TL;DR
- Everclear, backed by the Ethereum Foundation and other major players in the crypto ecosystem, has officially launched its mainnet, positioning itself as the first cross-chain clearing and settlement protocol.
- The project aims to solve the growing problem of liquidity fragmentation, already surpassing $125 million in monthly volume.
- With initial support for 20 blockchains and the integration of Solana, it plans to add Tron before the end of Q2 2025.
Everclear, formerly known as Connext, has activated its mainnet with the ambitious goal of revolutionizing blockchain interoperability. This strategic move comes at a pivotal moment for the crypto industry, where increasing asset fragmentation and the constant emergence of new networks are creating inefficiencies in capital movement across chains. Backed by high-profile investors such as Pantera Capital, Polychain, Consensys, and the Ethereum Foundation, Everclear is positioning itself as the SWIFT of decentralized finance with a long-term vision for scalability and resilience.
Using an architecture based on Arbitrum Orbit, Everclear enables a “clearing layer” that matches opposing transaction intents, allowing users and protocols to interact across multiple chains seamlessly. This innovative model introduces intent-based bridges and tools to automate cross-chain transactions, reducing costs and improving speed, with transaction latency below 10 seconds. The protocol also ensures increased transparency and reliability, appealing to both developers and institutions.
A Fragmented Ecosystem Demands Real Solutions
With over 300 active blockchains and a constant wave of new stablecoins entering the market, the crypto ecosystem is more fragmented than ever. Traditional bridges are struggling to manage liquidity flows effectively. Studies suggest that over 80% of cross-chain fund flows could be netted, yet the current infrastructure is pushing up to five times more volume than necessary through exchanges and bridges. Everclear addresses this inefficiency head-on with its zero-fee rebalancing feature, a game-changer for centralized exchanges and DeFi solvers operating in a highly fragmented environment.
Accelerated Growth and New Integrations
Since launching its beta in September 2024, Everclear has shown explosive growth: it tripled its monthly volume in just three months, reaching $125 million in March 2025. The protocol expanded from supporting 5 to 20 blockchains, including Solana and Base, and integrated its first centralized exchange. It has also onboarded top-tier DeFi protocols like Across, Rhino.fi, Li.Fi, and Particle, and is targeting the integration of Tron by the end of Q2 2025.
Everclear is not just a promising technological advancement but a foundational infrastructure for the future of decentralized finance. In an increasingly fragmented crypto world, its proactive approach and ability to coordinate liquidity flows efficiently may well usher in a new era for cross-chain interoperability.
