The Symbiosis Finance liquidity protocol reported total cross-chain swap volume of $500 million.
According to project representatives, the main networks for swaps were zkSync, Arbitrum, Polygon and BNB Chain.
A significant influx of users followed the Multichain incident — due to an alleged exploit, the cross-chain protocol paused the platform’s operation.
In the near future, Symbiosis will also integrate the main networks Linea and Mantle as soon as they are officially launched.
Earlier, the protocol developers integrated the native SIS token into BNB Chain. According to them, the asset will preserve functionality on the new blockchain: the veSIS logic, distribution of rewards for farming and participation in voting through the Symbiosis DAO.
Back in late 2022, the Symbiosis Finance team announced the launch of the second version of the beta mainnet.