Bridge entity
Multichain
Multichain was a cross-chain router and bridge protocol formerly known as Anyswap. It is included because of the July 2023 abnormal MPC-controlled asset outflows of more than $125 million and the subsequent announcement that operations would cease.
dead reviewed current
Bridge facts
- Canonical name
- Multichain
- Type
- Cross Chain Router
- Status
- Dead
- Confidence
- High
- Primary chains
- Ethereum, Fantom, BNB Chain, Polygon, Avalanche, Arbitrum
- Primary assets
- WETH, WBTC, USDC, USDT
- Operator
- Multichain
- Ecosystem
- Multichain
- Launch date
- Unknown
- End date
- 2023-07-14
- Terminal reason
- Operations ceased after loss of operational access and funding, following abnormal asset movements and the detention of key personnel described by the team.
- Last reviewed
- 2026-06-14
- Last verified
- 2026-06-14
Incident cases
Multichain 2023 abnormal MPC asset outflows2023-07-06
In July 2023, more than $125 million in assets moved out of Multichain-controlled bridge contracts to unknown addresses. The protocol then stopped services and later announced that operations would cease after losing access to key operational systems and funds.
Evidence records
- Multichain statement on abnormal MPC asset movementMultichain · Tier 1 · 2023-07-06
- Multichain Protocol Experiences Mysterious Withdrawals, Suggesting Multi-Million Dollar Hack or Rug PullChainalysis · Tier 1 · 2023-07-10
- Multichain Bridges Exploited for Nearly $130M Across Fantom, Moonriver and DogechainCoinDesk · Tier 2 · 2023-07-06
- Multichain statement that service stopped indefinitelyMultichain · Tier 1 · 2023-07-07
- Multichain statement announcing cessation of operationsMultichain · Tier 1 · 2023-07-14
Official URL status
Official URL recorded as unknown: https://multichain.org/