Hop Protocol is a cross-chain bridge that enables the transfer of tokens between Ethereum and its layer-two rollup networks.
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- Hop Protocol moves tokens across Ethereum and connected rollups using bonded liquidity and intermediary assets. It allows users to transfer assets between networks without waiting for native withdrawal periods.
- The protocol uses liquidity providers, called bonders, who advance funds on the destination network and are later reimbursed. This design targets faster cross-rollup transfers of common tokens.