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Bridged vs native supply

Chains & bridging

Native supply is minted by the issuer directly on that chain. Bridged supply is a wrapped claim whose safety depends on the bridge, not the issuer.

A bridged token inherits every risk of the bridge that holds the locked collateral. Bridge exploits have produced permanent losses on tokens whose issuers were entirely solvent.

Native issuance removes that layer: redemption runs straight back to the issuer with no intermediate custodian.

Attribution caveat: upstream data often reports bridged balances against the destination chain, so per-chain figures can overstate native presence.

Why it matters

Two positions in 'the same' token on different chains can carry entirely different risk.

See it in action

Related terms

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