How to Bridge to Acala Network
The best way to bridge to Acala is through a trusted cross-chain DEX that will allow you to transfer ETH, DOT, USDC, USDT and other tokens to the network. Our team recommends the Portal Bridge because it is the safest multi-chain bridge that allows you to bridge tokens to Acala from 20 different networks.
You can bridge to Acala in 4 simple steps:
- Visit Portal Bridge and connect your MetaMask or alternative wallet.
- Select the source chain you want to bridge from and Acala as your target.
- Select the token you want to bridge and the destination address.
- Review and confirm the transaction. Tokens will arrive in under 5 minutes.
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Acala Bridging Fees
The total fees to bridge tokens to Acala will depend on the network you are transferring assets from. Ethereum is generally the most expensive source chain, with transaction fees costing up to $10 to bridge tokens to Acala. For alternative networks like Solana, Polygon and NEAR, the price to bridge to Acala is under $1.
Best Acala DeFi Applications
Once you have completed bridging to Acala, you will want to try out some of the native DeFi applications on the network. The most popular DeFi apps on Acala based on Total Value Locked (TVL) include:
- Acala LCDOT (Liquid Staking protocol)
- Acala Dollar (Stablecoin)
- Acala Swap (DEX)
- Tapio Protocol (Synthetics platform)
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About Acala Network
Acala Network is a decentralized financial platform built on Polkadot that enables users to mint stablecoins, trade NFTs, and earn interest on their digital assets. The network is powered by its own native token, ACA, which is used to stake and secure the network. Acala has one of the largest communities in the Polkadot ecosystem and is backed by leading investors such as Web3 Foundation, Parity Technologies, 1kx, and others.
Final Thoughts
Bridging to Acala Network is one of the best ways to get involved with the Polkadot ecosystem and start using popular DeFi applications on a fast and secure blockchain. We highly recommend Portal Bridge as the safest option for bridging tokens, as it allows users to transfer assets from 20 different networks to Acala in only a few steps.
Once your assets have arrived on Acala, you will be able to start using popular DeFi applications like Acala LCDOT, Acala Dollar, Acala Swap and Tapio Protocol.