Solflare introduces Bridge for permanent cross-chain deposit addresses

Solflare introduces Bridge for permanent cross-chain deposit addresses

Aurora Labs powers the feature through Aurora Intents, enabling Solflare wallet funding from eight blockchains with fixed deposit addresses, 0.1% stablecoin fees and a first-month $125,000 fee waiver.

BTC
ETH
BNB

Summary

Solflare has launched Bridge, a wallet feature that lets users receive funds from other blockchains into their Solflare wallet through permanent deposit addresses. Aurora Labs said the service is powered by Aurora Intents on NEAR Intents infrastructure, allowing users to send assets from Bitcoin, Ethereum, Arbitrum, Base, Polygon, BNB Chain, Tron and NEAR directly into Solana without using traditional bridge interfaces. Solflare and Aurora Labs said the system assigns a reusable deposit address for each supported source blockchain and token, while the backend handles routing, liquidity sourcing and token conversion. Aurora Labs said Ethereum-based transfers generally complete in under one minute and Bitcoin deposits in about 14 minutes. The initial release focuses on SOL and stablecoins as destination assets, with other tokens available depending on liquidity. Fees are 0.1% for stablecoin transfers and 1% for other assets, although deposits are free for the first month after launch under a combined $125,000 fee waiver.

Terms & Concepts
  • cross-chain: Moving assets between different blockchains.
  • NEAR Intents: An intent-based cross-chain infrastructure on NEAR that Aurora Labs said handles settlement, routing and liquidity for the Solflare funding service.
  • deposit address: A wallet address used to receive funds; in this service, each supported source blockchain and token gets a permanent reusable address.