$CLO TGE Kickstarts the Cross-Chain Liquidity Revolution with Binance Alpha and Binance Futures

Clovis, the cross-chain settlement layer constructed on high of Yei Finance’s confirmed infrastructure, is making ready to launch its native token $CLO by way of a mixed IDO which was bought out in minutes on Salior and TGE announcement with Binance Alpha and Futures taking place on October 14. The rollout will mark a significant inflection level in its efforts to unify liquidity throughout chains and remove one in all DeFi’s longest-running ache factors.

Today, the similar primitives – lending markets, DEXs, and bridges – are rebuilt chain by chain, working in isolation and leaving the majority of liquidity idle. Clovis is re-inventing DeFi with a hub-and-spoke mannequin the place settlement takes place in its primary software, whereas execution happens on related chains. The end result: one liquidity layer powering lending, swaps, bridging, and yield throughout ecosystems.

Clovis is the flagship product of Yei Labs, the crew behind Yei Finance, a protocol born out of the Sei Foundation’s DeFi ecosystem. YeiLend went on to surpass $300M in liquidity, generate $5.5M annualized income, and push over $240M in month-to-month buying and selling quantity on YeiSwap and $147M in bridge circulation by way of YeiBridge. Clovis takes Yei’s confirmed basis and expands it throughout chains.

“Liquidity is in every single place and nowhere at the similar time, and we’ve all had this drawback for years,” stated Austin, Co-Founder of Yei Finance. “Clovis routes belongings seamlessly throughout chains and unifies liquidity in a single app, delivering a considerably higher consumer expertise.” 

$CLO Token Launch

The $CLO token will launch with a complete provide of 1,000,000,000, distributed by way of each IDO and TGE codecs.

Airdrop recipients can have a 30-day declare window, with two non-obligatory declare modes, customers can determine what works finest for his or her technique:

• Immediate Claim: Receive 1× your allocation upfront, totally unlocked instantly.
• Extended Claim: Users can lock for 90 days and unlock 2.5× your allocation.
  Example: An airdrop of 1,000 $CLO turns into 2,500 $CLO if claimed by way of this feature.

Both choices can be found for all eligible customers. 

Token Allocation

“We designed tokenomics round utility, not hype,” stated Sushant, Co-Founder of Yei Finance.

“$CLO is the coordination layer for a cross-chain liquidity community.”

Roadmap Highlights

Clovis is rolling out in two levels. In This fall 2025, the crew will launch the $CLO token by way of its IDO and TGE, alongside the launch of cross-chain lending markets, a local decentralized bridge, and mainnet deployments throughout main EVM chains with LayerZero and Wormhole messaging assist. The subsequent section begins in Q1, 2026 with the launch of the Clovis cross-chain DEX and its personal messaging layer, adopted by growth into non-EVM ecosystems like Solana and Sui. That section additionally contains the introduction of yield vaults designed to place idle capital to work with out fragmenting liquidity.

What Clovis Solves in DeFi

Existing lending markets like Aave, Morpho, Euler, and Fluid nonetheless function in siloed deployments on every community. Borrow charges fluctuate wildly chain to chain, liquidity is fragmented, and the consumer expertise punishes anybody who isn’t chain-native.

DEX liquidity is equally scattered, with inconsistent pool depth and capital inefficiency throughout ecosystems.

Clovis consolidates these primitives into one system:

• Clovis Market: Cross-chain lending with world liquidity and unified rates of interest.
• Clovis Exchange: A DEX constructed on high of the lending layer utilizing interest-bearing LP belongings.
• Clovis Transport: A quick bridge that settles utilizing native liquidity buffers as an alternative of exterior relayers.
• Clovis Vaults: Yield methods that put idle capital to work with out fragmenting liquidity.

“Everyone talks about interoperability, however nobody has mounted the liquidity layer. We didn’t need one other bridge or forked lending market. We constructed the clearing layer that every thing else plugs into” stated Howard, Co-Founder of Yei Finance.

Why It Matters

With $CLO going reside, Yei Finance strikes from infrastructure build-out to growth into Clovis. The protocol is positioning itself as the spine for multichain DeFi, a community the place liquidity acts as one system, not a patchwork of remoted deployments.

More chains and integrations means deeper markets, higher charges, immediate settlement, and greater capital effectivity throughout ecosystems.

Further bulletins on the listings, and trade companions will comply with in the coming days.

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