Cycle Network
- Company typePrivate
- Founded2023
- HeadquartersCentral, Hong Kong SAR China
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
Cycle Network firmographics
Firmographics- Name
- Cycle Network
- Legal name
- Cycle Network
- Website
- https://cyclenetwork.io
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Cycle Network industry classification
Industry- Product category
- Blockchain Cross-Chain Settlement Infrastructure
- NAICS
- Securities and Commodity Exchanges (52321)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade) (FSAGAMAC)
- akta.pro secondary industries
- Cross-Chain Trading & Liquidity Routing (multi-chain swaps, bridge-integrated trading) (FSAPADAJ), Cross-Chain Wallet & Asset Routing Infrastructure (FSADACAJ)
Keywords
Where Cycle Network is headquartered
LocationHeadquarters
- HQ city
- Central
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Markets served
Cycle Network business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Distribution channels3 records
Marketing channels5 records
Cycle Network product offering
Product offeringCore offering
Cycle Network is a chain abstraction infrastructure provider that delivers a universal all-chain settlement layer and bridgeless liquidity network. It sells Cycle Unit, a decentralized custody and settlement network built for spot and perpetual DEXs, and the Cycle SDK, which lets any project integrate chain abstraction and access shared cross-chain liquidity. Supporting products include blockchain explorers (Cycle Sailboat, Cycle Frigate) and the Cycle Asset Center for asset management.
Product overview
Cycle Network is a chain abstraction platform providing a unified liquidity layer across multiple blockchains. The core offering consists of Cycle Unit, a decentralized custody and settlement network designed for DEXs, supported by the Cycle SDK for integration. The platform includes Cycle Sailboat Explorer and Cycle Frigate Explorer for blockchain navigation, Cycle Asset Center for asset management, and Campaign/Points Program for user incentives. Together, these products enable projects to achieve chainless shared liquidity and seamless cross-chain asset management without traditional bridges.
Differentiator
Problem solved
Functional benefit
Products and services
- Cycle Unit Decentralized custody and settlement network built for all spot and perpetual DEXs. By integrating Cycle Unit, DEXs can offer users seamless deposits, withdrawals, and secure on-chain settlement for native assets, enabling a unified trading experience across chains.
- Cycle SDK JavaScript SDK enabling any network or project to instantly achieve chain abstraction and chainless shared liquidity across all chains. Distributed via npm (cycle-core-sdk) and GitHub.
- Cycle Sailboat Explorer Mainnet blockchain explorer for Cycle Network, used to view and verify on-chain transactions.
- Cycle Frigate Explorer Second mainnet blockchain explorer for Cycle Network, used to view and verify on-chain transactions.
Companies that use Cycle Network
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Cycle Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Cycle Network partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and flagship.
- YziLabscoreYziLabs is the incubator of Cycle Network. They provide strategic support and resources for building applications on the Cycle Network ecosystem. Cycle Network community airdrop is live.
- Golden GooseflagshipSuper app incubated on Cycle Network using the Cycle Settlement & Clearing Layer. Features $15M+ TVL and 8.76% USDT APR. First real super hybrid yields platform.
- Piggy BankflagshipAll-chain asset management platform built on Cycle Network enabling bridgeless experience. 927K total accounts and 526K transactions. Simplifies blockchain usage and automates investment strategies.
- TapUpflagshipAll-Chain Meme LaunchPad integrating Telegram with Cycle Network. Allows users to create meme coins across all chains without bridges. 531K total game users, 1.5M total game tap count.
Scale indicators3 records
Recent moves4 records
Expansion highlights6 records
Cycle Network competitors and assessment
Company assessmentDirect peers
- LayerZero: LayerZero is the leading omnichain messaging protocol that enables cross-chain dApps. It is a direct competitor to Cycle Network's chain abstraction and cross-chain settlement thesis, with a much larger capital base and established network of integrations.
- Wormhole: Wormhole is one of the largest cross-chain bridge and messaging protocols, connecting multiple blockchains. It competes directly with Cycle Network in enabling cross-chain asset transfers and interoperability for DEXs and DeFi applications.
- Axelar Network: Axelar is a decentralized interoperability network providing secure cross-chain communication. It is a direct competitor to Cycle Network, offering settlement and messaging infrastructure for DEX operators and DeFi protocols across many chains.
- Polygon AggLayer: Polygon AggLayer is a chain aggregation layer that unifies liquidity across Ethereum L2s and other chains. It pursues the same chain abstraction thesis as Cycle Network with deeper backing from Polygon's ecosystem and significantly more capital.
- NEAR Protocol: NEAR's chain signatures and chain abstraction efforts enable cross-chain account management without bridges. It competes directly with Cycle Network in offering abstracted cross-chain experiences for users and developers.
- Stargate Finance: Stargate is a leading cross-chain bridge built on LayerZero for native asset transfers. It serves the same DEX and DeFi use cases that Cycle Network targets with its Cycle Unit settlement layer.
- Across Protocol: Across is an optimistic bridge protocol enabling fast, low-cost cross-chain transfers. It competes with Cycle Network's bridgeless settlement approach, particularly for retail and DeFi bridging flows between Ethereum and L2s.
Broad incumbents
- Chainlink CCIP: Chainlink's Cross-Chain Interoperability Protocol (CCIP) is a broad incumbent offering cross-chain messaging and token transfers, backed by the established Chainlink oracle network. It overlaps with Cycle Network's settlement and bridging use cases but as part of Chainlink's wider data and infrastructure portfolio.
Emerging players
- Manta Network: Manta is a modular ZK-focused blockchain that is both an investor in and partner chain of Cycle Network. While primarily a Layer-1 platform rather than a settlement layer, it is a comparable emerging player in the chain abstraction ecosystem with overlapping DeFi use cases.
Others
- Symbiotic: Symbiotic is a restaking protocol that hosts Cycle Network's security TVL. While not a direct competitor, it is an ecosystem enabler and adjacent infrastructure provider that Cycle relies on for shared security, making it relevant for understanding Cycle's technical stack.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Cycle Network social profiles
Digital presenceCycle Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cycle Network leadership team
Management profileNumber of profiles
Cycle Network funding detail
Funding detailFunding overview
Funding rounds2 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cycle Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cycle Network
What does Cycle Network do?
Cycle Network is a chain abstraction infrastructure provider that delivers a universal all-chain settlement layer and bridgeless liquidity network. It sells Cycle Unit, a decentralized custody and settlement network built for spot and perpetual DEXs, and the Cycle SDK, which lets any project integrate chain abstraction and access shared cross-chain liquidity. Supporting products include blockchain explorers (Cycle Sailboat, Cycle Frigate) and the Cycle Asset Center for asset management.
Is Cycle Network a public or private company?
Cycle Network is a private company. It is classified as venture growth investor backed and is currently operating.
When was Cycle Network founded?
Cycle Network was founded in 2023. It employs 1 to 10 people.
Where is Cycle Network based?
Cycle Network is headquartered in Central, Hong Kong SAR China, in the Asia region.
Who are Cycle Network's main competitors?
Direct peers on record are LayerZero, Wormhole, Axelar Network, Polygon AggLayer, NEAR Protocol, Stargate Finance and Across Protocol. Chainlink CCIP is listed as a broad incumbent. Manta Network is listed as an emerging player. Symbiotic is listed as an others.
Does Cycle Network have an API?
No public API is recorded for Cycle Network.
What industry is Cycle Network in?
Cycle Network's product category is Blockchain Cross-Chain Settlement Infrastructure. Its primary akta.pro industry code is FSAGAMAC, Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade), with a secondary code of FSAPADAJ, Cross-Chain Trading & Liquidity Routing (multi-chain swaps, bridge-integrated trading). Its NAICS code is 52321 and its SIC code is 6200.