PANews reported on April 15 that according to The Block, Everclear, a cross-chain settlement protocol supported by the Ethereum Foundation, announced that its mainnet was officially launched. Everclear, formerly known as Connext, aims to provide fast and low-cost cross-chain interaction solutions through "intention agreements" and rollup chains based on Arbitrum Orbit. The current monthly transaction volume is $125 million, and it has achieved over $1 billion in locked positions through cooperation with protocols such as Renzo. The project has received support from Pantera, Polychain, Consensys and other institutions.