Cross chain routing protocol
-
Multichain’s first quarter 10% handling fee has been deposited into the security fund, with a value of over $180000
On April 18th, Multichain, a cross chain routing protocol, announced that it had deposited a 10% cross chain handling fee of the first quarter into its security fund, approximately
-
Multichain surpasses $100 billion in total transaction volume
According to reports, official data shows that the total transaction volume of the cross chain routing protocol Multichain has exceeded 100 billion US dollars, with TVL reaching 1.76 billion US dollars. Multichain’s total cross chain transaction volume exceeded 100 billion US dollars Analysis based on this information:Multichain, a cross-chain routing protocol, has reported that its total transaction volume has exceeded $100 billion, indicating a significant surge in popularity for the network. It’s TVL or the total value locked, which represents the total number of assets on the network, has also surged to $1.76 billion. This data is official and indicates that investors worldwide have sought to utilize Multichain’s unique features, resulting in the phenomenal rise in the network’s transaction volume. Multichain’s cross-chain functionality allows different blockchains to connect with each other, which enables the movement of value and liquidity across multiple platforms seamlessly. Multichain’s protocol accomplishes this by providing a decentralized routing network that allows different blockchain protocols to communicate…
