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L2BEAT Bridges is a work in progress. You might find incomplete research or inconsistent naming. Join our Discord to suggest improvements!
SummaryValue SecuredRisk summaryTechnologyPermissionsSmart contracts

Sollet logoSollet

This project is archived.
Sollet Bridge becomes deprecated on Oct 31, 2022. Users are encouraged to use Wormhole instead.

About

Externally Validated bridge to Solana that is now being phased out - users are encouraged to use Wormhole instead.

  • Total value secured
  • Destination
    Solana
  • Validated by
    Third Party
  • Type
    Token Bridge

    • About

    Externally Validated bridge to Solana that is now being phased out - users are encouraged to use Wormhole instead.

    Value Secured
    Risk summary
    Sollet Bridge becomes deprecated on Oct 31, 2022. Users are encouraged to use Wormhole instead.

    Funds can be frozen if

    1. contract owner pauses the bridge.

    Users can be censored if

    1. contract owner doesn't sign withdrawal requests.
    Technology

    Principle of Operation

    Note: This section requires more research and might not present accurate information.

    Sollet Bridge becomes deprecated on Oct 31, 2022. Users are encouraged to use Wormhole instead. Bridge contract supports withdrawals of assets locked on Ethereum but requests need to be signed by the contract owner (EOA account).

    • Users can be censored if contract owner doesn't sign withdrawal requests.

    • Funds can be frozen if contract owner pauses the bridge.

    • Funds can be stolen if contract owner withdraws funds belonging to depositors.

    1. Deprecating Sollet Bridge
    Permissions

    The system uses the following set of permissioned addresses:

    Sollet Bridge Owner (EOA) 0x067D…2361

    Can withdraw funds from the bridge

    Smart contracts

    The system consists of the following smart contracts on the host chain (Ethereum):

    SplTokenSwap 0xeae5…229a

    Sollet Bridge Contract. This contract stores the following tokens: SRM, ETH, ALEPH, USDT, USDC, UNI, KEEP, LINK.