ChainCatcher news, according to official sources, the cross-chain DeFi protocol EYWA announced on platform X that it has completed a new round of financing, with participation from 1inch co-founder and Kenetic Fund. The specific amount has not been disclosed, but to date, the company's total financing has reached 8.5 million USD.It is reported that EYWA previously secured 7 million USD in financing in May this year, led by Curve Finance founder Michael Egorov, with participation from Fenbushi Capital. In addition, it also received a 500,000 USD grant from the TON Foundation. The new funds are intended to support the development of its low-slippage DEX product CrossCurve.

According to ChainCatcher news, monitored by Lookonchain, 1inch co-founder Anton Bukov unlocked approximately 25,000 ILV (worth about $1.86 million) 7 hours ago, and sold about 15,000 ILV at a price of $73.36, exchanging it for 1.11 million USDC, causing the ILV price to drop by 3%.

ChainCatcher news, 1inch co-founder Sergej Kunz stated that the previous sale of 11,000 ETH (approximately $21 million) by 1inch was used to test new features in Fusion mode, which allows setting the duration of trades and the starting and ending auction amounts using custom presets. This strategy is very helpful for rebalancing assets (for DAOs, hedging, and investment funds). Trades will be executed based on results, with better average rates compared to simple market swaps.Previous report, according to DeBank data, the address starting with 0x225d, marked as "1inch: Investment Fund," removed two Uniswap V3 LPs about 10 hours ago, receiving approximately 11,000 ETH. It then converted the ETH to WETH and subsequently exchanged it for DAI in several transactions, converting all DAI into the interest-bearing token CHAI previously launched by MakerDAO, currently holding about 26.78 million CHAI. (Source link)