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Owlto Finance's 24-hour cross-chain transactions exceed 110,000, ranking first with a market share of 25%

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Odaily
338Words
Jul 22, 2024

Odaily Planet Daily News According to DefiLlama data, the cross-chain interoperability protocol Owlto Finance has processed over 110 thousand cross-chain transactions in the past 24 hours, ranking first with a market share of 25%. In addition, the top five cross-chain protocols by the number of transactions and market share in the past 24 hours are as follows: IBC (market share of 13%), Orbiter Finance (12%), Across (11%), Stargate (9%), with the top five accounting for over 70% of the market share. Last week, Owlto Finance announced on X platform that it had completed a new round of financing at a valuation of 150 million USD, with participation from Matrixport, BIXIN Ventures, Presto, and other institutions.

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