Everclear
Everclear is a cross-chain clearing and settlement protocol that nets bidirectional blockchain liquidity flows to reduce rebalancing costs by up to 10x for solvers, bridges, market makers, and centralized exchanges across 23+ chains.
- Company typePrivate
- Founded2017
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Everclear does
Everclear (formerly Connext) is a cross-chain clearing and settlement protocol founded in 2017 and headquartered in San Francisco. The protocol operates as an Arbitrum Orbit rollup built on Gelato RaaS, using Hyperlane as its cross-chain messaging transport and EigenLayer AVS for economic security. Its core function is to net opposing cross-chain liquidity flows, reducing rebalancing costs for solvers, bridges, market makers, and centralized exchanges by up to 10x (with a documented average cost of ~0.8 basis points per transaction and 15-20 minute average settlement). Everclear now spans 23+ chains including non-EVM networks such as Solana and Tron, and supports flagship integrations with Across V4, Mantle, Renzo Protocol, and Unichain.
The company serves four primary customer segments: intent solver networks, market makers, intent-based bridges, and centralized exchanges, plus secondary segments of decentralized applications, chains seeking liquidity, and stablecoin/token issuers. Its go-to-market blends direct enterprise sales (CEX plug-and-play integration, multi-year contracts), self-serve API/SDK integration for solvers and bridges, and ecosystem channel partnerships with rebalancers and intent protocols. Revenue is generated primarily through protocol settlement fees (0.2-1 basis point range) paid by solvers and users, supplemented by enterprise integration fees for custom interoperability solutions. Net protocol fees are split between quarterly CLEAR token buybacks (75%) and vbCLEAR staking rewards (25%) under the DAO-governed tokenomics system.
The product portfolio centers on the Crosschain Clearing Layer, with persona-targeted modules (Intent Protocol, CEX Plug-and-Play, Any Rebalancers) and the January 2026 Crosschain Asset Settlement add-on. Total cleared volume exceeded $2.7B with $300M+ monthly run-rate by January 2026, representing 1,650% growth over five months. The company is led by founder and CEO Arjun Bhuptani, COO Layne Haber, and CTO Rahul Sethuram, and has raised a disclosed total of approximately $23.2M across rounds including a $7.5M strategic raise in June 2023 at a $250M valuation, backed by investors such as 1kx, Polychain, Pantera, ConsenSys, IOSG Ventures, Coinbase, Hashed, and Ethereum Foundation.
Everclear firmographics
Firmographics- Name
- Everclear
- Legal name
- Everclear Foundation
- Website
- https://everclear.org
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Everclear is a cross-chain clearing and settlement protocol that nets bidirectional blockchain liquidity flows to reduce rebalancing costs by up to 10x for solvers, bridges, market makers, and centralized exchanges across 23+ chains.
- Ownership category
- akta.pro rank
Everclear industry classification
Industry- Product category
- Cross-Chain Clearing & Settlement Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (523210)
- SIC
- Asset-Backed Securities (6189)
- akta.pro primary industry
- Liquidity Bridges & Cross-Chain Swaps (bridge aggregators, intent-based swaps) (FSAPAKAC)
- akta.pro secondary industries
- Cross-Chain DEXs & Bridge-Integrated Trading (FSADABAD), Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade) (FSAGAMAC)
Keywords
Where Everclear is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Markets served
Everclear business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Protocol Settlement Fees: Dynamic protocol fees paid by solvers and users for using Everclear's clearing layer. Fees are set in a range from 0.2 to 1 basis point. Net protocol fees (after gas costs) are allocated to vbCLEAR governance participants, with 75% directed to quarterly CLEAR buybacks and 25% to vbCLEAR staking rewards.
- Settlement Fees for Cross-Chain Asset Settlement: Revenue generated from the new Crosschain Asset Settlement module that enables seamless swaps between asset representations (e.g., wETH → mETH) across chains with intent-based settlement. Average cost of approximately 0.8 bps per transaction.
- Enterprise/B2B Integration Fees: Custom interoperability solutions including white-label crosschain deposits, staking, and tailored flows for B2B customers (CEXs, market makers, bridges, exchanges), enabling them to attract users and liquidity from long-tail chains.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Dynamic protocol fees (0.2-1 bps) paid by solvers and users for settlement |
| Usage-based | Pay-as-you-go | Zero-Fees Campaign for top EVM chains |
| Other | Multi-year contract | Enterprise integration tiers for CEXs (Light Start, Mid Integration, Full Integration) |
Go-to-market motion4 records
Distribution channels5 records
Marketing channels9 records
Everclear product offering
Product offeringCore offering
Everclear is a cross-chain clearing and settlement protocol that nets bidirectional liquidity flows across blockchains to reduce rebalancing costs for solvers, bridges, market makers, and CEXs by up to 10x. Built as an Arbitrum Orbit rollup using Hyperlane transport and EigenLayer AVS, it provides programmable settlement via Solidity contracts and powers the Chain Abstraction stack across 23+ chains.
Product overview
Everclear (formerly Connext) operates as a single unified protocol — the cross-chain clearing and settlement layer — together with a small set of audience-targeted integration modules (Intent Protocol, Centralized Exchange / CEX Plug-and-Play Integration, and Any Rebalancers) that all consume the same underlying netting and programmable settlement engine. The Clearing Layer, which is built as an Arbitrum Orbit rollup using Hyperlane and EigenLayer AVS, nets opposing cross-chain flows to reduce rebalancing costs by up to 10x and settle in roughly 15 minutes on average. On top of this foundation, Everclear layers the CLEAR governance token, a vote-bonding (vbCLEAR) system, a Crosschain Asset Settlement add-on module for cross-representation swaps, a public Explorer for intent creation and quote discovery, and developer-facing APIs and documentation for partners to automate settlement and rebalancing.
Differentiator
Problem solved
Functional benefit
Products and services
- Everclear Clearing Layer Protocol The core cross-chain clearing and settlement protocol that nets bidirectional flows across blockchains, reducing rebalancing costs by up to 10x and settling in approximately 15 minutes on average. Serves as the foundation of the Chain Abstraction stack for solvers, intent protocols, bridges, market makers, CEXs, and dApps.
- Intent Protocol Integration Integration module for interchain intent protocols (such as Across, Relay, Particle) that automates cross-chain settlement for solvers, delivers the lowest possible transaction costs, and eliminates manual rebalancing via Everclear's netting and programmatic settlement.
- Centralized Exchange Plug-and-Play Integration API-based offering for centralized exchanges that automates reserves rebalancing across 30+ chains, lets CEXs hold reserves only on preferred chains, and supports automated withdrawals/deposits across the full chain set. CEXs can hold 5-7x less reserves via Mid Integration and support 30 chains via Full Integration.
- Any Rebalancers Integration Liquidity rebalancing offering for market makers, solvers, and bridges that maximizes capital efficiency through programmatic repayment selection and netting, reducing required reserves by up to 90% versus manual rebalancing.
- CLEAR Token CLEAR is the native vote-bonding token of the Everclear protocol, powering governance, directing CLEAR emissions to solvers and chains via vbCLEAR voting, and granting holders a share of protocol fees. Total supply capped at 1,000,000,000 CLEAR with contract 0x58b9cB810A68a7f3e1E4f8Cb45D1B9B3c79705E8 deployed across Ethereum, Arbitrum, Optimism, Polygon, Gnosis, and BNB.
- Everclear Explorer Public web-based explorer and intent-creation UI that lets users and partners create intents, view cross-chain settlement activity, and quote rebalancing prices across the chains supported by the Clearing Layer.
- Crosschain Asset Settlement New Everclear module that enables intent-based swaps between different representations of the same underlying asset across chains (e.g., wETH to mETH, ETH LST/LRT, USDT to USDC) with sub-60-second priority settlement, zero slippage, and cross-asset netting for higher netting volumes.
Quantifiable outcome
- Up to 10x reduction in rebalancing costs via netting
- +9 more outcomes
Companies that use Everclear
Customer profileNamed customers16 records
Segments8 records
Ideal customer profiles3 records
Everclear technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration19 records
Feature8 records
Everclear partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered flagship / top-tier and core.
- Solanaflagship / top-tierStrategic partnership announced February 2026 to integrate Everclear's cross-chain clearing and settlement infrastructure into Solana's blockchain ecosystem. Enables bridging of tokens like USDT, BTC, and ETH to any blockchain with zero slippage, and swapping assets from Polygon, Base, Arbitrum, and Ethereum directly into Solana in real-time without traditional bridge complexity. Represents a milestone for Solana's chain-abstraction capabilities.
- Mantleflagship / top-tierFirst launch partner for Everclear's Crosschain Asset Settlement module, announced January 20, 2026. Enables users to swap wETH from Ethereum, Arbitrum, Base, or Polygon directly into mETH on Mantle in under 60 seconds without bridging friction. Future plans to support additional ETH-based assets, stablecoins, and new chains.
- Risk Labs (Across Protocol)flagship / top-tierRisk Labs, the core development team behind Across Protocol, integrated Everclear to power rebalancing for its primary relayer in Across V4 (announced August 6, 2025). Across V4 marks a leap forward in bridging with ZK-verified security via Succinct's SP1 zkVM, universal verifier contracts, and an open relayer model. Everclear provides netting of opposing flows, 15-20 min average settlement, ~0.8 bps average cost, on 23+ chains including Solana.
- UnichaincoreEverclear's Clearing Layer integration with Unichain, announced April 3, 2025. Unichain is a new L2 designed as the home for DeFi and liquidity across chains, using TEE-powered block building, Flashblocks, and Rollup-Boost sequencer-builder separation. The integration creates synergies for efficient crosschain liquidity settlement and supports Uniswap's ERC-7683 cross-chain intent standard.
- StaFicoreStaFi, a Liquid Staking infrastructure provider, partnered with Everclear to integrate Chain Abstraction into its Liquid-Staking-as-a-Service (LSaaS) platform. Enables developers to deploy LSTs and LRTs across multiple chains with seamless interoperability, supporting 'Restake From Anywhere' use case. StaFi supports ETH, EVM, BTC, CosmWasm, and SOL ecosystems.
- AoricoreAori, a leader in high-frequency DeFi execution, joined as a Day-1 rebalancer to enhance intent fulfillment across chains. Aori's off-chain order book infrastructure and liquidity aggregation strengthens Everclear's Clearing Layer. Aori sends arbitrage orders to Everclear so that arbitrageurs can have their intents netted — enabling asset matching across chains without actual cross-chain movement.
- Tokka LabscoreTokka Labs, a premier liquidity provider, joined as a Day-1 rebalancer. Tokka Labs monitors intent auctions on Everclear's Clearing Layer and purchases discounted intents to optimize crosschain liquidity settlement and intent fulfillment. Their proprietary trading system operates 24/7 across multiple digital asset venues.
- Renzo Protocolflagship / top-tierStrategic partnership where Everclear created the L2 restaking category for Renzo Protocol (formerly Connext partner), bringing native restaking to six L2s (Arbitrum, BNB Chain, Base, Mode, Blast, Linea). Resulted in over $1B in additional TVL, 10x increase in unique EOAs, and >90% reduction in gas fees for Renzo within 3 months. Renzo remains the largest chain-abstracted application on the market.
- Puffer FinancecorePartnership to support PufETH token, resulting in $17.5M worth of assets bridged. Includes PufETH Mainnet Unwrapper feature allowing users to bridge xPufETH from L2 networks (like Circuit) back to Ethereum mainnet and unwrap it back into regular PufETH. Token issuer using xERC20 standard for cross-chain expansion.
- Hyperlaneflagship / top-tierCore transport layer partner — Hyperlane serves as the cross-chain messaging protocol Everclear uses to transfer solver credit data (chain deposits) and connect chains permissionlessly. Everclear leverages Hyperlane's AVS to tap into EigenLayer's restaked ETH security for economic security. Chains can be added to Everclear permissionlessly by deploying connections to Hyperlane.
- LI.FIcoreCross-chain bridge aggregator listed as trusted partner and ecosystem integration. LI.FI collects orderflow from 250+ integrated apps, wallets, and DeFi protocols.
- SprintercoreSolver partner highlighted as part of the 'Trusted by Partners' logo set on Everclear's homepage and mentioned as a top-10 next-gen solver in the chain abstraction stack.
- Particle NetworkcoreChain Abstraction protocol using Everclear for rebalancing. Co-author of Everclear's Chain Abstraction Guide blog content. Builds Universal Accounts (ERC-4337 based) giving users a single address and balance usable across any application regardless of underlying chain.
- Gelato (RaaS)coreGelato Rollup-as-a-Service provides the infrastructure to build Everclear as an Arbitrum Orbit rollup. Everclear uses Gelato RaaS for its Layer 2 deployment.
- Arbitrum (Orbit)coreEverclear is built as an Arbitrum Orbit rollup, leveraging Arbitrum's technology stack including fast withdrawals and Chain Clusters. Co-developed Universal Intent Engine with Arbitrum.
- PolygoncoreDual role: Polygon is listed as a supporter/investor on Everclear's homepage logo wall and is also an integrated chain ecosystem partner. Polygon is one of the 18+ chains supported by Everclear for cross-chain settlement.
- Optimism (Superchain)coreEverclear supports Optimism Superchain interoperability, enabling secure state reading and message passing between blockchains within the Superchain. Co-developed intent standards ecosystem. One of 18+ chains supported.
- Rhino.FicoreBridge integration (started January 25, 2025) where rhino.fi uses Everclear's Clearing Layer to efficiently rebalance solver capital after filling users' transactions. Delivered 96% cost reduction, $12.9M volume across 8 chains in 5 weeks, with deeper API integration planned.
- Ethereum Foundation (Open Intents Framework)coreEverclear publicly announced support for the Open Intents Framework initiative kickstarted by the Ethereum Foundation, co-developing the Universal Intent Engine with Arbitrum.
Scale indicators19 records
Recent moves7 records
Expansion highlights6 records
Everclear competitors and assessment
Company assessmentDirect peers
- Across Protocol: Intent-based cross-chain bridge that uses Everclear for rebalancing but is itself a potential substitute clearing destination. Across's V4 relayer model and open relayer network compete with Everclear's netting layer for solver rebalancing workloads.
- deBridge: Cross-chain bridge and liquidity network focused on solver-style transfers and interchain messaging. Competes with Everclear for rebalancing and bridging volume with a comparable low-latency, multi-chain approach.
- LI.FI: Cross-chain bridge aggregator that aggregates orderflow from 250+ apps and routes through best bridges. Already a named Everclear integration partner but competes at the routing/aggregation layer above the clearing layer.
- Stargate Finance: LayerZero-based cross-chain bridge for unified liquidity transfers. Competes directly with Everclear-enabled bridges for cross-chain transfer volume and rebalancing economics.
- Synapse Protocol: Cross-chain bridge and liquidity network supporting asset transfers across EVM and non-EVM chains. Targets similar cross-chain transfer and rebalancing use cases as Everclear's bridge integrations.
Broad incumbents
- LayerZero: Cross-chain messaging protocol that underpins many bridges (Stargate, etc.) and competes for the same interoperability stack Everclear serves. Broader incumbent with omnichain messaging rather than dedicated clearing/settlement.
- Wormhole: Cross-chain bridge and messaging protocol with broad chain coverage. Competes with Everclear for cross-chain liquidity movement but operates a more generic message-passing model rather than a netting-based clearing layer.
Emerging players
- Particle Network: Chain abstraction protocol building Universal Accounts using Everclear for rebalancing. Both partner and adjacent competitor in the chain abstraction stack, sitting at the account/orchestration layer above Everclear's clearing layer.
- Socket: Cross-chain interoperability protocol providing a Bungee exchange/bridge aggregator and underlying infrastructure for interchain messaging. Competes for the same chain abstraction developer mindshare as Everclear.
- Mayan Finance: Cross-chain swap protocol using intent-based auctions and solver competition, particularly active on Solana↔EVM routes. Competes in the emerging cross-chain intent execution category that Everclear clears.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Everclear social profiles
Digital presenceEverclear compliance and trust
Trust signalCompliance1 record
Everclear financial estimates
Financial estimateRevenue estimate
Valuation estimate
Everclear leadership team
Management profileNumber of profiles
Profiles3 records
Everclear funding detail
Funding detailFunding overview
Funding rounds6 records
Investors27 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Everclear M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Everclear
What does Everclear do?
Everclear is a cross-chain clearing and settlement protocol that nets bidirectional liquidity flows across blockchains to reduce rebalancing costs for solvers, bridges, market makers, and CEXs by up to 10x. Built as an Arbitrum Orbit rollup using Hyperlane transport and EigenLayer AVS, it provides programmable settlement via Solidity contracts and powers the Chain Abstraction stack across 23+ chains.
Is Everclear a public or private company?
Everclear is a private company. It is classified as venture growth investor backed and is currently operating.
When was Everclear founded?
Everclear was founded in 2017. It employs 11 to 50 people.
Where is Everclear based?
Everclear is headquartered in San Francisco, United States, in the North America region.
How does Everclear make money?
Three revenue lines are on record. Protocol Settlement Fees are the primary driver. The others are settlement Fees for Cross-Chain Asset Settlement and enterprise/B2B Integration Fees.
Who are Everclear's main competitors?
Direct peers on record are Across Protocol, deBridge, LI.FI, Stargate Finance and Synapse Protocol. Broad incumbents are LayerZero and Wormhole. Emerging players are Particle Network, Socket and Mayan Finance.
Does Everclear have an API?
Yes. Everclear offers a public developer API referenced in documentation (docs.everclear.org), used by partners such as rhino.fi to automate rebalancing flows. The website also exposes a public supply API at supply.everclear.org/api/circulating_supply that returns the real-time CLEAR token circulating supply. The Docs section of the site (docs.everclear.org) is referenced as the canonical developer portal for integration guidance, including an explicit "Everclear API" used to automate reserves rebalancing for centralized-exchange partners. Developer documentation is at docs.everclear.org.
What industry is Everclear in?
Everclear's product category is Cross-Chain Clearing & Settlement Infrastructure. Its primary akta.pro industry code is FSAPAKAC, Liquidity Bridges & Cross-Chain Swaps (bridge aggregators, intent-based swaps), with a secondary code of FSADABAD, Cross-Chain DEXs & Bridge-Integrated Trading. Its NAICS code is 522320 and its SIC code is 6189.