Yei Finance launches cross-chain settlement execution layer Clovis, with two rounds of pre-deposits sold out in 90 minutes and 30 minutes respectively

ChainCatcher reported that Yei Finance has announced the official launch of its cross-chain liquidation and execution layer product, Clovis. The first batch of pre-deposit quotas sold out within 90 minutes, and the second round of quotas sold out within 30 minutes, with deposits from over a thousand users.

According to official sources, the third wave of pre-deposit quotas is expected to open again next week. As the largest lending, DEX, and cross-chain integrated protocol by TVL on Sei, the core of Yei Finance's newly launched Clovis lies in building a cross-chain liquidation and execution layer in the DeFi sector. The goal is to break down barriers between chains and integrate cross-chain liquidity, thereby significantly improving capital efficiency.