a cross-chain communication platform that scales infinitely with large amounts of capital, and provides high-speed trading for both enterprise and individual retail users.

To realize our vision of building an exchange protocol that allows rollup-native liquidity, we require a trustless source of truth attesting to the honest behavior of the protocol facilitating cross-chain swaps itself. So we asked ourselves, can Ethereum vouch for Gasp? EigenLayer makes it possible. Gasp on EigenLayer will make cross-chain atomic swaps as easy as calling a smart contract on Ethereum or any other connected chain.