🔗 Cross-chain deposits
Last updated
Last updated
Rho believes the future is multi-chain, which is why we have supported cross-chain deposits from day 1. For Rho, traders can deposit collateral from nine different networks and using a multitude of tokens, with the list of options being constantly updated.
Rho traders can therefore deposit collateral: that they hold on any of these nine networks and in any of the supported assets, straight from the Rho application, with just a few clicks, at a preferential rate provided by our partners.
In order to execute a cross chain-deposit:
Open the "Cross-chain" tab in your deposit modal, accessed via the Account widget in your status bar
Make sure the right Market is selected in the Market dropdown
Choose source network and asset, select the amount to deposit and wait for the quote
Check the resulting deposit value and expected time to perform the transfer. Once satisfied, click Deposit to initiate the sequence within your wallet app
In the case of most ERC contracts you will be requested to Approve the amount on your original network before signing the transfer transaction
Arbitrum
Ethereum Mainnet
OP Mainnet (Optimism)
Avalanche
Polygon
Base
BNB Smart Chain
Mantle
Fantom
For most networks, Rho Cross-Chain Deposit supports the most popular stablecoins (USDT, USDC and DAI where available), and the network's native asset (such as MATIC for Polygon or AVAX for Avalanche).
The list of supported assets is subject to change, please refer to the deposit form for the most up-to-date information.
Rho provides cross-chain and cross-asset bridging via Squid Router (https://www.squidrouter.com/) on Axelar (https://www.axelar.network/).
Rho bears no responsibility for any losses resulting from the usage of third-party services or errors originating from the third-party services.
Please refer to the documentation of these third-party services to do your own due diligence and clearly understand the risks of cross-chain and cross-asset bridging.
