Clovis
CLOCross-chain DeFi clearing layer
Buổi biểu diễn
Chỉ số Phổ Biến RD
Chỉ số Tăng Trưởng RD
So sánh
Nhà phát triển
Theo dõi danh sách
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Về Clovis
Clovis (CLO) is a cross-chain clearing and settlement layer launched by Yei Finance, using a hub-and-spoke architecture that unifies lending, swapping, bridging and vaults behind a single interface. The system uses Sei as the hub and connects spokes such as BNB Chain, Base and Ethereum, with Wormhole's NTT (Native Token Transfer) enabling a unified CLO representation and cross-chain clearing. The design lets the same collateral and liquidity be shared and scheduled across networks instead of deploying isolated pools per chain.
Narratively, Clovis is positioned as a multi-chain unified clearing backend, extending Yei Finance's lending and liquidity business on Sei. Public data recorded a peak total value locked above $400M on Sei, illustrating the scale of aggregated liquidity under the hub model. The clearing layer handles collateral positions and settlement requests from different ecosystems, which distinguishes it from single-chain lending protocols.
Rebrand and price action: Yei Finance disclosed its rebrand to Clovis and pivot to a cross-chain liquidity layer in early June; CLO rebounded from a February low near $0.05 to $0.27, up 307.6% in 30 days with a $35.3 million market cap, and traded at $0.1191 on July 27 with a market cap near $15.4 million against a $119.1 million FDV on 129.1 million circulating of a 1 billion cap (about 12.9%).
Protocol data: TVL fell from a peak near $400 million in mid-2025 to about $5 million by June 2026, down 98.75%; quarterly fees dropped from over $3.35 million in 2025 to roughly $76,000 in Q1 2026; the BSC contract 0x81D3A2...89D2 shows about 38,209 holders.
Yei Labs opened the private mainnet of Clovis on October 14, 2026, folding cross-chain deposits, transfers and collateralized borrowing into one account: users deposit on a supported chain, move assets across, then borrow on Base through Morpho markets while the vault position posted as collateral keeps earning. It is a step from Yei Finance's single-chain lending and bridging on Sei toward a multi-chain clearing layer, starting with Base, BNB Chain, Ethereum and Sei, with vault funds spread across Morpho, Aave, Euler and Fluid.
Future strategy and roadmap: A product called Clovis Prime is building margin linkage that lets a yield-bearing vault position top up a perpetuals account, starting with BTC perpetuals on Hyperliquid and letting users set the top-up threshold and a cap on funds the trade can draw. More borrow markets will follow each vault strategy.