Everclear launched a cross-chain asset settlement on Mantle, enabling 60-second WETH-to-mETH switching.

Convert mETH from mainchain to mantle in less than 60 seconds. No traditional bridges, slips or complex boarding steps are required. Net + Balancing reduces liquidity disruption and operational costs.

The blockchain industry has a new solution to the problem of liquidity fragmentation.

Everclear, a communication protocol formerly known as Connext, has launched cross-chain asset management on the Mantle network.

The partnership will allow users to directly convert Ethereum (wETH) from major chains, including Ethereum, Arbitrum, Base and Polygon, into Mantle mETH tokens in less than 60 seconds.

The integration bypasses traditional bridges entirely, marking a significant infrastructural breakthrough in the adoption of decentralized finance..

The partnership solves one of DeFi's most stubborn challenges: liquidity fragmentation.

As blockchain ecosystems expand, the same assets exist in different representations across different networks.

This fragmentation creates inefficiencies, high costs and conflicts that inhibit retail and institutional participation.

Everclear's clearing infrastructure solves this problem by streamlining cross-chain flows and automatically balancing inventory, dramatically reducing recurring liquidation and operational costs..

How the settlement layer works

The mechanics are beautiful in their simplicity. Users holding WET on any supported chain will choose Mantle as their destination.

Everclear's solving network fills the gap instantly, providing mETH to user wallets, managing settlement and handling behind-the-scenes work at the best price.

The result is zero slip, fast performance and capital efficiency that traditional bridges can't match..

Nikita Bulgakov from the Everclear Foundation explains the vision:

Everclear is 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 the mETH protocol to deliver a truly on-chain experience to users..

Accelerate institutional adoption of Mantle

Mantle has emerged as a serious contender in the liquidity infrastructure space, placing more than $4 billion in community-owned assets and positioning itself as the main gateway for institutions connecting to on-chain liquidity and real-world assets.

The mETH protocol, Mantle's flagship liquid staking solution, achieved the highest valuation ever locked in at $2.19 billion and is now integrated into 40+ major platforms on Bybit, Athena and leading security providers such as P2P and Copper.

“In the real world, the use of on-chain assets depends on the efficiency between the chains.” said Emily Bao, Mantle's key adviser.

This integration strengthens Mantle's RWA and ETH-native strategy by eliminating on-boarding friction and allowing capital to flow into the ecosystem at a broader institutional level.

The Everclear partnership removes a critical barrier to growth.

Previously, users traveling through multiple chains faced bridge risks, drift costs and complexity that discouraged participation. Now, boarding will be frictionless.

Expanding the settlement layer

Everclear already handles nearly $400 million in monthly volume across blue-chip assets and stablecoins, serving professional users including market makers, speculators, bridges and exchanges.

Mantle's launch marks the beginning of expanded asset settlement capabilities, with plans to support more ETH-based assets, stablecoins and emerging blockchain networks..

This development emphasizes the industry's growth in on-chain abstract finance, where users and institutions interact with blockchain infrastructure without managing the underlying complexity.

For the DeFi ecosystem, it represents a meaningful step towards mainstream adoption.