what's symbiosis finance?
Symbiosis Finance is a cross-chain liquidity aggregation protocol designed to facilitate seamless token swaps across multiple blockchain networks. It aggregates liquidity from various sources to provide users with the best rates for transferring assets between chains, eliminating the need for wrapped tokens or centralized intermediaries. The protocol supports direct any-to-any swaps, enabling efficient movement of tokens like stablecoins, native assets, and ERC-20 tokens across ecosystems such as Ethereum, Polygon, BNB Chain, Avalanche, and many others. At its core, Symbiosis operates through a modular architecture that combines on-chain and off-chain components for optimal routing. It integrates with DEX aggregators and bridges to minimize slippage and fees while ensuring security via audited smart contracts. Users interact via a unified interface where they select source and destination chains, and the protocol handles the routing, including liquidity provision and cross-chain messaging when necessary. The protocol's native token, SIS, plays a role in governance and incentives, allowing holders to participate in decision-making and earn rewards from liquidity provision. Symbiosis continues to expand its network coverage, now connecting over 50 blockchains, fostering interoperability in the DeFi space.
Symbiosis Finance enables cross-network token swaps, notably APE integration.
Links
x.com/symbiosis_fiIntegrated with Symbiosis to enable cross-network token swaps for APE.
A trader publicly announces migrating bridge transactions away from Symbiosis to privacy-focused competitor Confidential Layer ($CLONE), which launches its TGE tomorrow and offers revenue sharing from bridge fees to token holders.
Integration with SEI Network adds Symbiosis bridging to their infrastructure stack.
Integration with Binance Wallet is now live, adding Symbiosis as an available dApp within the wallet platform.
Integration with Rango Exchange enables cross-chain routes to Soneium (Sony's EVM-native blockchain) through Symbiosis, alongside Across and Stargate v2.
Integration with EVAA Protocol (TON's largest DeFi protocol with $1.4B in transaction volume) enables cross-chain swaps for $EVAA token between TON and BNB Chain.
SYMM token airdrop announced with 30% immediate distribution and 70% vested over 6 months for eligible traders.
New Arbitrum Nitro-based blockchain launched with $SIS as gas token; PoS staking coming soon.
Integrated into HyperLiquid ecosystem with A-Tier ranking for one-click cross-chain swaps.
Mint scheduled for Monday November 18th at 18:00 CET. 80 1:1 pieces priced at 650 USD (approximately 0.21 ETH). First come first served basis. Collaboration with Mercedes-Benz NXT.