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VisitConnext Rebrands to Everclear, Tackles Blockchain Liquidity and Fragmentation in Arbitrum Orbit
Jun 3, 2024, 03:29 PM
Connext has rebranded to Everclear, introducing a new solution for blockchain liquidity and chain fragmentation. Everclear, now part of the Arbitrum Orbit ecosystem, is designed to coordinate global settlement of liquidity between chains, addressing the increasing problem of chain fragmentation. This new Clearing Layer aims to provide seamless liquidity, fast bridging, and permissionless chain expansion for protocols building on them. The rebranding marks a significant step in Everclear's vision to solve modular blockchain issues and enhance the Chain Abstraction Stack. Everclear is touted as the First Clearing Layer.
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Markets
Yes • 50%
No • 50%
Market analysis reports by blockchain research firms
No • 50%
Yes • 50%
Integration announcements by Everclear and respective blockchain networks
Yes • 50%
No • 50%
Official announcements by major DeFi protocols and Everclear's own communication channels
Over 50 protocols • 33%
Less than 20 protocols • 34%
20 to 50 protocols • 33%
Reports and announcements from Everclear and blockchain protocol partners
Moderate Improvement • 33%
Significant Improvement • 33%
No Significant Change • 34%
Performance metrics published by Arbitrum Orbit and independent blockchain performance analysis
Over 1 million users • 33%
Less than 500k users • 34%
500k to 1 million users • 33%
User base reports published by Everclear and blockchain analytics platforms