Mynth will cease operations on July 1st, and Novaswap's hosting infrastructure will go offline.

Mynth announced it will cease operations. The announcement stated that the team began building a more secure cross-chain protocol three years ago, but the protocol's usage did not reach the level required for sustainable operations and continuous expansion. Mynth is unable to maintain its past pace of innovation or expand to more blockchains. Mynth will stop supporting the hosted infrastructure operated by Novaswap and will cease all operations at 7 AM Beijing time on July 1st. User funds remain safe and non-custodial, requiring no user action, and swaps will continue to be processed until that time. The team will provide support via Discord until the end of July.