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Mantle companions with Everclear to allow instantaneous, frictionless wETH-to-mETH swaps throughout main Ethereum chains, eliminating conventional bridging.
Mantle, the Ethereum Layer-2 resolution, in the present day introduced a brand new collaboration with Everclear, introducing cross-chain asset settlement to the Mantle ecosystem that permits customers to swap wETH from Ethereum, Arbitrum, Base, or Polygon instantly into mETH on Mantle, with out conventional bridging friction.
This integration addresses one among the most urgent challenges in multi-chain DeFi: liquidity fragmentation throughout a number of representations of the identical asset.
As ecosystems scale, belongings like ETH and USD now exist in lots of kinds, from wETH, mETH, stETH to an increasing set of stablecoins. Everclear’s clearing and settlement infrastructure solves this fragmentation by netting cross-chain flows and robotically rebalancing stock, decreasing redundant liquidity and reducing prices.
With this launch, customers can entry Mantle instantly utilizing belongings they already maintain, whereas Everclear handles settlement and rebalancing behind the scenes.
Customers holding wETH on supported chains can choose Mantle as the vacation spot and obtain mETH on Mantle in a single transaction, usually in below one minute.
Mantle is the first launch accomplice for Everclear’s expanded cross-asset settlement initiative, with future plans to assist further ETH-based belongings, stablecoins, and new chains.
This collaboration displays a broader business shift towards chain-abstracted finance, the place customers work together with belongings and functions while not having to handle the complexity of bridges, liquidity swimming pools, or fragmented representations.
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