Everclear introduces cross-chain asset settlement for the Mantle Ecosystem

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Mantle partners with Everclear to enable instant, frictionless wETH-to-mETH swaps across major Ethereum chains, eliminating traditional bridging.

Mantle, the Ethereum Layer-2 solution, today announced a new collaboration with Everclear, introducing cross-chain asset settlement to the Mantle ecosystem that allows users to swap wETH from Ethereum, Arbitrum, Base, or Polygon directly into mETH on Mantle, without traditional bridging friction.

This integration addresses one of the most pressing challenges in multi-chain DeFi: liquidity fragmentation across multiple representations of the same asset.

As ecosystems scale, assets like ETH and USD now exist in many forms, from wETH, mETH, stETH to an expanding set of stablecoins. Everclear’s clearing and settlement infrastructure solves this fragmentation by netting cross-chain flows and automatically rebalancing inventory, reducing redundant liquidity and lowering costs.

With this launch, users can access Mantle directly using assets they already hold, while Everclear handles settlement and rebalancing behind the scenes.

Users holding wETH on supported chains can select Mantle as the destination and receive mETH on Mantle in a single transaction, typically in under one minute.

Mantle is the first launch partner for Everclear’s expanded cross-asset settlement initiative, with future plans to support additional ETH-based assets, stablecoins, and new chains.

This collaboration reflects a broader industry shift toward chain-abstracted finance, where users interact with assets and applications without needing to manage the complexity of bridges, liquidity pools, or fragmented representations.

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Source: https://crypto.news/everclear-introduces-cross-chain-asset-settlement-for-the-mantle-ecosystem/