Celer Integrates Injective to Enable Novel Cross-Chain Asset Transfers

May 02, 2023

Celer has integrated Injective, bringing novel assets from a wide range of L1 and L2 networks into the Injective ecosystem. With this integration, Injective will continue to expand its capabilities with respect to interoperability. Celer is an interoperability protocol that enables seamless asset transfers for various tokens across multiple L1 networks. With Celer, developers can embed efficient liquidity utilization, shared states, and coherent application logic into their dApps. Injective is already one of the most interoperable networks in existence today, supporting cross-chain assets on Ethereum, Cosmos and Solana.

Celer has integrated Injective, bringing novel assets from a wide range of L1 and L2 networks into the Injective ecosystem.

Celer will help to bring a number of assets into Injective for the first time such as Astar Network, a leading parachain on the Polkadot network. With this integration, Injective will continue to expand its capabilities with respect to interoperability. In fact, Injective will have one of the highest number of cross-chain connections in the entire industry.

What is Celer?

Celer is an interoperability protocol that enables seamless asset transfers for various tokens across multiple L1 networks. With Celer, developers can embed efficient liquidity utilization, shared states, and coherent application logic into their dApps.

Celer powers cBridge, a decentralized and non-custodial asset bridge that supports 150+ tokens and has processed over $13 Billion in volume. With the current integration, cBridge now supports the bridging of assets such as Astar, Injective and Polkadot.

How Does This Integration Bring Value to the Injective Ecosystem?

Injective is already one of the most interoperable networks in existence today, supporting cross-chain assets on Ethereum, Cosmos and Solana.

The collaboration with Celer will bring Injective’s cross-chain capabilities to new heights as it expands access into networks such as Astar and Polkadot. As a result, dApps built on Injective can support new assets that were previously inaccessible. This further bolsters Injective’s position as the primary gateway for assets to enter the broader IBC world.

About Injective

Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native deflationary scarce asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.

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About Celer

Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions and more across multiple chains. Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.

The source of this news is from Injective