Connext Network DeFi is an ambitious crypto-project that combines blockchains and creates inter-network liquidity to enable fast and network-independent transactions. Currently, the project is about to launch an Amarok update and is getting ready to issue its own NEXT token.
Connext is a crosschain liquidity network that enables fast, fully-noncustodial transfers between EVM-compatible chains and L2 systems. Ethereum is going multichain. With the growing adoption of evm-compatible chains and L2s, a new challenge has emerged around liquidity fragmentation within the ecosystem. Connext solves this problem by connecting discrete liquidity pools on each chain into a global network, without introducing new, significant trust considerations for users. Developers can leverage this liquidity to build a new class of natively chain-agnostic dApps on Connext.
Connext is the interoperability protocol of L2 EthereumEthereum