Cygnus (CGN): Modular Real Yield and Omnichain App Layer
Cygnus is a modular real yield and omnichain application layer designed to connect on-chain assets and real-world social infrastructure, solving fragmented liquidity and social adoption challenges in Web3 ecosystems. Founded by Eric Cheung in 2023, this platform has raised $20 million from OKX Ventures, Optimism, and Mirana Ventures to bridge EVM and non-EVM systems while enabling mainstream Web3 adoption. Cygnus (CGN) will soon be available on Bitget!
What is Cygnus (CGN)?
Cygnus is a modular protocol that unifies liquidity and social engagement across blockchain ecosystems, making real yield and modular DeFi accessible to users. The platform operates as an Instagram App Layer, merging on-chain and off-chain assets to power the creator economy while supporting smart contracts across multiple networks.
Cygnus addresses critical challenges including cross-ecosystem liquidity fragmentation, fragmented user and developer experience, difficulties in onboarding mainstream users, and the need for sustainable yield generation. The platform introduces the Liquidity Validation System (LVS), a decentralized yield infrastructure enabling secure, modular staking and yield farming with real economic incentives.
Core Innovation: Cygnus acts as a bridge between traditional social platforms and decentralized finance, creating an integrated platform where assets, applications, and yields move seamlessly across blockchains. This unification addresses inefficiencies caused by liquidity silos and helps onboard mainstream users to Web3 through familiar social interfaces like Instagram and Telegram.
Who Created Cygnus (CGN)?
Cygnus was founded in 2023 by Eric Cheung, who serves as Co-Founder and leads the project as its primary representative.
Eric Cheung (Co-Founder):
● Studied at KU Leuven with experience in building Web3 social and modular DeFi infrastructure
● Previously worked in tech and product strategy roles
● Brings expertise in blockchain product development and ecosystem building
Team Background:
● The core team includes alumni from UC Berkeley, MIT, and NYU
● Features former developers and executives from Meta (Facebook), Google, and Goldman Sachs
● Core developer group with backgrounds in traditional finance quantitative research and blockchain product engineering
Key Team Members:
● KJ Jia: Active as a community builder and Web3 investor, playing a role in outreach and network development
The founding and leadership team integrates top-tier academic and industry experience, with technical architects bringing together DeFi, quantitative finance, and Web2 expertise.
What VCs Back Cygnus (CGN)?
Source: Bitcoin.com
Cygnus has raised $20 million in its pre-seed funding round in February 2025 from leading blockchain venture capital firms and strategic investors.
Funding Details:
● Total Raised: $20 million (pre-seed round, February 2025)
Major Venture Capital Backers:
● OKX Ventures: The investment arm of OKX, one of the world's largest cryptocurrency exchanges, led the funding round
● Optimism: A core Ethereum Layer-2 scaling project and corporation, also led the round
● Mirana Ventures: A large venture capital and asset management firm focused on blockchain and trading
● UpHonest Capital: An early-stage VC bridging the US and China, focusing on Web3 and technology
● eGirl Capital: Venture firm with investments across DeFi and Web3 sectors
● CL: Backers with a cross-sector portfolio including tech, media, and digital culture
● Manifold Trading: A systematic hedge fund and market-making operation in crypto
● G-20 Group: Ecosystem partner and strategic investor
The investor syndicate demonstrates institutional confidence in Cygnus's omnichain infrastructure and modular yield integration.
How Cygnus (CGN) Works
Cygnus operates as a modular finance protocol that allows users to earn rewards, move assets, and use DeFi tools across multiple blockchains including Ethereum and TON.
Modular Infrastructure
Cygnus uses a flexible modular framework that separates execution, settlement, and data availability. This increases scalability, lowers costs, and enables easy dApp deployment. The platform leverages Optimistic Rollup technology for scalable, low-fee execution while enabling zero-knowledge proof applications for privacy and high throughput.
Liquidity Validation System (LVS)
The LVS is a decentralized protocol that coordinates staking, restaking, and yield generation across networks, using RedStone Oracles for accurate price feeds and capital verification. This engine manages locked assets, ensures fair reward distribution, and maintains asset security by spreading risk across multiple sources.
Omnichain Integration
Cygnus bridges both EVM blockchains (like Ethereum) and non-EVM networks (notably TON), enabling frictionless asset transfers, staking, and liquidity validation across dozens of chains. Users can move assets such as stablecoins and tokens between networks instantly and cheaply.
Web3 Social Layer
The platform features gamified campaigns including "Tap to Earn", creator bounties, and point systems that allow users to earn rewards by participating in social tasks through Telegram, Instagram, and other platforms. Custom SDKs and open APIs enable developers to integrate Cygnus into social apps.
Real-World Asset Integration
Cygnus enables issuance and use of tokenized real-world assets like T-Bills, real estate, or commodities directly on-chain through its cgUSD stablecoin backed by US Treasury Bills.
You can access the platform at https://www.cygnus.finance.
Cygnus Token (CGN) and Economics
The Cygnus ecosystem features the CGN protocol token and Cygnus Global USD (CGUSD), serving key roles in governance, yield generation, network security, and on-chain activity across supported blockchains.
Token Details
● Token Name: CGN
● Token Symbol: CGN
● Total Supply: 10,000,000,000 CGN tokens (10 billion)
● Blockchain Deployment: Deployed natively on both Ethereum (EVM-compatible chains) and TON
● FDV: $200 million
● Initial Market Cap: $54 million (27% initial circulation)
Token Distribution
● Investors: 20% (6-month cliff, 24-month linear vesting)
● Team and Advisors: 22% (6-month cliff, 36-month linear vesting)
● Ecosystem Development: 20% (20% unlock at TGE, 6-month cliff then 30-month linear vesting)
● Initial Liquidity: 13% (100% unlock at TGE)
● Airdrop: 10% (100% unlock at TGE)
● Foundation Reserve: 15% (6-month cliff, 36-month linear vesting)
Potential Token Holders
● Total Potential Holders: 2 million users expected to receive tokens at TGE, primarily through airdrop distribution
● Effective Potential Holders ($10+ value): 400,000 users based on the 2-8 principle distribution model with $20 million airdrop allocation
Token Utilities
● Network Security & Staking: CGN tokens are staked by users, validators, and creators in the Liquidity Validation System (LVS), securing assets and supporting partner chains while earning rewards from network validation fees and real-world asset revenues
● Transaction Fees: Used as the native gas token for all transactions on the Cygnus network
● Governance: Token holders propose, vote, and decide on protocol upgrades, emission rates, network parameters, and allocation of ecosystem funds
● Earning Opportunities: Users earn CGN by participating in social activities, play-to-earn games, staking, providing liquidity, and contributing to the ecosystem
● Creator Incentives: Creators and developers receive CGN for content creation, driving engagement, building dApps, or making meaningful ecosystem contributions
CGUSD Stablecoin
● Purpose: Interest-bearing omnichain stablecoin backed by real-world assets such as US T-Bills
● Use Cases: Lending, borrowing, payments, and collateral for RWA protocols with interest distributed to holders from RWA yield
Why Cygnus?
Traditional cross-chain solutions face security vulnerabilities and force users to trust third parties, while social adoption barriers prevent mainstream Web3 onboarding. Cygnus addresses these problems with modular technology:
Experienced Leadership: Founded by Eric Cheung with a team featuring alumni from UC Berkeley, MIT, and NYU, plus former executives from Meta, Google, and Goldman Sachs, combining academic excellence with industry expertise.
Strong Institutional Validation: $20 million raised from leading investors including OKX Ventures, Optimism, and Mirana Ventures demonstrates confidence in the omnichain infrastructure and modular yield approach.
Omnichain Innovation: Bridges EVM and non-EVM systems, enabling frictionless asset transfers and yield generation across Ethereum, TON, and 60+ other blockchains without compromising security.
Partnership Network: Strategic integrations with OKX Wallet for seamless access across 85+ blockchains, Base as a native RWA protocol on Coinbase L2, BLOCKLORDS for gaming integration, and Chainlink for oracle infrastructure.
Real Yield Infrastructure: Delivers sustainable returns through network validation fees, tokenized real-world assets, and protocol revenue rather than speculative incentives, creating genuine economic value.
Social-First Adoption: Web3 Instagram App Layer with gamified "Tap to Earn" campaigns, creator monetization tools, and seamless integration with Telegram and Instagram, making DeFi accessible to mainstream users.
Technical Architecture: Modular framework with Optimistic Rollup technology, Universal Circuits for zero-knowledge applications, and Liquidity Validation System providing scalable, secure, and efficient infrastructure.
Developer-Friendly Ecosystem: SDKs, APIs, and documentation enable easy integration while grant programs and incubation support foster ecosystem growth.
The platform combines blockchain technology with user-friendly social interfaces, positioning it as a leading solution for bridging Web2 and Web3 through modular DeFi infrastructure.
Cygnus (CGN) Goes Live on Bitget
We are thrilled to announce that CGN will be listed in the Innovation Zone. Check out the details below:
Trading Available: 23 October 2025, 12:00 (UTC)
Withdrawal Available: 24 October 2025, 13:00 (UTC)
Trade CGN/USDT on Bitget!
Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
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