The Multichain team announced via Twitter on Sunday that it has hit an important milestone. The team revealed that the cross-chain trading volume on Multichain has reached $90 billion. Multichain is now targeting the $100 billion milestone.
Multichain, previously known as Anyswap, is a decentralized cross-chain swap protocol and bridge infrastructure. The Multichain platform supports multiple blockchains, which enables users to swap and bridge tokens across numerous chains on one platform.
MULTI, the native token of the Multichain ecosystem, is down by 3% in the last 24 hours and currently trades at $3.23.