A decentralized coins bridge protocol designed to facilitate secure and efficient cross-chain transfers.
Setu is a decentralized stablecoin bridge protocol designed to facilitate secure and efficient cross-chain transfers between EVM and non-EVM blockchains. Built on Internet Computer Protocol (ICP), Setu leverages threshold cryptography within decentralized canisters, eliminating the need for centralized relayers or custody.
How tokens flow securely across different blockchains in the Setu protocol
Deposit
User deposits coins on the source chain
Detection
Indexer detects the deposit event and confirms it
Release
Equivalent tokens are released on the destination chain
Signature
Decentralized canisters generate threshold signatures
Setu bridges multiple blockchain ecosystems, enabling seamless coin transfers
Non-EVM Chains
EVM-Compatible Chains
And many more to come...
Liquidity Pools
Liquidity pools for various chain pairs are currently in development. Earn rewards by providing liquidity on popular routes.
Security
Private keys are never exposed or stored
Signatures are generated inside threshold signer canisters
Transactions are only signed after verifying on-chain events
Recovery
Users can initiate a manual refund process if a release transaction fails. The Setu team will verify the claim and initiate a refund from the admin wallet.
Coming Soon: Automated recovery system will allow users to recover funds without manual intervention.
Roadmap
May 2025
Stellar Launch
June 2025
APY Pools Launching
July 2025
Dashboard & Node Deployment
August 2025
Sui Integration
September 2025
Aptos Integration
October 2025
Become a Signer Node Program
November 2025
Move VM Support
December 2025
Cache Runner with UATU
January 2026
Governance Token Launch
February 2026