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

according to DefiLlama data, the cross-chain interoperability protocol with the highest cross-chain volume in the past 24 hours is Owlto Finance, which has a market share of 25% and over 110,000 cross-chain transactions. In addition, the top five cross-chain protocols by transaction volume in the past 24 hours and their market shares are: IBC (market share of 13%), Orbiter Finance (12%), Across (11%), and Stargate (9%), with the top five collectively holding over 70% of the market share.

Previous news, Owlto Finance announced last week that it completed a new round of financing with a valuation of $150 million, with participation from Matrixport and others, and has now launched a one-month airdrop points event called Owlmazing Summer.