Celo
ClaimCelo is an Ethereum Layer 2 blockchain built for stablecoin payments and decentralized finance.
Key numbers · TVL $18M · per DefiLlama · updated Sep 20
Overview
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.
Recent activity
Uses EigenDA v2 as a data availability solution capable of 100mb/s
4 more from this post
Supports gas payment with ERC20 tokens including USD₮, USDC, USA₮ and USDm
Leverages Self Protocol's privacy-preserving proof-of-humanity and identity ZK proofs
Uses zkEVM via Succinct SP1 to prove correct execution of RISC-V compiled programs
Celo surpassed $6.2B in monthly stablecoin volume
