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How Symbiosis joined LI.FI bridge and swap aggregator in 2024

What did adding Symbiosis to the LI.FI protocol back in 2024 actually mean for users? We break down which new chains opened up, how routing picks the best path, and where this LI.FI bridge saves on fees.

Updates

How Symbiosis joined LI.FI bridge and swap aggregator in 2024

Numbers

Proven performance

+ chains

Supported Networks

+ chains

Supported Networks

years

On the Market

years

On the Market

sec

Average Bridge Time

sec

Average Bridge Time

incidents

Since Launch

incidents

Since Launch

TL;DR

Key takeaways

01

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Symbiosis joined LI.FI, a multi-chain liquidity aggregator serving MetaMask, Jumper Exchange, Summer.fi and over 150 partners.

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Symbiosis transfer and swap routes are now exposed inside LI.FI development tools for Dapps, wallets and DeFi platforms.

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Integration opens new EVM and non-EVM chains plus emerging L2s like Mode and Blast for cross-chain swaps.

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Routing uses non-custodial contracts that swap into stablecoins or wrapped ETH as transit tokens, then release native tokens on the target chain.

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Fewer steps per transaction mean more competitive fees and any-to-any native asset swaps across 25+ supported networks.

3 minute reading

Updates

Symbiosis routes inside LI.FI aggregator

We kicked off April with amazing news of the Symbiosis Protocol integration into LI.FI - a leading multi-chain liquidity aggregation platform! The main purposes of the cooperation were to enable seamless asset swaps, liquidity movement, and data sharing across all supported blockchain networks. From now on, Symbiosis’ transfer and exchange routes will be available for Dapps and solutions that utilize LI.FI development tools.

This integration opens more routes for cross-chain swap transactions within the LI.FI development tools and enables the support of new blockchain networks including EVM and non-EVM ones!


What is LI.FI?

LI.FI is a multi-chain protocol that optimizes liquidity management and interoperability across different blockchain ecosystems by aggregating data across supported decentralized exchanges and bridges. It serves as an important part of the swap processes in the decentralized applications (Dapps) and eliminates the problem of aggregating liquidity from numerous bridge and swap protocols.

Working with over 150 partners and providing its development tools to such enterprises as MetaMask, Jumper Exchange and Summer.fi, LI.FI aggregates data, transfer and swap routes across selected bridges and decentralized exchanges - including now Symbiosis.

Bridge ETH to Blast

Move ETH from Ethereum to Blast in one cross-chain swap.

Bridge ETH to Blast

Move ETH from Ethereum to Blast in one cross-chain swap.

Integration impact

The integration of Symbiosis Protocol provides the LI.FI solution with a broader scope of supported bridges and aggregates additional chains and routes for developers. Aiming to solve ecosystem and developer problems that include asset limitation within existing bridges, friction in user onboarding to the ecosystem, LI.FI steps further and expands the list of supported liquidity and data sources.

By aggregating Symbiosis API, LI.FI will enable these additional following features for the swap transactions and operations:

  • More competitive swap and exchange fees since the number of required steps to process transaction will be decreased;

  • Activation of new emerging Layer 2 solutions for cross-chain swaps including Mode, Blast, etc. More blockchain networks are coming to serve the needs of the crypto enterprises and enthusiasts that utilize LI.FI;

  • Cross-chain swaps of native assets via “any-to-any” routes.

This expansion aims to eliminate a broad scope of challenges by utilizing swaps and bridge transactions via Symbiosis. Hence Dapps, multi-chain wallets and DeFi platforms can offer more of the effortless cross-chain experience to their users.


Cooperation framework

With a combination of on-chain and off-chain parts of the Symbiosis Protocols, the swaps and asset transfer are done in a sophisticated and safe way. LI.FI integrates the chains that are originally supported by both Symbiosis Protocol and LI.FI including some of the rapidly evolving Layer 1 and Layer 2 networks as well as L2 solutions for Bitcoin.

The process involves non-custodial smart contracts and includes several steps.

  • First, the tokens from the initial chain are swapped via Symbiosis contracts to either stablecoins or wrapped Ethereum as transit tokens.

  • Then, via Smart Contracts they’re pushed to the pools and then released to the user’s wallets. The whole magic that’s going behind the scenes at Symbiosis is described in the Docs right here.

All these steps are wrapped into LI.FI developer tools and are automated to ensure the smooth cross-chain transactions in a most meticulous manner. Mutual magic.

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Bridge ETH to Blast in one swap

Non-custodial routing across many networks. No signup, no accounts.

Symbiosis blog banner eth

Bridge ETH to Blast in one swap

Non-custodial routing across many networks. No signup, no accounts.

How exactly we facilitate mass adoption further?

“The less obstacles for developers and end users - the faster the onboarding is.” This is the mutual motto for the collaboration between LI.FI and Symbiosis!

By enlarging the ecosystem of supported assets and desired blockchain networks, Li.Fi can implement more liquidity sources and provide users with the best and most affordable rates without using multiple DEXs. Symbiosis supports and contributes to the mission of Li.Fi to enable full potential of multi-chain swaps and operations with the minimal developer overhead.

With the support of 25+ blockchain networks at Symbiosis, the need of having simple yet compound and fast swaps is happily being met. And that’s another step to the better DeFI that the crypto world wants and deserves.

Symbiosis is excited and honored to cooperate with LI.FI and thanks the team for the trust. To new heights and milestones!

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Cross-chain swaps without KYC

Non-custodial routing across many networks. No signup, no accounts.

Symbiosis blog banner other

Cross-chain swaps without KYC

Non-custodial routing across many networks. No signup, no accounts.

Nick Avramov

Board Member

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Updates

FAQs

Got questions?

Still have questions? Contact us and we’ll help you out.

01

What is LI.FI and what does it do?

LI.FI is a multi-chain protocol that aggregates liquidity and data across supported DEXs and bridges. It provides developer tools used by partners like MetaMask, Jumper Exchange and Summer.fi to power cross-chain swaps inside Dapps.

02

What does the Symbiosis integration into LI.FI mean?

Symbiosis transfer and exchange routes become available to any Dapp built on LI.FI development tools. That adds Symbiosis as a liquidity and routing source inside LI.FI, expanding supported chains and bridge options for developers and end users.

03

Which new chains does this LI.FI integration unlock?

The integration brings chains supported by both Symbiosis and LI.FI, including emerging Layer 2 networks like Mode and Blast, plus L2 solutions for Bitcoin. It also covers EVM and non-EVM networks from the Symbiosis side.

04

How does a cross-chain swap actually work under the hood?

Tokens on the source chain are swapped via Symbiosis contracts into stablecoins or wrapped Ethereum as transit assets. Smart contracts then route them through pools and release the destination tokens to the user's wallet, all wrapped inside LI.FI tools.

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Will swap fees be lower after this integration?

The article says fees should become more competitive because aggregating Symbiosis routes inside LI.FI reduces the number of steps required to process a cross-chain transaction. Fewer hops generally means less cost passed to the user.

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Is the integration custodial or non-custodial?

It is non-custodial. The article states the process uses non-custodial smart contracts on both the on-chain and off-chain sides of Symbiosis, so users keep control of funds throughout the swap.

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How many networks does Symbiosis support for LI.FI routing?

Symbiosis supports 25+ EVM and non-EVM blockchains, pooling liquidity from Layer 1 and Layer 2 protocols. That entire footprint becomes addressable through LI.FI's aggregator for any-to-any native asset swaps.

08

Who benefits most from the LI.FI and Symbiosis partnership?

Dapps, multi-chain wallets and DeFi platforms benefit, since they can offer broader cross-chain coverage with less developer overhead. End users get more routes, more supported assets and smoother onboarding without juggling multiple DEXs.

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