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Everclear
Everclear is a cross-chain clearing and settlement protocol that solves liquidity fragmentation for blockchains and digital assets. It forms the foundation of the chain abstraction stack, enabling efficient transaction settlement for users like intent protocols, solver networks, dApps, and more.
Distributed
Description
Everclear is a cross-chain clearing and settlement protocol designed to address liquidity fragmentation across different blockchains and digital assets. It serves as a foundational layer in the chain abstraction stack, integrating with intent protocols, solver networks, modular blockchains, and decentralized applications (dApps) to facilitate efficient transaction settlement at optimal prices. The protocol is utilized by various key players in the ecosystem, including intent solver networks, market makers, chain abstraction protocols, intent-based bridges, dApps, centralized exchanges, chains, and stablecoin issuers. By overcoming the challenges of modular fragmentation, Everclear aims to reduce costs and complexity for its users.Grant Funding
VC Funding
None
2024
$0
$5M