Cross-chain lending protocol Pike Finance launches cross-ecological liquidity solution Pike Purple
According to official sources, cross-chain lending protocol Pike Finance has announced the launch of cross-ecosystem liquidity solution Pike Purple, aimed at solving the fragmentation of DeFi liquidity in both EVM and non-EVM ecosystems. Pike Purple will support cross-ecosystem lending, borrowing, swapping, and transferring without the need for bridging/wrapping, and will support EVM and non-EVM ecosystems such as Solana, Sui/Aptos, Cosmos, etc. Using Pyth Network's price-feeding service, USDC+ pool allows cross-chain and ecosystem token exchange and transfer. Pike Finance stated that development work is currently underway and is expected to be publicly tested on the financial Monad testnet later this year.
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