Euclid Protocol’s Georges Chouchani on Making Liquidity Work Across All Blockchains
Summary
Georges Chouchani, founder of Euclid Protocol, argues that the crypto industry has historically treated liquidity as a finite resource, leading to fragmentation across networks where assets require separate pools. He contends that existing solutions focusing on moving liquidity via bridges are inefficient because wrapped assets are not the same as native ones, breaking liquidity pools.
Euclid Protocol aims to solve this by creating a unified liquidity layer that makes liquidity accessible from any network without needing to move or wrap assets. Chouchani likens this to the New York Stock Exchange, unifying markets across 50+ networks so that protocols can access the total existing liquidity, not just the liquidity locally available on one chain. To achieve this unification, Euclid sets prices using its own Automated Market Maker (AMM) and orderbook, rejecting the aggregator model of simply finding the best price elsewhere.
This infrastructure removes complexity like gas management, bridging, and rebalancing for users and protocols, saving protocols millions annually in capital inefficiencies. For lending protocols, it ensures liquidations can occur across all 50+ networks without manual rebalancing. Euclid recently raised $3.5 million, and its token will accrue value, incentivize integrations, and grant governance rights to stakers, fueling a "liquidity flywheel."
(Source:BeInCrypto)