Fragmentation is one of the biggest problems in Web3 and it is growing every day - at the beginning of the year L2beat had 34 active projects and 33 upcoming projects. Currently it has 74 L2s, 22 L3s and 81 upcoming projects.

Everclear is on a mission to tackle the growing fragmentation across blockchain ecosystems.

How?

With clearing it all up.

🚀 The problem: fragmentation and centralization

Navigating apps across multiple chains is awful and increasingly impractical. The problem is growing: 61 layer two projects are live, with 79 more in the pipeline, according to L2Beat. That's a lot of roll-ups, and that doesn't even count app-specific or unannounced ones. We're looking at thousands of roll-ups eventually. Roll-ups are the new servers.

Current approaches shift complexity from users to solvers, turning decentralized finance into a TradFi replica with few sophisticated actors controlling liquidity.

🔑 The solution: clearing layers

Clearing layers are a mechanism that allows different parties in the ecosystem to coordinate to net out flows of funds. Instead of constantly rebalancing funds across chains like Polygon and Arbitrum, clearing layers help find coincidences of demand, essentially allowing us to do nothing and save costs. Netting is free, and that's the game changer.

How does it work? Think of it as your own rollup, or state container, where everyone declares their fund movements. The rollup finds matching needs between participants using strategies like a modular Dutch auction, similar to those used in Gnosis. Importantly, it's a zero TVL system - not a liquidity pool or bridge - but a co-ordination tool for existing bridges and pools to net obligations.

Historically, the solution to fragmentation has been to build a better bridge with more liquidity, but each new bridge just adds to the problem.

🌐 Everclear’s vision? To simplify cross-chain interactions, empower solvers, and help build a truly decentralized, efficient blockchain ecosystem.