Mynth: Novaswap will cease operations on June 30

Foresight News reported that multi-chain trading protocol Novaswap's developer Mynth announced on Twitter that it will cease Novaswap operations on June 30. According to the official statement, although the protocol performed well in terms of security and functionality, actual market demand for a fast and secure cross-chain experience has not supported continued expansion. The team explored multiple possible paths but ultimately decided to shut down. All user funds remain non-custodial and safe, with no action required. The swap function will remain available until June 30, and Discord support will continue until the end of July.