Summary: Bridging assets from Avalanche (AVAX) to Metis Layer 2 (L2) is simple and cost-effective when you use Synapse, a trusted decentralized exchange (DEX). This platform allows for quick transfers of popular tokens like USDC, USDT, DAI, and WETH from the Avalanche C Chain to Metis, where you'll receive either USDC or ETH.
Be mindful of two types of fees: a fixed $5 Metis transaction fee and a variable $1-$5 bridging fee. Synapse's strong track record in smart contract security and user volume make it a reliable choice for your cross-chain transfers.
- Most trusted cross-chain DEX with the most volume in DeFi.
- Lowest fees and slippage for cross-chain swaps on USDC, USDT, ETH & 5 other assets.
- Supports over 16 EVM-compatible networks for seamless cross-chain swaps.
How to Bridge from AVAX to Metis
The easiest and most affordable way to bridge between AVAX to Metis is by going through a trusted cross-chain DEX that facilitates swaps between the Avalanche C Chain and the Metis L2. Synapse is by far the best bridging protocol due to its quick transactions and affordable fees.
Their platform will allow you to transfer USDC, USDT, DAI & WETH.e from Avalanche but you can only receive USDC or ETH on Metis.
- Visit the Synapse Dapp and connect your Metamask Wallet.
- Select Avalanche C Chain as current network and Metis network as destination.
- Select the token (we use USDC below) you want to transfer from AVAX to Metis and input the amount.
- Approve and finalize the transaction (it will arrive in your wallet a minute).
AVAX to Metis Bridging Fees
hen you're planning to bridge assets between the Avalanche and Metis networks, it's crucial to be aware of two distinct fees involved in the process.
- Metis Transaction Fee: On the Metis side, there is a fixed transaction fee set at $5, payable in USDC. This cost remains constant, irrespective of the amount of assets you're transferring.
- Bridging Fee: Apart from the transaction fee on Metis, you'll also incur a bridging fee. This fee can vary but generally ranges from $1 to $5 USD.
Both these fees are critical to factor into your cost calculations when moving assets between Avalanche and Metis, to ensure you're making the most economically viable decisions.
Is Synapse Safe?
Synapse is widely recognized as one of the top three bridges by trading volume, a testament to its popularity and user trust. It enables smooth asset transfers across multiple blockchains such as Ethereum, Binance Smart Chain, and Polygon. Synapse has earned a reputation for its robust smart contract security and user-friendly interface, making it a go-to choice for many looking to bridge assets across different networks.
Final Thoughts
In summary, bridging assets from AVAX to Metis is a straightforward process if you utilize a reliable cross-chain DEX like Synapse. Its user-friendly interface and affordable fees make it a top choice for facilitating asset transfers between the Avalanche C Chain and the Metis L2 network. When using Synapse, you have the option to transfer various tokens like USDC, USDT, DAI, and WETH, although you'll only receive USDC or ETH on the Metis side.
Dylan Matthews is the Co-Founder and head of operations at Buy Bitcoin Bank, with a background in engineering and experience as a Prop Trader. He has leveraged his knowledge and skills to build and scale the platform, providing users with a seamless experience for buying and selling cryptocurrency.
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