[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  DavidBrain [@IamDavidBrain](/creator/twitter/IamDavidBrain) on x 3097 followers Created: 2025-07-21 21:30:54 UTC The Polkadot relaychain has sent XXXXXXX transactions in total to other blockchains. Polkadot to Hydration XXXXXXX msgs Polkadot to Moonbeam XXXXXX msgs Polkadot to Bifrost XXXXXX Transactions with Hydration have been the highest so far. XCM is used in: Asset Teleportation: Where the movement of an asset happens by destroying it on one side and creating a clone of it in the recipient chain. This is similar to how SnowBridge works Reserve Asset Transfer: Is a trustless system, used to move tokens in networks that do not directly trust each other. So there is an intermediary who holds the assets and releases them when certain conditions are met by both parties. There are many other use cases for XCM, but I will stop here.💫  XXX engagements  **Related Topics** [bifrost](/topic/bifrost) [#bifrost](/topic/#bifrost) [coins defi](/topic/coins-defi) [coins bsc](/topic/coins-bsc) [coins lending borrowing](/topic/coins-lending-borrowing) [Post Link](https://x.com/IamDavidBrain/status/1947408972136530163)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
DavidBrain @IamDavidBrain on x 3097 followers
Created: 2025-07-21 21:30:54 UTC
The Polkadot relaychain has sent XXXXXXX transactions in total to other blockchains.
Polkadot to Hydration XXXXXXX msgs Polkadot to Moonbeam XXXXXX msgs Polkadot to Bifrost XXXXXX
Transactions with Hydration have been the highest so far.
XCM is used in:
Asset Teleportation: Where the movement of an asset happens by destroying it on one side and creating a clone of it in the recipient chain.
This is similar to how SnowBridge works
Reserve Asset Transfer: Is a trustless system, used to move tokens in networks that do not directly trust each other. So there is an intermediary who holds the assets and releases them when certain conditions are met by both parties.
There are many other use cases for XCM, but I will stop here.💫
XXX engagements
Related Topics bifrost #bifrost coins defi coins bsc coins lending borrowing
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