Everclear has secured a strategic investment from the NEAR Foundation to scale Crosschain Clearing for Digital Assets. Capital has been deployed via equity, $CLEAR acquisition, and an operational loan. Here's what the @NEARProtocol and Everclear partnership unlocks! ↓
Everclear has become the dominant crosschain clearing and settlement protocol for digital assets - solving liquidity fragmentation at scale. Everclear will integrate NEAR Intents as an important solver mechanism that will improve netting and settlement for rebalancers.
Everclear's recent momentum: - $1BN+ cleared. - Grown 346% since March. - Reached +$430M in monthly volume. - Expanded to 23 chains including @solana. - Onboarded more top DeFi intent protocols.
NEAR Foundation's investment lets Everclear scale transaction volumes by doubling liquidity. This will further improve the experience for leading DeFi protocols and solvers such as @AcrossProtocol and @lifiprotocol.
@AcrossProtocol @lifiprotocol NEAR Foundation's strategic investment includes: - Equity investment in Labs - Acquisition of 4.8% CLEAR (12-month linear unlock) signaling support for the CLEAR community - Operating capital for Everclear’s internal solver, enabling deeper liquidity and faster settlement.
@AcrossProtocol @lifiprotocol @ilblackdragon, NEAR Protocol co-founder: "Unifying liquidity for both human and AI users is a key mission for NEAR and the Intents ecosystem. We're happy that Everclear will integrate NEAR Intents – we see a great opportunity in our work together."
@AcrossProtocol @lifiprotocol @ilblackdragon @dimakhanarin, Everclear Fnd CEO: “Our partnership with NEAR will allow Everclear to reach billions in monthly volume within the next 12 months. With hundreds of stablecoins and appchains like Robinhood launching, the addressable market for intents clearing is well over $1TN."
@AcrossProtocol @lifiprotocol @ilblackdragon @dimakhanarin 🌐 💬 🧩 📰 Full announcement: The future is CLEAR! ⚪️
@AcrossProtocol @lifiprotocol @ilblackdragon @dimakhanarin
NEAR Protocol
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The NEAR ecosystem is excited for this strategic partnership with Everclear (@EverclearOrg)! As the clearing market for digital assets grows to a trillion dollar industry, Everclear's adoption of NEAR's tech will be key to solving liquidity fragmentation across chains 🤝
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