On Tuesday, the Wormhole team announced via X that $cgETH.hashkey & $clBTC are now natively multichain, powered by Wormhole NTT. Cygnus expands $cgETH.hashkey and $clBTC from Ethereum to Optimism, Base, and Arbitrum, enabling seamless multichain token functionality while unifying liquidity across chains.
Cygnus is a modular real-yield layer, combining EVM and non-EVM ecosystems through their Liquidity Validation System (LVS). With Wormhole NTT, Cygnus advances by cutting liquidity fragmentation while maintaining control over token ownership, metadata, and upgradeability.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.1600, down 7% in the last 24 hours.