Owlto Finance has completed more than 110,000 cross-chain transactions in the past 24 hours, with a market share of 25%.

BlockBeats news, on July 23, according to DefiLlama data, the cross-chain interoperability protocol ranked first in cross-chain volume in the past 24 hours was Owlto Finance, with a market share of 25% and more than 110,000 cross-chain transactions. In addition, the top five cross-chain protocols and market shares in the number of cross-chain transactions in the past 24 hours were: IBC (market share of 13%), Orbiter Finance (12%), Across (11%), and Stargate (9%). The top five together accounted for more than 70% of the market share.

BlockBeats previously reported that Owlto Finance announced last week that it had completed a new round of financing with a valuation of US$150 million, with Matrixport and other investors participating. It has now launched a one-month Owlmazing Summer airdrop points event.