Pell Network protocol
Overview
Pell Network is a cross-chain interoperability protocol that extends Bitcoin's security to other networks through restaking. It allows Bitcoin holders to stake their assets to secure additional decentralized services and applications. The network uses a decentralized operator set to validate and relay transactions across multiple blockchains.
Within the DeFi Intel graph, Pell Network connects to 6 tracked entities, most strongly to Bitcoin, Binance, BOB.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 6 of 6 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Bitcoin | 85% |
deployed_on | Binance | 85% |
deployed_on | BOB | 85% |
deployed_on | Bitlayer | 85% |
backed_by | Hashkey Capital | 85% |
competes_with | Babylon Protocol | 70% |
Frequently asked questions
What is Pell Network?
Pell Network is a cross-chain interoperability protocol that extends Bitcoin's security to other networks through restaking, allowing Bitcoin holders to stake their assets to secure additional decentralized services and applications.
What chains is Pell Network deployed on?
Pell Network is deployed on Bitcoin, Bitlayer, BOB, and Binance.
Who backs Pell Network?
Pell Network is backed by Hashkey Capital.