Cygnus releases Q1 report: registered users exceed 8 million, TVL exceeds US$900 million

04-03

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According to ChainCatcher, Cygnus has released its Q1 2025 roadmap. So far, CygnusFi has attracted over 8 million user registrations (with approximately 800% growth in Q1) and total locked value (TVL) has exceeded $900 million (with approximately 569.23% growth in Q1). Additionally, Cygnus has generated over $17 million in total revenue for users, with a 21.43% growth in Q1. Currently, CygnusFi's ecosystem partners have surpassed 100.

Cygnus is a Web3 Instagram application layer and modular real yield layer, with its Instagram application layer bringing over 2 billion Instagram users into Web3. It has pioneered the rapidly growing Cygnus InstaPlay Hub and continues to expand into creator economy, data ownership, and AI integration domains. At present, the Instagram application layer has over 7.3 million users, with daily active users (DAU) exceeding 1 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

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