Relay's Mesh now accepts payment from 300+ wallets and exchanges, letting merchants receive a single asset on a single network regardless of which chain or wallet the customer pays from. Whether the payer uses a wallet or a deposit address, the same underlying rail processes the transaction — "any chain in, one currency out."
Relay shipped an Observability tab that charts request volume for each of your API keys, broken down by endpoint and status code. Users can see how much headroom they have on every endpoint and pinpoint which endpoint a change in traffic is coming from.
Crosschain zaps are now live on the Portals Explorer, running on Relay's network. Users can start from any token they already hold on any supported chain and zap directly into the position they've selected, removing the need to manually bridge or swap before entering a vault or strategy.
Relay closes a $17M Series B led by Archetype and Union Square Ventures, and simultaneously launches Relay Chain — a purpose-built settlement layer for instant cross-chain execution. The protocol reports 100M+ transactions and $20B+ in cumulative volume.
Reservoir officially sunsets its original NFT infrastructure business, completing the full strategic pivot to Relay as the company's sole focus.
Relay unveils a new brand identity and positions itself as a 'multichain payments' network, reporting 5M+ users, 55M+ transactions, and $6B+ in volume across 75+ networks since launch.
USV leads a $14M round with participation from Coinbase Ventures, Variant, Archetype, and others. The raise marks Reservoir's strategic pivot from NFTs to its Relay cross-chain payments infrastructure.
Built by the Reservoir team, Relay goes live as an intent-based cross-chain protocol enabling instant, low-cost bridging and execution across Ethereum and major L2s, initially in a trusted single-relayer mode.
Peter Watts founds Reservoir, building NFT data and trading APIs. The company raises a $2M pre-seed led by Variant (2021) and a $10M seed led by Archetype (late 2022), serving clients like Coinbase, MetaMask, and OpenSea.