Owlto Finance ranks first with over 110,000 cross-chain transactions in 24 hours, and its market share reaches 25%.

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Odaily2024/07/23 06:09

By:Odaily

Odaily News DefiLlama data shows that the cross-chain interoperability protocol Owlto Finance has more than 110,000 cross-chain transactions in the past 24 hours, ranking first with a market share of 25%. In addition, the top five cross-chain protocols and market share data in the past 24 hours are as follows: IBC (market share is 13%), Orbiter Finance (12%), Across (11%), Stargate (9%), and the top five have a total market share of more than 70%. Last week, Owlto Finance announced on the X platform that it had completed a new round of financing with a valuation of US$150 million, with participation from Matrixport, BIXIN Ventures, Presto and other institutions.

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