Celer Network

About

Celer Network is a blockchain interoperability protocol and layer-2 scaling platform founded in 2018 and based in Singapore. It enables seamless cross-chain interactions and high-speed transactions, addressing key blockchain challenges such as slow speeds and high costs through off-chain scaling techniques like state channels and rollups. Celer supports 43 chains and 174 tokens, positioning itself as a significant player in the layer-2 market. The company offers various tools for developers to create inter-chain-native decentralized applications (dApps) with high liquidity efficiency. Key products include the State Guardian Network, a scalable sidechain that enhances usability and security, and cBridge, a decentralized asset bridge that has processed over $11 billion in transfers. The Celer IM SDK allows for the development of diverse dApps, including those for DeFi, GameFi, and NFTs. Celer Network aims to provide a user-friendly experience while significantly reducing transaction latency and costs compared to traditional layer-1 chains.