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Glyph Exchange and Bitflux Finance have merged, and the new brand Molten Finance has officially launched.
[Coin World] On August 8, news came that the largest BTC-Fi DEX, Glyph Exchange, has completed its merger and restructuring with Bitflux Finance and officially launched under the new brand Molten Finance. This acquisition and restructuring marks another key milestone in the construction of Bitcoin financial infrastructure on the Core chain.
Molten Finance will inherit the existing technology and user system of Glyph Exchange, and introduce a more forward-looking protocol architecture, combining a DEX-style modular AMM mechanism with a stablecoin liquidity pool design similar to a certain platform, aimed at providing efficient, stable, and scalable trading solutions for both retail users and institutional clients.
The new super platform will fully support Bitcoin and its derivative asset trading, the circulation of compliant stablecoins, and the access of on-chain RWA, building a BTC-Fi multi-asset liquidity center. The liquidity positions and token assets of original Glyph users will be seamlessly migrated to the Molten platform, ensuring operational continuity and asset security.
Molten Finance will serve as the core hub of the Core chain BTC-Fi ecosystem, promoting the development of the next generation of BTC-Fi.