What is Cycle Network (CYC)?
Cycle Network is a foundational infrastructure protocol that provides a settlement layer for digital assets and decentralized applications (dApps). Incubated by YZi Labs and backed by institutional investors including Vertex Ventures, a sub-fund of Temasek Holdings, Cycle is designed to unify asset flows and application logic across blockchain environments.
How does Cycle Network work?
The core goal of Cycle is to solve a growing problem in decentralized finance: while applications and assets are distributed across multiple chains, there is no shared foundation for ensuring state consistency, settlement finality, or unified user experience. Cycle addresses this gap by introducing a verifiable settlement infrastructure, where assets and application state can move and resolve securely under a common framework.