Poly Network Review: Is the Bridge Safe to Use?
Poly Network is a cross-chain bridge, but its current operating status, fees and safe way to get started are unclear. Its history includes a major 2021 exploit, so don’t send funds without first verifying the bridge is active and secure.
By the SkyBitcoins review team · Updated
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At a glance
Poly Network key facts
| Type | Cross-chain bridge |
|---|---|
| Networks | Multiple listed, including Ethereum and BNB Chain |
| Token | None listed |
| Security history | Major exploit reported in 2021 |
| Audits | 2 audits listed |
| Updated |
Poly Network FAQs
What is Poly Network?
Poly Network is a cross-chain protocol designed to move tokens between different blockchains. Its listed network integrations include Ethereum, BNB Chain, Polygon, Avalanche and others, but current support may differ.
Was Poly Network hacked?
Reporting on the 2021 exploit put the amount stolen at more than $600 million. Later reporting said the hacker returned nearly all the assets, but that does not establish the bridge’s current security or operating status.
What fees does Poly Network charge?
Poly Network’s fees and current withdrawal or transfer limits are not published. Check the exact costs and confirm the bridge is operating before you approve a transaction.
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How we checked
Sources
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