Taiwanese cross-chain aggregator XY Finance becomes the first to support Cronos cross-chain transactions

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Taiwanese cross-chain aggregator XY Finance becomes the first to support Cronos cross-chain transactions

The cross-chain aggregator XY Finance has integrated with the Cronos mainnet today. XY Finance is the first project on Cronos to support cross-chain transactions for any type of cryptocurrency. Cronos is an EVM-compatible chain developed by the well-known Singapore-based cryptocurrency exchange Crypto.com in the second half of last year. According to data from DeFi Llama, the total value locked (TVL) on the Cronos chain has reached $2.27 billion, propelling it into the top ten ranking of public chains. XY Finance is the first cross-chain trading aggregator to support the Cronos ecosystem, aiming to accelerate the expansion of the DeFi ecosystem and the metaverse.

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About XY Finance

Decentralized cross-chain trading and liquidity aggregator XY Finance aims to provide users with efficient cross-chain exchange services in the simplest process and at the most favorable prices. The XY Finance platform supports two products, X Swap and Y Pool, where X Swap offers users cross-chain transfer and exchange services, and Y Pool provides liquidity. XY Finance also launched the GameFi project GalaXY Kats, which sold 10,000 NFTs at the end of last year, and is expected to begin closed testing of its chain game this quarter.