Since its start, Multichain has dedicated itself to providing users with industry-leading cross-chain services. It is a multi-chain industry pioneer. In July 2020, Anyswap launched as a DEX protocol. As cross-chain interoperability technologies advanced, we understood that Anyswap could benefit its community more by meeting the rising demand for cross-chain interaction-focused protocols.
On this day last year, we formally changed our name to Multichain in order to demonstrate our dedication to meeting the requirements of the community. We have been the main proponent of the cross-chain economy ever since. With almost $90 billion on TVL spanning more than 3000 bridges, we are pleased to have reached this milestone and deeply appreciative of your support. Let’s take a look at what we did in the past year and what lies ahead for us and the multi-chain industry as we celebrate the first anniversary of Multichain.
A review of Multichain Q1 Our numbers increased.
In Q1, the Multichain ecosystem experienced remarkable growth. We added roughly 600 additional bridges covering 39 public blockchains and increased TVL by 700%. Additionally, we improved our router contracts to enhance the developer experience and optimised our bridges to enhance their conversion logic and transaction speed.

Source: Prnewswire