Safe but unused—Novaswap’s cross-chain narrative ultimately didn’t take off. Users’ funds exited without loss, which is at least decent, but before the team disbanded, they were still on Discord until the end of July, and that’s a little sad.

Crypto界 News: Wu Shuo learned that mynth posted on X to announce that it will gradually cease operations and will stop all business at 23:00 on June 30 (UTC), while also discontinuing support for the hosting infrastructure used to run novaswap. mynth said its original goal was to build a safer cross-chain interoperability protocol. Its product novaswap supports cross-chain swaps, but current usage has not reached the level required for sustainable operations and continued expansion, and in the future it will also be unable to maintain the previous pace of innovation or expand to more blockchains. mynth stated that users’ funds remain secure and non-custodial, and no action is required from users before operations are shut down; cross-chain swaps can still be processed normally. The team will provide support on Discord until the end of July.