The Kyber Network team announced via a blog post on Monday that it integrated Multichain. The integration is designed to bring even more ease and accessibility to KyberSwap users. Hence, Kyber Network users can now bridge their tokens assets from chain A to chain B in 1 single transaction, the team added.
Kyber Network is an on-chain liquidity protocol that aggregates liquidity reserves to allow instant and secure token exchange in multiple decentralized applications (dApps). KNC, the native token of the Kyber Network, is down by less than 1% in the last 24 hours and currently trades at $0.913.
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 1% in the last 24 hours and currently trades at $4.51.