In the world of DeFi, the efficiency of capital determines the competitiveness of protocols. However, in a multi-chain environment, liquidity is fragmented across different chains, leading to low capital utilization. Caldera's Metalayer provides a practical solution to this issue: by enabling cross-chain interoperability, it unifies dispersed liquidity into a single network.
For example, a lending protocol has deployed versions on both Arbitrum and Optimism, causing user assets to be split across the two chains, making it difficult to use them cohesively. Under Caldera's Metalayer, the lending protocol can directly access cross-chain liquidity, allowing user assets collateralized on Arbitrum to also support the lending pool on Optimism. This cross-chain composability enables multi-chain DeFi protocols to truly achieve the effect of "1+1>2."
This model also means higher capital efficiency for users. For instance, users do not need to collateralize assets repeatedly across each chain; instead, they can allocate assets across chains through Metalayer, reducing capital costs. For protocols, this can lead to faster formation of liquidity network effects, enhancing overall competitiveness.
As the scale of DeFi continues to expand, Caldera's interoperability layer will become the "router for multi-chain capital." This is one of its biggest differentiating advantages in the RaaS arena.
