Cross-chain liquidity protocol Everclear has announced the cessation of its operations and the initiation of an orderly liquidation process. The company cited the lack of sufficient commercial depth in the market for its cross-chain fund rebalancing solver model as a key reason. Despite efforts to pivot to a B2B2C model and establish partnerships with industry institutions over the past six months, Everclear ran out of funds before these collaborations could be fully realized. The protocol, along with its UI and chain operations, has been halted, and the remaining total value locked (TVL) has been withdrawn by users and partners.