I don't know if everyone has noticed, but the growth of DeFi is slowing down. One reason for this is that most protocols are forced to operate under the same rules and restrictions. An options protocol and a lending protocol essentially share the same chain resources, which limits space for innovation and differentiation. In the real world, financial innovation often arises in 'special zones,' and Caldera can provide this 'financial special zone' for DeFi.

Through Caldera, protocol parties can deploy a DeFi exclusive chain that serves only themselves. It can design a fee distribution mechanism at the chain layer and even set special execution rules for liquidation logic. For example, a perpetual contract market can directly optimize matching logic through a dedicated rollup, supporting low-latency, low-cost high-frequency trading, which is unimaginable on Ethereum or Solana.

More importantly, the interoperability features provided by Caldera ensure that these 'special zones' are not isolated. Assets on a DEX chain can directly enter a lending chain, and funds from the derivatives market can seamlessly flow into the collateral market. All these cross-chain liquidity do not require reliance on centralized bridging but are completed by the ERA ecosystem.

The future of DeFi may not be a large and comprehensive main chain, but a network of countless 'financial special zone chains.' Each protocol optimizes rules in its own exclusive environment while sharing liquidity through Caldera's cross-chain functionality. This model ensures flexibility while retaining interoperability.

If Layer 1 is the 'unified Wall Street,' then Caldera is the 'financial free trade zone' opened up for DeFi projects, allowing protocol parties to truly have the soil for free innovation. @Caldera Official #Caldera $ERA