Everclear is the pioneering Clearing Layer designed to optimize liquidity settlement across multiple blockchain networks. By integrating with intent protocols, solver networks, modular blockchains, and decentralized applications (dApps), Everclear facilitates efficient transaction settlements at optimal prices. The platform addresses the challenges of liquidity fragmentation inherent in modular blockchains by coordinating global settlements and netting bi-directional cross-chain transactions. This approach significantly reduces rebalancing costs for users, solvers, and bridges, achieving up to a 10x cost reduction.
Everclear’s architecture allows for permissionless chain expansion, enabling any chain to integrate by deploying connections to transport protocols like Hyperlane. Developers can implement strategies for optimal netting and settlement through Solidity contracts on Everclear, earning a portion of solver settlement fees.