Owlto Finance Unveils Omni-Chain Liquidity Solution to Address DeFi Fragmentation

Owlto Finance introduces omni-chain liquidity intent decentralized trading to tackle DeFi fragmentation

Recently, cross-chain interoperability protocol Owlto Finance released its white paper, proposing Omni-Chain Liquidity Intent Decentralized Trading. It aims to integrate liquidity across multiple blockchains with intent-driven technology, tackling the liquidity fragmentation issue in Web3 caused by the proliferation of various L1/L2s. Owlto Finance integrates liquidity across various blockchains with its "Bridge + Swap" services Liquidity in DeFi fragments, as it dispersed among numerous layer-2/layer-1 networks. This fragmentation leads to intricate cross-chain transactions, long wait times, and high trading costs, hindering asset efficiency. The interoperability protocol Owlto Finance tackles this by unifying omnichain liquidity with its "Bridge + Swap" services, facilitating liquidity flow between 50+ networks across ecosystems such as Ethereum, Bitcoin, and Solana. More integrated chains mean higher interoperability, especially when bridging diverse ecosystems and linking EVM and Non-EVM heterogeneous chains, enabling fund transfers with minimal slippage from Chain A to Chain B. As a result, Owlto has processed approximately 8 million transactions with a peak market share of 33% in the cross-chain field according to DefiLlama, boasting a total user base exceeding 2 million across 200 countries and regions. Omnichain liquidity roadmap Currently, Owlto Finance is enhancing its protocol to achieve intent-driven omnichain liquidity trading with intact decentralization and unique security mechanisms. The protocol utilizes smart contracts, zero-knowledge proofs, and AI technology, to construct an efficient and secure cross-chain transactions platform. The goal is to simplify cross-chain operations and offer users experience with the least cost and time, making the trading experience just like operating on a single chain. Users only need to express their trading intent, and the protocol will optimize execution paths maximizing omnichain liquidity utilization efficiently with AI. Krystal, the co-founder, stated: "As a leading cross-chain pioneer, Owlto became the No.1 bridge within a year. The release of this whitepaper is a significant step forward for Owlto using advanced AI tech to revolutionize liquidity challenges in crypto. We're bridging the cross-chain liquidity gaps to connect the world." Intact decentralization and security: zk-proofs and node operations In Web3, decentralization and security are fundamental principles, yet security and privacy challenges persist, notably in cross-chain transactions. DefiLlama data shows over $2.8 billion stolen from cross-chain bridges, comprising 40% of total Web3 losses, while on-chain transparency can expose user intents, risking privacy. Owlto Finance introduced zero-knowledge proofs (zk-proofs) and node operations to ensure the safety of assets and the protection of privacy. ZK-proofs ensure that the verifiers can confirm that user intent has been executed correctly without knowing the specific transaction information, preserving privacy, and safeguarding against MEV attacks. To reduce single-point failures and enhance the security of asset flow between different networks, Owlto's node operations use a staking mechanism based on decentralized consensus. The protocol introduced diverse node incentive mechanisms and strict node penalty mechanisms to improve the overall stability and security of the system. AI technology enables intent-driven omnichain liquidity trading Owlto's intent-driven trading model diverges from traditional methods by eliminating the need to specify transaction paths. The protocol autonomously selects the most efficient path to fulfill users' desired outcomes at minimal cost and time, simplifying the trading process. To enable this high degree of automation, the protocol nodes will evaluate various liquidity providers spanning various blockchains, such as decentralized exchanges (DEXs) and market makers. Subsequently, using intelligent routing and AI algorithms, the nodes will select the optimal cross-chain liquidity path to ensure that the transaction outcome aligns with the user's intent. Once the optimal routing is determined, the transaction will be executed by splitting the trade into smaller amounts to access high-quality liquidity. AI technology is vital to realize intent-driven trading. The protocol utilizes AI algorithms to analyse historical data and real-time market conditions to predict shifts in liquidity, adjusting liquidity pool configurations in advance. Meanwhile, by optimizing trading paths through AI algorithms to find the best trading paths, users are ensured to obtain the highest quality liquidity with minimal transaction costs and time. Furthermore, the AI conducts comprehensive analyses to provide users and developers with insights into market dynamics and liquidity conditions. About Owlto Finance Owlto Finance is an intent-centric interoperability protocol, "Bridge the World with AI Agent". Owlto provides cross-chain bridging services across 50+ various blockchains within the BTC, ETH, and SOL ecosystems. With 2 million users in over 200 countries and regions, it ranks in the top three on DefiLlama based on the 24-hour number of transactions, reaching a peak market share of 33%. Owlto has completed two rounds of funding, totaling nearly tens of millions of US dollars, with a valuation of $150 million, backed by investors such as Matrixport, Bixin Ventures, CEIC, Presto Labs, Skyland, Hailstone, GSR, and others.

Owlto Finance Introduces Omni-Chain Liquidity Solution for Secure and Efficient Cross-Chain Trading - Decrypt

British Virgin Islands, British Virgin Islands, October 30th, 2024, Chainwire The rapid expansion of DeFi is being met with an increasingly fragmented liquidity landscape. While numerous Layer-2 networks have emerged to address Ethereum's scalability, ecosystems such as Solana, Ton, Tron, and Binance Smart Chain are similarly experiencing a proliferation of Layer-2 solutions. This dispersion of liquidity across multiple blockchains has led to issues like increased slippage and missed trading opportunities. Cross-chain bridges offer some solutions to these challenges, but users often encounter delays and complex interfaces, which hinder a seamless experience. To support a more interconnected Web3 ecosystem, an effective mechanism for consolidating liquidity across blockchains is needed. Owlto Finance's Whitepaper: An Omnichain Liquidity Solution To tackle this challenge, cross-chain interoperability protocol Owlto Finance unveiled its white paper, introducing Omni-Chain Liquidity Intent Decentralized Trading. It aims to integrate omnichain liquidity to simplify cross-chain operations and bolster trading efficiency and security by utilizing intent-driven technology, AI, smart contracts, zero-knowledge proofs, etc. Integrating Omnichain Liquidity Through Bridge + Swap Services Owlto Finance tackles this by unifying omnichain liquidity with its "Bridge + Swap" services, facilitating liquidity flow between 50+ networks across ecosystems such as Ethereum, Bitcoin, and Solana. Currently, Owlto has processed approximately 8 million transactions with a peak market share of 33% in the cross-chain field according to DefiLlama, boasting a total user base exceeding 2 million across 200 countries and regions. Enhanced Security and Privacy with Zero-Knowledge Proofs and Node Operations In Web3, decentralization and security are key, but issues persist in cross-chain security and privacy. DefiLlama data shows over $2.8 billion stolen from cross-chain bridges, comprising 40% of total Web3 losses, while on-chain transparency can expose user intents, risking privacy. Owlto Finance addresses this with zero-knowledge proofs and node operations for asset safety and privacy protection. ZK-proofs ensure that the verifiers can confirm that user intent has been executed correctly without knowing the specific transaction information, preserving privacy, safeguarding against MEV attacks. Node operations effectively mitigate single-point failures and enhance the security of asset flow between different blockchains. The mechanism relies on decentralized consensus and a staking mechanism. Diverse node incentive mechanisms and strict node penalty mechanisms are used to deter malicious behavior and promote trustworthy and efficient node operations. Furthermore, Owlto enhances the efficiency, security, and user experience of cross-chain trading, with specific measures including simplified cross-chain communication, double signing, trading confirmation optimisation, and scalability improvement with modular architecture. Utilize AI for Intent-Driven Omnichain Liquidity Trading Owlto's innovative intent-driven trading model simplifies transactions by autonomously selecting the most efficient paths for users without requiring specific route instructions. The protocol evaluates diverse liquidity providers across blockchains, like DEXs and market makers, using intelligent routing and AI algorithms to optimize cross-chain liquidity paths based on user intent. By splitting trades into smaller amounts for better liquidity access, users benefit from cost-effective and timely transactions. AI technology is crucial in this process by analyzing historical and real-time data to predict liquidity shifts and adjust pool configurations. Through AI-optimized trading paths, Owlto ensures users access top-quality liquidity, with minimal costs and time. Additionally, the AI provides insights on market dynamics and liquidity conditions for users and developers. About Owlto Finance Owlto Finance is an intent-centric interoperability protocol, "Bridge the World with AI Agent". Owlto provides cross-chain bridging services across 50+ various blockchains within the BTC, ETH, and SOL ecosystems. With 2 million users in over 200 countries and regions, Owlto is known for being safe, fast, low-priced, and easy-to-use. It ranks in the top three on DefiLlama based on the 24-hour number of transactions, reaching a peak market share of 33%. Besides, Owlto has completed two rounds of funding, totaling nearly tens of millions of US dollars, with a valuation of $150 million. Investment institutions include Matrixport, Bixin Ventures, CEIC, Presto Labs, Skyland, Hailstone, GSR, and others. Disclaimer: Press release sponsored by our commercial partners.