"CRP"

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Multichain, evolved from Anyswap, is committed to building a cross-chain routing infrastructure for the Web3 ecosystem, enabling MULTI to play an important role in cross-chain asset transfer. However, in May 2023, with the project CEO missing, Multichain's operations fell into difficulties and eventually announced the cessation of the project. Currently, its governance token $MULTI still maintains a certain market liquidity, although the price trend is overall neutral to bearish due to lack of confidence. The future direction of MULTI largely depends on the potential involvement of the community or third parties to drive ecosystem recovery.

Explore Paribus in this comprehensive guide, covering its unique role in DeFi with cross-chain borrowing and lending.