Everclear, a decentralized cross-chain clearing protocol that solves liquidity fragmentation for blockchains and digital assets, today announced a strategic partnership with Router Protocol, a cross-chain interoperability layer that connects Layer-1 and Layer-2 blockchains to allow contract-level data flows across them. The collaboration enabled the integration of Everclear’s clearing and settlement netting infrastructure with Router Protocol’s cross-chain infrastructure to deploy solver capital on Router Protocol’s network to unlock liquidity on the cross-chain ecosystem.
Router Protocol is a multi-chain interoperability platform that connects different blockchains, enabling seamless transfer of data and assets across various chains. In recent years, Layer-1 and Layer-2 blockchains have significantly increased in the Web3 landscape, aiming to address Ethereum’s scalability concerns. The increase of such networks means that most applications are now fragmented across such chains instead of being concentrated on a single protocol like Ethereum. This has led to a sequence of unconnected blockchain ecosystems functioning alongside one another, but closed from each other, an activity that hinders Web3 from reaching its full capability.
Router Protocol is in business to solve this on-chain fragmentation problem. By running its interoperability mechanism, it enables various blockchain networks to communicate and share data and applications with each other. Since its launch in July 2024, Router Protocol is now operational on 23 major blockchains (including Kava, Aurora, Avalanche, Arbitrum, Optimism, Polygon, BNB Chain, Ethereum, and many others), and continues to expand its presence.
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