Mayan’s innovative auction protocol attracts support from leading builders Anatoly Yakovenko, co-founder of Solana, Saeed Badreg, co-founder of Wormhole and more, the pioneer in auction-based cross-chain swaps, announced today the successful closure of a $3 million Seed Round co-led by 6th Man Ventures and Borderless Capital.
“Ultimately, I envision Mayan evolving into a fully permissionless venue for trading any kind of crypto assets, whether Fungible Tokens or NFTs. We’re excited to drive innovation in the intent-centric multichain future, enhancing blockchain interactions for all web3 users,In the rapidly expanding crypto space, dominated by chain proliferation and liquidity fragmentation, asset mobility poses significant challenges. Mayan’s user-friendly swap protocol provides a solution.
“Mayan has created a novel auction-based model to enable cross-chain crypto participation for both retail and institutional traders. They’ve impressively become one of the top cross-chain protocols by volume in less than a year, growing rapidly by providing fast, low-fee transfers.
“Mayan is at the forefront of the emerging cross-chain economy with an innovative auction model, which allows for the seamless swapping of assets across a wide range of networks, settling in seconds.
Mayan is an intent-based cross-chain protocol that utilizes auctions to provide the best possible swap rates for every trade. Powered by Wormhole message passing, Mayan seamlessly connects Solana, Ethereum, and major EMV-compatible chains such as BSC, Polygon, Optimism, Avalanche, and Arbitrum. With its robust API and pre-built widget, Mayan enables any website or dApp to offer cross-chain swaps almost instantly.