Solflare Launches Bridge: Permanent Deposit Addresses for Eight Chains
Solflare introduces a bridge feature with Aurora: users get permanent deposit addresses and send assets from Bitcoin, Ethereum, and six more chains straight into their Solana wallet — like depositing to an exchange.
What Happened
Solana wallet Solflare has launched a bridge feature together with Aurora. The core: users get permanent, reusable deposit addresses. Anyone who wants to bring assets to Solana from another chain simply sends them to that address — the way you deposit to an exchange — and receives the chosen token directly in their Solflare wallet.
At launch, eight source chains are supported per the announcement: Bitcoin, Ethereum, Arbitrum, BNB Chain, Polygon, Tron, NEAR, and Base. More networks are planned.
What It Changes
The traditional route via classic bridges takes several steps: connect a wallet, pick a route, approve multiple transactions. The fixed deposit address replaces that with a single transfer from any wallet. Per the announcement, funds from EVM chains typically arrive in under a minute, from Bitcoin in around 14 minutes.
The fees: 0.1 percent for stablecoin-to-stablecoin transfers, 1 percent for all other assets — calculated on the received token. For the first 30 days after launch there are no fees; the waiver is capped at $125,000 in total.
The Mechanism in Context
A fixed deposit address is a familiar pattern from the exchange world; what’s new here is applying it to self-custody wallet onboarding. How wallets and custody relate in principle is covered in How a Solana Wallet Works.
Note: This is reporting, not investment advice.
What to Watch
- Which additional source chains get added
- Whether other Solana wallets follow with comparable deposit flows
- How the fee model holds up after the 30-day launch phase
Sources
- Aurora / Solflare — Press release on the bridge launch
- CCN — Launch coverage