Multichain · interactive mechanism simulation

Users lock assets on a source chain; an MPC node network signs a mint on the destination chain. Marketed as decentralized, but operational key control was concentrated with one founder. When he went dark, there was no fallback — and funds started moving out.
Source-chain user locks asset MPC node network 21 nodes signing Wrapped mint dest. chain CEO key control status: reachable Bridge treasury $7.0B locked
Bridge TVL
$7.00B
Mints completed
0
Chains supported
82
Suspicious outflows
$0
Parameters — edit me
10%
1.4/s
none
82
Controls

Illustrative simulation. Defaults mirror the researched Multichain mechanism (MPC lock-and-mint bridge, ~$7B peak TVL, 80+ chains, founder Zhaojun reportedly holding effective operational key control) and its 2023 collapse (~$126M in suspicious outflows after his detention), but transfer sizes, timing and outflow amounts are simplified for visualization — not live onchain data. Part of The Onchain Experiment Atlas.