Description
Acala provides backend infrastructure for traditional finance trusted by institutions like Coinbase, Figment, Current.com, and Credora. Its application-specific blockchain (appchain) has built-in tools like the Universal Asset Hub, which hosts DOT liquid staking token (LST) protocols, a DEX, DOT liquid staking, and a multichain asset router bridge. Acala’s technology is optimized to support various blockchain layers (L1, 2, 3, 4, and 0), ensuring seamless multichain compatibility and efficient liquidity management. The platform is EVM-compatible, enabling developers to build with Solidity in Acala’s EVM+, and is highly customizable due to the flexibility of Substrate.