Where to Bridge from Fantom to Arbitrum
When it comes to deciding where to bridge your tokens between Fantom and Arbitrum, you have only two options. SpookySwap and Synapse, both are DEXs (decentralized exchanges) that facilitate bridging on their platforms. We recommend using Synapse as they offer lower fees, faster bridging speeds and a wider selection of available bridging tokens.
If you would like to learn more about Synapse, you can visit our Synapse Review page.
How to Bridge from Fantom to Arbitrum
In the example we will use Tether (USDT) as the bridging token, you can also send USDC, SYN, ETH, gOHM, nETH & nUSD. Follow the below steps to get started:
- Step One: Visit Synapse and connect your Web3 Wallet
- Step Two: Select Fantom and Arbitrum as the two networks
- Step Three: Input the amount of $SYN you want to bridge
- Step Four: Confirm the two transactions on Metamask and your funds in will arrive in your wallet within a minute
Fantom and Arbitrum RPC Details
You will first need to add the Fantom and Arbitrum networks to your MetaMask before you can bridge. You can find the RPC details for both networks below:
- Network Name: Fantom Opera
- RPC Url: https://rpc.ftm.tools/
- ChainID: 250
- Symbol: FTM
- Block Explorer URL: https://ftmscan.com/
- Network Name: Arbitrum Mainnet
- RPC Url: https://arb1.arbitrum.io/rpc
- ChainID: 42161
- Symbol: ETH
- Block Explorer URL: https://arbiscan.io/
About Fantom Network
Fantom is a distributed ledger technology (DLT) platform which claims to be the world’s first “DAG-based smart contract platform.” Fantom aims to process transactions quickly and with little cost, while also being scalable. The Fantom Foundation, which is based in Singapore, governs the Fantom network.
Fantom’s native token is the FTM, which is used to fuel transactions on the network. The FTM token is an ERC-20 token and was distributed through a private sale and public sale in 2018. The Fantom platform is designed to be compatible with existing smart contract platforms such as Ethereum, Avalanche, and Arbitrum. This means that developers can build decentralized applications (dApps) on Fantom without having to learn a new programming language.
Arbitrum is a Layer 2 protocol for building decentralized applications that is scalable, private, and secure. Arbitrum enables developers to build apps that are resistant to tampering and censorship, while remaining fast and lightweight. The Arbitrum protocol is based on Ethereum, making it compatible with existing Ethereum tools and infrastructure. Arbitrum is developed by a team of researchers at the University of California, Berkeley.
The Arbitrum protocol is designed to address two of the major challenges facing Ethereum and other blockchain platforms: scalability and privacy. Arbitrum's unique design enables transactions to be processed off-chain, without compromising security or decentralization. This allows Arbitrum apps to scale without sacrificing trustlessness or censorship resistance.