Caldera: Making Rollup Interoperability Possible
The number of rollups is increasing, but they are highly fragmented, with dispersed liquidity and poor development experience. The emergence of Caldera aims to address these pain points.
Its core is Metalayer — a three-layer architecture cross-chain protocol. The execution layer handles intent routing, the settlement layer uses Hyperlane to reduce latency to seconds, and the development layer encapsulates an SDK, allowing developers to call cross-chain functions as easily as using an API. The result is faster user transactions and simpler development integration.
In terms of ecosystem scale, Caldera already supports 100+ rollup deployments, with a total TVL exceeding $400M, processing over 850 million transactions. Representative projects include Manta Pacific, ApeChain, RARI Chain, and K2 Rollup, covering tracks in DeFi, GameFi, NFT, and national-level applications.
On the token side, $ERA is currently priced around $0.79, with a circulation rate of 14.85%. Although the valuation is not low, it has backing from institutions like Sequoia and Dragonfly, and has been listed on top exchanges like Binance and Coinbase.
