- This infrastructure resolves cross-chain movements and automatically rebalances inventory, reducing duplicate liquidity and lowering costs.
- The launch will allow users to immediately access Mantle using assets they already own, while Everclear will be responsible for settlement and rebalancing of the network behind the scenes.
Mantle, a high-performance distribution and liquidity layer that bridges traditional finance (TradFi), real-world assets (RWA), and on-chain liquidity, announced a new partnership with Everclear. This collaboration brings cross-chain asset settlement to the Mantle ecosystem. This will allow users to seamlessly exchange wETH directly from Ethereum, Arbitrum, Base, or Polygon to mETH on Mantle without the friction typically associated with traditional bridging.
One of the most pressing issues in multi-chain decentralized finance is the distribution of liquidity across multiple representations of the same asset. This integration solves this problem.
Resolving fragmentation with cross-chain netting and payments
As the ecosystem continues to grow, assets such as: Ethereum and USD are currently available in a variety of formats including wETH, mETH, and stETH, in addition to a growing number of stablecoins. This fragmentation is addressed by the clearing and settlement infrastructure provided by Everclear. This infrastructure resolves cross-chain movements and automatically rebalances inventory, reducing duplicate liquidity and lowering costs.
The launch will allow users to immediately access Mantle using assets they already own, while Everclear will be responsible for settlement and rebalancing of the network behind the scenes.
“The real usability of on-chain assets depends on efficient settlement across the chain,” said Emily Bao, key advisor at Mantle. “With this integration, Mantle’s RWA and Ethereum– Enabling native strategies by removing onboarding friction and allowing capital to flow into the ecosystem in a more scalable, institutional-grade manner. ”
How it works: wETH → mETH within 1 minute
Individuals who own wETH on supported chains can select Mantle as their destination and obtain mETH on Mantle in a single transaction that typically takes less than a minute.
Everclear’s solver infrastructure quickly satisfies user intent while netting and rebalancing cross-chain flows in the background to restore inventory at the lowest possible cost. This results in better pricing, no slippage, and faster execution.
“Everclear was built as a payments layer for a fragmented, multi-asset future,” said Nikita Bulgakov of the Everclear Foundation. “Connecting different representations of the same asset enables partners like Mantle and mETH Protocol to provide a truly chain-abstracted experience to users.”
Enabling capital-efficient access to the Mantle ecosystem
By using mETH as a starting point, this partnership will allow consumers to access Mantle’s ecosystem without manually bridging or exchanging assets, which is a major hurdle for both retail and professional users.
The main benefits are:
- Completely seamless user onboarding to Mantle from the major Ethereum ecosystem.
- Improved liquidity efficiency was achieved through the use of netting and clearing.
- Improved capital efficiency through faster settlement and execution.
- To provide the basis for growing into a more reliable asset based on Ethereum.
Chain abstraction financial foundation
Mantle will be the first launch partner for Everclear’s expanded cross-asset payments initiative. More support is planned in the future EthereumBase assets, stablecoins, new chains.
This partnership reflects the industry’s larger move toward chain abstraction finance, a type of finance where consumers interact with assets and applications without having to deal with complex bridges, liquidity pools, or fragmented representations.
Mantle serves as the primary distribution layer and gateway that allows financial institutions and traditional financial institutions to interact with on-chain liquidity and access real-world assets, facilitating the flow of real-world funds.
To facilitate widespread adoption, Mantle blends reliability, fluidity, and scalability with institutional-grade infrastructure. The company’s assets are community-owned and total more than $4 billion. The ecosystem is stabilized by the presence of $MNT within Bybit and expanded by the implementation of important ecosystem projects such as mETH, fBTC, and MI4. This is supported by the collaborations Mantle Network has formed with prominent publishers and protocols such as Ethena USDe, Ondo USDY, and OP-Succinct.
Everclear, originally known as Connext, is an interoperability protocol focused on cross-chain payments and liquidity rebalancing. Designed for professional users such as market makers, solvers, bridges, and exchanges. Everclear is a B2B clearing and settlement layer that operates with high levels of efficiency. We power prominent partners such as Across, Relay, LI.FI, and Eco. Everclear processes approximately $400 million per month across blue-chip assets and stablecoins.
Everclear recently introduced cross-chain asset settlement and offers a variety of customized interoperability solutions to its partners. These solutions include white-label cross-chain deposits, staking, and bespoke flows. These solutions enable partners to effectively attract customers and liquidity from long-tail business areas.
The mETH protocol developed by Mantle is a vertically integrated liquid staking and restaking protocol that operates at the convergence of DeFi composability and institutional level. Ethereum Yield Access Requirements. P2P, Kraken Staked, OSL, and Copper are the main validator and custodian partners supporting the mETH protocol. The protocol achieved a high total value locked (TVL) of $2.19 billion within its first year of operation. The protocol is not only implemented in decentralized autonomous organizations (DAOs) and corporate treasury frameworks as a key liquidity and yield layer, but is also embedded across more than 40 prominent decentralized finance and exchange platforms, including Bybit, Ethena, and more.
