The leading protocol of the Sei ecosystem, Yei Finance, announced the launch of the cross-chain clearing execution layer Clovis, with the initial deposit quota selling out quickly within 90 minutes.

According to Deep Tide TechFlow news, on August 29, Yei Finance, a leading protocol in the Sei ecosystem, announced the official launch of its disruptive full-chain clearing and execution layer product Clovis. This product aims to redefine the new standards of cross-chain liquidity, with the first batch of deposit quotas being filled within just 90 minutes. The next deposit window will open on September 1.

It is reported that Yei Finance, as the largest lending, DEX, and cross-chain integrated protocol on Sei, has launched Clovis, which focuses on building a full-chain liquidation and execution layer in the DeFi field. The aim is to break down inter-chain barriers and integrate full-chain liquidity, thereby significantly improving capital efficiency. The innovation of Clovis lies in its unique "liquidation layer + lightweight Vault" mechanism. This architecture can aggregate decentralized liquidity from multiple blockchains, achieving "one asset with multiple chain yields, one deposit enabling multiple scenarios", fully supporting various application scenarios such as lending, trading, and cross-chain bridging.