Bifrost Monthly Report

Tech

Runtime 20000 (Upgraded)

Enabled vDOT cross-chain transfers between AssetHub and Bifrost
vTokenVoting now supports vote delegation—users can delegate vToken voting rights to other addresses
Optimized vToken exchange rate calculation model by decoupling it from total issuance, improving compatibility with various cross-chain bridge types
SLPx now supports AssetHub PoC
Fixed the issue where the vDOT XCM oracle failed to feed price data to Hydration

Runtime 21000 (In Development)

Full audit and adaptation of Runtime for AssetHub Migration
Upgraded Polkadot SDK to version 2503
Adapted bbBNC for compatibility with the vToken interest rate model
Adapted SLP cross-chain functionality for AssetHub Migration
Adapted Hyperbridge cross-chain logic for AssetHub Migration

Omni LS 1.0.9

SLPx 2.0 is now supported for three vTokens across 4 networks

Dapp 1.9.4 (Hot Update)

Enabled cross-chain transfers between vDOT and AssetHub

Product

This month, Bifrost’s Total Value Locked (TVL) reached $98,333,113.

Among them, vDOT performed exceptionally well, with a total minted supply (TVS) exceeding 19,174,767, and TVL surpassing $77M, reflecting a monthly growth of 21.62%.

The DeFi Singularity Campaign Phase 1 is now live, with incentives deployed to the vDOT/ETH pair on Base, Ethereum mainnet, Arbitrum, and BSC. Users can join the Merkl rewards program simply by adding liquidity on Uniswap.

vBNC is now available on Bifrost’s leveraged staking market – Loopstake, supporting up to 4x leverage. Current utilization is 34.23%, with APY boosted up to 13.60%. You can try vBNC loop stake here: https://app.bifrost.io/vstaking/vBNC?tab=loopstake
SLPx has been successfully integrated with Hyperbridge. vASTR, vGLMR, and vBNC can now be minted directly on Layer 2 networks. vDOT integration is coming soon.

Marketing

Bifrost released a new workshop video, exploring how to build LST Hooks on Uniswap v4. This session offered an in-depth look at how Uniswap's Hooks architecture enables a flexible, developer-centric playground.
Bifrost’s Community Manager, Thomas, traveled to Berlin to attend the three-day Web3 Summit, which brought together Web3 builders, researchers, and key Polkadot ecosystem contributors from around the world.
Bifrost officially launched a bug bounty program on Immunefi, focusing on critical protocol-level vulnerabilities. Rewards for valid exploits go up to $500,000. Target issues include unauthorized vToken minting, consensus-level attacks, governance bypasses, and more—aimed at identifying systemic risks through community-driven efforts.

Bug Bounty with Immunefi.png

Bifrost kicked off its Vietnam Week by hosting “DeFi Connect in Vietnam” in Hanoi. The event brought together DeFi OGs, developers, and ecosystem partners to share Alpha, forge new connections, and explore visions for the future of cross-chain liquidity.