The cross-chain interaction protocol deBridge has launched the deBridge Hooks feature to ensure instant data transfer between various blockchains in the decentralized finance ecosystem.
In an announcement dated October 8, deBridge noted that this new feature would be useful for developers and protocols in need of cross-chain communication.
With deBridge Hooks, users such as market makers can benefit from instant asset distribution, user registration and onboarding, as well as an improved user experience. This feature will enhance the efficiency of DeFi applications operating across different networks.
Applications operating on one network can receive deposits from another. For example, with deBridge Hooks, assets can be transferred from a lending protocol on Solana to the Ethereum network in one transaction, improving the success rate of operations.
Additionally, deBridge Hooks opens up new possibilities for risk management. Users will be able to quickly withdraw funds from one protocol and deposit them into another to minimize risks on platforms like Aave.