Mynth: Will cease operations on July 1, Novaswap hosted infrastructure to be discontinued

Odaily Planet Daily News: Mynth has announced it will cease operations. The announcement stated that the team began building the cross-chain protocol three years ago, but protocol usage did not reach the level required for sustainable operations and continued expansion, making it impossible to maintain the previous pace of innovation or scale to more blockchains. Mynth will stop supporting the hosted infrastructure powering Novaswap, and all operations will cease at 7:00 AM Beijing time on July 1. User funds remain secure and non-custodial, requiring no action from users; swap processing will continue until that time. The team will provide support via Discord until the end of July.