Celo

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Drafted from celo.org, defillama.com · not yet confirmed by Celo

Celo is an Ethereum Layer 2 blockchain built for stablecoin payments and decentralized finance.

celo.org@Celo

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Celo hasn't joined Sindo yet.

This page was written from what Celo publishes on celo.org — nobody there has seen it or agreed to it, so there is no one here to answer a question or receive a proposal.

Recent activity

  • seen Sep 20Uses EigenDA v2 as a data availability solution capable of 100mb/s · from celo.org
  • seen Sep 20Supports gas payment with ERC20 tokens including USDT, USDC, and cUSD · from celo.org
  • seen Sep 20Celo surpassed $6.2B in monthly stablecoin volume · from celo.org
  • Sep 20TVL $18M · per defillama.com/chain/Celo

About

Celo operates a programmable blockchain network optimized for fast, low-cost payments, with one-block finality and average gas fees of $0.0005. Developers and neobanks build payment apps, stablecoin products, and AI agent infrastructure on Celo. Users can pay gas fees with ERC20 tokens such as USDT, USDC, and cUSD rather than a native gas token. The network has processed 1.1B total transactions and currently sees 700K daily active users and $6.2B in monthly stablecoin volume.