Shaping the Future of Chain Abstraction & Cross-chain Rebalancing
The third quarter has been pivotal for the Everclear protocol, bringing the launch of Mainnet Beta, new partnerships, and key milestones in crosschain netting. Here’s an overview of what was achieved and a peek at what’s ahead in Q4.
Mainnet Beta Launch & Early Success
On September 18th, Everclear introduced its Mainnet Beta at Token2049, where it was met with excitement. In the first two weeks, the protocol crossed $1M in clearing volume, marking an exciting phase of growth as integrators continue to come online and test the protocol. Efforts are focused on scaling the two-sided marketplace, enhancing user experience, and addressing any remaining liquidity bottlenecks.
Notable Partnerships
Everclear's ecosystem continues to grow with several high-profile partnerships that aim to bolster cross-chain clearing capabilities and liquidity management:
- xERC20 Partnerships: Renzo, Puffer, Chorus One, and Mountain Protocol.
- DeFi Partnerships:
- Router and Synapse have been integrated as solvers, improving the protocols’ cross-chain efficiency.
- Tokka Labs, Dialectic, and Aori act as arbitrageurs, further optimizing liquidity flows within the Everclear marketplace.
- Infra Partnerships:
- Key collaborations with Hyperlane, EigenLayer, Arbitrum, and Gelato are supporting further infrastructure and cross-chain integrations.
In The Press
Everclear received considerable media coverage this quarter, including a number of research reports, podcasts, and in-person engagements. Here are a few of the highlights:
- Abstract Summit at Token2049:
Hosted in partnership with 1KX and Particle, the Abstract Summit was a major success, drawing in over 1,000 attendees, with speakers from 30+ organizations, including Coinbase, 1kx, Pantera, Celestia, ENS, Monad, Wintermute, Amber, SAFE, Starknet, and more.
RSVP for Abstract Summit Devcon – Bangkok
- Worthwhile Reads & Listens:
Tokenomics & Governance Updates
The Everclear DAO passed a proposal to introduce vote-bonding for NEXT tokens. This new system will provide stakers the ability to earn protocol fees while incentivizing liquidity for specific ecosystems. The vote-bonding system is expected to launch in Q4.
Join Abstract Summit at Devcon
Mark your calendars for November 12th, when Everclear will be hosting Abstract Summit at Devcon in Bangkok — RSVP
Stay tuned for further updates as Everclear continues to build the first Clearing Layer.
