News with the tag "Orbiter Finance"

In this episode of Cointelegraph’s Hashing It Out podcast, host Elisha Owusu Akyaw explores cross-chain protocols and multichain ecosystems with Keer Lau, ecosystem growth lead at Orbiter Finance.

The Orbiter Finance team announced that the cross-chain bridge had earned over $52 million in annual revenue. According to Orbiter’s official website, the protocol had nearly 4 million global users, an overall transaction volume of over $16B, and processed over 27 million transactions.

SwirlLend, a DeFi lending platform, has been rugged on Base, as PeckShield reported. The project suffered a rug pull today that led to the total volume of its assets falling from $784,300 to $49,200. Shortly after the rug pull, the protocol’s official accounts on X, Telegram, GitHub, and Discord cha...