Mayan Finance Crosses $20B in Cross-Chain Volume via Wormhole
Wormhole (W)
Editor:
Eugene Serbin
cryptobriefing.com reports that Mayan Finance has facilitated over $20.23 billion in cumulative bridged volume as of early September 2026. The intent-based swap protocol has processed 9.6 million transactions across 3.4 million unique wallets since its launch. Mayan operates on Wormhole’s messaging layer using two primary routing mechanisms: Swift and WH Swap.
Swift is an intent-based system where competitive solvers fill user orders in two to twelve seconds, while WH Swap embeds instructions directly into the Token Bridge for atomic execution. Fees remain low, with WH Swap charging 10 basis points and Swift approximately 3 basis points. Stablecoins drive the platform’s activity, with USDC-to-USDC transfers crossing $8 billion by the end of 2025.
The protocol’s volume trajectory has been consistent, moving from $16 billion in all-time volume by late 2025 to over $20 billion in early 2026. Mayan’s reach is amplified by integrations with DEX aggregators like KyberSwap and Jumper, as well as powering Wormhole’s Portal Swap product. The protocol currently anchors on Ethereum and Solana, with MegaETH and Monad on its roadmap.
How the market reacted
Whalio's own Binance spot order flow for W, measured when this story was written up on 7 September 2026. Not the outlet's figures.
Whalio’s spot data for W shows a price of $0.01042 with a 1-hour buy ratio of 69.0%, contrasting with a 43.2% ratio over 4 hours and 53.3% over 24 hours. This indicates that buying pressure is currently building in the short term, as the 1-hour ratio significantly exceeds the longer-term averages. Volume Delta reflects this shift, showing a positive $6,801 in the last hour compared to a negative $16,604 over 4 hours. The 24-hour Volume Delta stands at +$80,176, suggesting net accumulation over the day despite a negative Cumulative Volume Delta (CVD) of -$38,321 at close. CVD measures the difference between buy and sell volume, so a negative figure implies that sell volume outweighed buy volume over the full 24-hour period. However, the positive hourly delta and high buy ratio suggest recent aggressive buying is countering that broader trend.
The latest daily buy ratio of 50.1% sits at the 64th percentile of the last 322 days, against a median of 49.3% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for W, averaged over the days leading up to the story.
Over the preceding week, W saw a 7-day average buy ratio of 51.6%, with the latest day showing a slight increase of 1.6 percentage points. Spot volume was 1.87 times the weekly average, indicating an unusual level of activity compared to normal trading days. The coin experienced a price change of +15.6% over eight days, with a total Volume Delta of +$189,626. This weekly context shows a period of net buying across 4 of 7 days, contrasting with the mixed signals seen in the immediate 24-hour data. The current 24-hour buy ratio of 53.3% aligns closely with the weekly average, suggesting the recent hourly surge is a deviation from the established weekly norm.