Liquidity providers deposit funds into Everclear and receive transfer fees from users (supply-side fees).

Everclear is a cross-chain liquidity network that enables fully non-custodial transfers between EVM-compatible chains and L2 systems. Everclear was co-founded by  Arjun Bhuptani, Rahul Sethuram, and Layne Haber and launched in 2021.

Everclear team & investors own and govern the protocol. They do not currently take a cut of the total transfer fees paid by users (revenue).