Orbiter Finance (OBT)

IEO

Last updated: Jan 27, 2025

Orbiter Finance is a decentralized cross-rollup Layer 2 bridge with smart contracts only on the destination side and is Ethereum’s future multi-rollup infrastructure.

Funding Round: Details

Series A Round: Details

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industry	Exchanges & Wallets / Multi-Chain Platform / DeFi / DEX
Project launchpad	ByBit Launchpad
Product type	Platform
Whitepaper	Open

Airdrop

What is Orbiter Finance

Orbiter supports cross-rollup transfers between Ethereum, StarkNet, zkSync, Loopring, Arbitrum, Arbitrum Nova, Optimism, Polygon, BNB Chain, ZKSpace, Immutable X, dYdX, Metis and Boba.

Features of Orbiter Finance:

Safe Orbiter has no risk like other cross-L1 bridges based on the safety rollup technique.
Cheap & Instant The transfer is between the 'Sender 'and the 'Maker’s' EOA (externally owned address) on both 'Source' and 'Destination' networks. 'Senders' don’t interact with the contract address.
For the Ethereum-native assets There is no need to mint assets, so the liquidity can be totally supported in a decentralized way. Liquidity is totally supported in a decentralized way and minting assets is no longer required.

Details

IEO (Bybit Launchpool): Jan 20, 2025 - Jan 27, 2025
Token supply: 10,000,000,000 OBT

Legal

Blockchain Platform: Ethereum, Arbitrum, Base
Registration year: 2021

Token info

Ticker: OBT
Type: Utility-token
Token standard: ERC-20
Token distribution:
40% - Community
20% - Ecosystem & Growth
15% - Orbiter foundation
15% - Team & Contributors
10% - Investors