Yei Finance, a leading decentralized protocol on Sei Network, announced the launch of Clovis – a new product aimed at bridging liquidity across chains and enhancing user experience in DeFi.
Yei Finance: The Foundation of DeFi on Sei Network
Yei Finance is a non-custodial money market protocol on Sei, offering diverse yield options and leveraging the network's high performance. As of September 2025, the total value locked reached $300 million, indicating strong market traction. The protocol delivers low transaction costs due to an average block time of about 0.5 seconds and high throughput.
Clovis: A Cross-Chain DeFi Operating System
Announced on September 4, 2025, Clovis transitions Yei Finance into a cross-chain DeFi operating system. Its main goal is to integrate liquidity across various blockchains, enabling users to perform cryptocurrency transactions swiftly and without complex procedures. Clovis aims to resolve liquidity fragmentation, allowing users to move and trade assets almost in real time.
Conclusion
The launch of Clovis highlights Yei Finance's commitment to addressing the challenges posed by the complex multi-chain DeFi environment. By unifying liquidity and improving order execution processes, Clovis could play a significant role in the cross-chain DeFi landscape, which is worth monitoring closely.
Yei Finance, with its YeiLend protocol and the new Clovis product, is positioned to advance on Sei Network, offering efficient solutions for DeFi users.
