- Swap wETH to Mantle’s mETH from major chains in under 60 seconds.
- No traditional bridges, slippage, or complex onboarding steps required.
- Netting + rebalancing cuts liquidity fragmentation and operational costs.
The blockchain industry’s liquidity fragmentation problem has a new solution.
Everclear, the interoperability protocol formerly known as Connext, has launched cross-chain asset settlement on Mantle Network.
The partnership will allow users to convert wrapped Ethereum (wETH) from major chains including Ethereum, Arbitrum, Base, and Polygon directly into Mantle’s mETH token in under 60 seconds.
The integration bypasses traditional bridging entirely, marking a significant infrastructure breakthrough for decentralized finance adoption.
The partnership tackles one of DeFi’s most stubborn challenges: liquidity fragmentation.
As blockchain ecosystems have proliferated, identical assets now exist in multiple representations across different networks.
This fragmentation creates inefficiency, higher costs, and friction that deters both retail and institutional participation.
Everclear’s clearing infrastructure solves this problem by netting cross-chain flows and automatically rebalancing inventory, dramatically reducing redundant liquidity and operational costs.
How the settlement layer works
The mechanics are elegant in their simplicity. Users holding wETH on any supported chain select Mantle as their destination.
Everclear’s solver network fills the intent immediately, delivering mETH to the user’s wallet while managing settlement and rebalancing operations behind the scenes at optimal pricing.
The result is zero slippage, fast execution, and capital efficiency that traditional bridges cannot match.
Nikita Bulgakov from the Everclear Foundation explained the vision:
Everclear was built to be the settlement layer for a fragmented, multi-asset future. By connecting different representations of the same asset, we enable partners like Mantle and mETH Protocol to offer a truly chain-abstracted experience to users.