Everclear (prev Connext) is the First Clearing Layer. Everclear coordinates global settlement of liquidity between chains, solving fragmentation for modular blockchains.
At scale, Everclear will be able to net over 80%+ transactions, automatically routing them through the best settlement mechanisms available, drastically increasing applications' scalability and capital efficiency. Through Everclear, end-to-end chain abstraction will become possible for every chain, asset, and application.
Everclear’s bridge has $2.5B+ cumulative transactions volume and $1B+ bridged TVL. We're funded by grants from the Ethereum Foundation and backed by the top VCs, including Polychain Capital, Consensys Ventures, 1kx, Pantera Capital, Hashed and others.