Owlto Finance 2024 Recap
In 2024, Owlto Finance experienced remarkable growth and innovation, underscored by
- Significant social media presence: 360K followers on Twitter, 173K on Discord, and 88K on Telegram.
- An expansion of offline branding exposure: Bitcoin Asia in HK, KBW in Korea and Token 2029 in Singapore, etc.
- Massive product developments & upgrades: thrived as we enhanced our cross-chain bridging services to encompass over 70 blockchains within the BTC, ETH, SOL, and AVAX ecosystems. We also integrated with 25 networks on the Owlto DEX aggregator.
- Achievement on the financial front: we successfully raised $8 million in our first funding round, achieving a valuation of $150 million in our second round, reflecting strong investor confidence.
- Technical accomplishment: we published our white paper introducing the Omni-Chain Liquidity Intent Decentralized Protocol, which aims to leverage AI to enhance liquidity in DeFi, positioning Owlto for a promising future.
As we close out 2024, Owlto Finance has achieved many significant milestones. Let’s review the monthly highlights from the past year, showcasing our progress in branding, product development, and technical innovations. These achievements set a strong foundation for our continued growth and success.
Jan:
- Achieved over 2M daily check-ins during January, while integrated BTC L2s and Circle’s CCTP
Feb:
- Expanded bridging services to 150+ countries/religions with an average of 80K+ DAU.
Mar:
- Surpassed 1.5M total addresses within 10 months, expanded the payment options to include USDC/USDT alongside ETH for bridging fees.
Apr:
- Expanded global users reach 200+ countries, ranked №1 bridge in the BTC ecosystem with 1.5M+ txs, and integrated with Solana ecosystem.
May:
- Raised $8M in strategic funding and earned an “AA” rating from CertiK.
Jun:
- Ranked as the №1 bridge on DefiLlama with 80k daily transactions (based on 24hr # of txs), gained 300K Twitter followers, and became the most trending dApp on OKX Web3.
Jul:
- Raised funds for the second strategic round at a $150M valuation
- Achieved 25% market share as the №1 bridge on DefiLlama (24hrs # of Txs)
- Passed @SlowMist_Team smart contract security audit
Aug:
- Achieved the №1 position with 33% market share on DefiLlama (24hrs # of Txs)
- Hosted Owlmazing Summer Campaign: 145k Owltors have joined with 950k+ bridging transactions
Sept:
- Launched Swap function to be a Dex Aggregator, supporting 13 networks, becoming the one-stop gateway for DeFi.
- Hosted Owlto X Binance Web3 Wallet airdrop campaign with @Web3WithBinance
- Telegram and Twitter community has grown to over 70k and 330k Owltors respectively!
Oct:
- Published the whitepaper to introduce Owlto’s Omni-chain Liquidity Intent Decentralized Protocol
- 100k+ bridging txs completed & 200k+ smart contracts deployed on @unichain testnet!
- 30k+ bridging txs completed via Owlto to Eclipse within one week
Nov:
- Launched Owlto Ambassador Program III
- Participated in BOB x OKX Wallet Cryptopedia campaign
Dec:
- Added Solana on Owlto Dex Aggregator
- Become the officially supported 3-party bridge in Morph Season 2
- Owlto’s Lucky Trailblazer campaign has ended with 91K+ txs on @taikoxyz
About Owlto Finance
Owlto Finance is an Omnichain Liquidity Decentralized Intent protocol that aims to “Bridge the World with AI Agent.” It offers cross-chain bridging services across over 70 blockchains within the BTC, ETH, SOL, and AVAX ecosystems. Its sophisticated Omnichain Dex aggregator allows for seamless swapping across around 20 networks. Owlto is recognized for being “Safe, Fast, Low-priced, and Easy to use.”
With a strong on-chain presence, Owlto Finance has attracted 2.25 million users and processed 8 million transactions across more than 200 countries. The platform has built a vibrant community, with over 90,000 Telegram members, 400,000 Twitter followers, and 185,000 Discord users. Owlto is recognized for being “Safe, Fast, Low-priced, and Easy-to-use,” earning recommendations from over 100 partners, including Arbitrum, Optimism, and Binance Web3 Wallet, etc.
Owlto Finance is valued at $150 million and supported by notable investors like Matrixport and Bixin Ventures. This backing reflects strong confidence in its potential to improve cross-chain liquidity and user experiences in decentralized finance.
Website: https://owlto.finance/
Twitter: https://twitter.com/Owlto_Finance
Discord: discord.gg/owlto