GM(P). Axelar's General Message Passing (GMP) is now available between Cosmos and EVM chains, providing composability for dApps that span both ecosystems. 🧵👇
#cosmosandbeyond
Axelar has long been the best way to connect #EVM and #CosmosEcosystem via bridged assets. With GMP, that connection goes beyond bridging, supporting a new generation of cross-chain applications that combine the best of Cosmos and EVM.
.@sommfinance is a leading example: the Cosmos-based smart-vaults protocol announced today it is connecting Arbitrum w/ GMP:
Vaults will run across combined architecture of Sommelier’s Cosmos appchain and Axelar GMP to access unique DeFi apps like GMX on Arbitrum One. twitter.com/i/web/status/1…
GMP is blockchain interoperability beyond bridges: Using GMP, Axelar-connected applications securely move any payload cross-chain – including function calls and other logic.
Until now, this functionality has been available only between EVM chains.
Cosmos pioneered the idea of dedicated appchains, interoperable via the Inter-Blockchain Communication protocol (IBC).
As projects scale and find product-market fit, more are seeking the customizability and power that is possible with a purpose-built appchain.
GMP extends IBC interop beyond Cosmos, securing arbitrary cross-chain messages using proof-of-stake, the same consensus approach used by both Cosmos & EVM.
This is possible via $AXL tokenholders, a dynamic validator set (70) + permissionless interchain protocols.
More than a dozen projects are already building in the interchain between Cosmos and EVM. In particular, Axelar thanks @Neutron_org, @osmosiszone, @PersistenceOne, @Sagaxyz__, @SecretNetwork, @squidrouter, @stride_zone & @Umee_CrossChain.
Join them!
🛠️ Get started building in the interchain with Axelar GMP: docs.axelar.dev/dev/general-me…
🔑 Learn more about the $AXL token: axelar.network/blog/axl-token…
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