According to TechFlow, on September 12th, Yei Finance, a leading protocol in the Sei ecosystem, announced that its cross-chain product, Clovis, will open its third wave of pre-deposits on September 11, 2025. The third wave sold out within 20 minutes of opening. Previously, the first two waves of Clovis pre-deposits sold out within 90 minutes.
A fourth wave of pre-deposits is currently being planned and is expected to open soon.
As the largest integrated lending, DEX, and cross-chain protocol on Sei, Clovis, launched by Yei Finance, focuses on building a full-chain clearing and execution layer for the DeFi sector. It aims to break down inter-chain barriers, integrate liquidity across the entire chain, and significantly improve capital efficiency. Clovis's innovation lies in its unique "clearing layer + lightweight vault" mechanism. This architecture aggregates decentralized liquidity from multiple blockchains, enabling "multi-chain returns from one asset and multi-scenario empowerment from one deposit," fully supporting diverse application scenarios such as lending, trading, and cross-chain bridging.