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Bridge Avalanche to Aurora on NEAR

Bridge Avalanche to Aurora on NEAR

Dylan Matthews
Fact Checked
Oct 16, 2022

Summary: The best way to bridge from AVAX to the Aurora EVM Chain on the NEAR network is through a Cross-Chain DEX. We recommend Synapse for low fees and minimal slippage to bridge stablecoins like USDT, USDC or DAI.

Table of Contents

Best AVAX to Aurora Bridge

Platform Highlights

  • Fastest and most trusted Avalanche to Aurora cross-chain DEX.
  • Lowest fees and slippage for cross-chain swaps (WETH, USDT, USDC, WBTC)
  • Synapse's AVAX and AURORA bridge has the most trading volume in DeFi.

How to Bridge from Avalanche (AVAX) to Aurora

Decentralized cross-chain liquidity protocol's are the best way to bridge assets from EVM compatible chains like Avalanche C Chain and the Aurora EVM on NEAR. Some of the best DEX's include Synapse, Elk Finance and Stargate Finance for seamless cross-chain swaps.

We recommend Synapse Protocol because they offer the best user experience with the lowest fees. You can follow this guide to get started:

  1. Visit Synapse and connect your Metamask Wallet.
  2. Select Avalanche and Aurora as the two addresses you want to bridge between.
  3. Select the token and amount you want to bridge from AVAX to Aurora.
  4. Confirm the transaction and wait 2 minutes for the bridge to complete.
Bridging 15 USDC from AVAX to Aurora
Bridging 15 USDC from AVAX to Aurora via Synapse.

AVAX to Aurora Bridging Fees

The fees to bridge from Avalanche to Aurora, or Aurora back to Avalanche are incredibly cheap. This is for two reasons, the first being the low transaction fees on both network. The second being Synapse's novel cross-chain DEX design that cuts fees and slippage between chains.

In total, you can expect to pay a maximum of $2 USD to bridge funds between chains.

Why should I Bridge from AVAX to Aurora on NEAR?

Aurora is a rapidly growing network that is currently offering great incentives for users to park their liquidity on AURORA native applications. Money Markets like Bastion Protocol are offering incredibly high yields on ETH, NEAR, Trisolaris, USDC and USDT that are more competitive than applications on Avalanche.

It is recommended that if you are going to bridge to Aurora, you make sure you do it early to capitalize on the yield farming.

Bastion Protocol Aurora Yield Farming
Bastion Protocol on Aurora Yield Farming rates.

AVAX vs AURORA vs NEAR

AVAX and AURORA are two fundamentally different smart contract platforms because Avalanche is a Layer 1 network, while AURORA is a Layer 2 network on the NEAR Protocol. This means that Avalanche would accrue more value over-time because it is the base layer for other networks.

A more appropriate comparison would be between AVAX and NEAR which have similar designs. As at time of writing, Avalanche is the larger blockchain by Total Value Locked so would be considered the best out of the three.

Dylan Matthews

I am the Founder & CEO of Buy Bitcoin Bank and was previously an engineer for a Prop trading firm in Crypto.

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