DeFi’s Unified Liquidity Layer — EuclidSwap Founder’s Update
When Euclid Protocol’s founder, Georges Chouchani, invited 20,000 users to test EuclidSwap’s closed testnet in December 2024, it marked a crucial step forward for Unified Liquidity. Now, with the public open testnet soon to launch, it’s time to reflect on what we’ve accomplished — and why the next phase is even more exciting.
Here’s Georges’ view on how Euclid is taking Unified Liquidity to the next level.
Lessons from the Closed Testnet
As the saying goes, a problem shared is a problem halved. This proved true with our closed testnet, where a passionate community of web3 users helped stress-test our system.
As a founder, having a vision is one thing — but turning it into reality is a challenge.
Thanks to our dedicated global team handling the backend and thousands of transactions on the frontend, EuclidSwap is unlocking tens of billions of dollars in assets trapped on siloed chains.
The final months of 2024 were packed with engagements, presentations, demos, and investor meetings. Our small team crisscrossed the globe, from Cosmoverse in Dubai to ETH Bangkok, with stops in London, Riyadh, New York, and Bangalore. At each event, we showcased Euclid’s interface to thousands of DeFi enthusiasts, pushing the boundaries of what cross-chain liquidity can achieve. The response was overwhelmingly positive — not only did we easily surpass our seed funding targets, but the closed testnet also confirmed our product-market fit.
The web3 community is excited because we’re building something that benefits every chain and every dApp. Euclid isn’t just about facilitating swaps without bridging; it’s about making (for example) an EVM-to-SOL swap feel as seamless as opening a new browser tab.
The Open Testnet: A Major Leap Forward
With the open testnet launch approaching, anticipation is high. We’ve learned so much from our closed testnet, and we wouldn’t be here without the ‘army of Euclidians’ who helped us refine and improve. This next phase isn’t just an iteration — it’s a major step forward in unifying DeFi. The improvements are vast, but if I had to highlight one, it would be EVM and Solana integration.
Unlike the previous iteration, which was limited to Cosmos chains, this testnet introduces Ethereum Virtual Machine (EVM) compatibility, as well as Solana. This unlocks access to a vast universe of tokens and ecosystems, making Euclid’s Unified Liquidity Layer even more powerful.
Further Improving the Unified DeFi Experience
Delivering the best tools for our users has always been our goal, and with the open testnet, we’ve expanded our integrations with additional partners and chains.
Users can now explore liquidity across some of DeFi’s biggest platforms. The testnet includes tokens from Astroport and Osmosis, enabling swaps to, from, and through these ecosystems. Whether you’re moving between native Cosmos tokens or EVM-based assets, Euclid’s Unified Liquidity Layer seamlessly bridges these ecosystems in a way that was never possible before.
A More Intuitive and Refined User Experience
We don’t just aim for functionality — we want an experience that feels seamless, and intuitive. DeFi’s growth has stalled in recent years, in part because the user experience remains too complex for all but the most experienced traders. We want to change that.
The open testnet introduces major UI improvements, making every interaction smoother and more intuitive. From a simplified swap process to enhanced token tracking, every detail has been fine-tuned. Whether you’re a seasoned DeFi user or just getting started, our goal is to make navigating cross-chain liquidity as effortless as possible.
Setting the Stage for the Future
This testnet isn’t just a technical milestone — it’s a statement of Euclid’s commitment to making cross-chain DeFi more seamless, powerful, and accessible. As we prepare for launch, it’s clear that we’re setting the stage for a new era of interoperability. And this is just the beginning.
Stay tuned — the journey is only getting started. 🚀
Georges Chouchani, Founder & CEO — Euclid Protocol
Euclid Protocol’s vision is to bring users back to the fundamentals of DeFi — empowering users with transparency, accessibility, and control over their financial activities — making DeFi great again!
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