Bifrost Monthly Recap – July 2025  

Bifrost made big strides in cross-chain DeFi this July here's a quick look at the highlights:

🔧 Tech & Development

• Runtime 20000 upgrade went live with vDOT cross-chain transfers to AssetHub, vote delegation for vTokenVoting, and improved vToken rate calculations.
• SLPx now supports AssetHub PoC, and vASTR, vGLMR, and vBNC can be minted on Layer 2 via Hyperbridge.
• Runtime 21000 is in development, prepping for AssetHub migration, SDK upgrades, and cross-chain compatibility.
• Dapp 1.9.4 enabled direct vDOT↔AssetHub transfers.

📊 Ecosystem Growth

• TVL hit $98.3M, led by vDOT with $77M and 21.62% growth.
• vBNC launched on Loopstake, offering up to 4x leverage and 13.60% APY.
• DeFi Singularity Campaign is live—users can earn rewards by adding vDOT/ETH liquidity on major networks.

📣 Community & Marketing

• Released a new Uniswap v4 workshop on building LST Hooks.
• Joined the Web3 Summit in Berlin, connecting with top Polkadot and Web3 builders.
• Launched a $500K bug bounty on Immunefi to strengthen protocol security.
• Kicked off Vietnam Week with “DeFi Connect in Hanoi,” uniting local DeFi innovators.

Bifrost continues its mission to unlock seamless cross-chain liquidity. 🚀