CycleNetwork will be launching CycleUnit, a decentralized custody and settlement network focused on DEX.

BlockBeats News, September 29th, according to official sources, CycleNetwork will release CycleUnit, which is a decentralized custody and settlement network designed for all spot and perpetual DEX.

By integrating CycleUnit, DEX can achieve seamless on-chain deposit, withdrawal, and secure settlement of native assets, bringing a truly unified trading experience.

According to market data, CYC saw a short-term surge of about 10%, currently trading at $0.0539.