# Celo

## One line

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

## What we do

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.

## Find us

- Website: https://celo.org
- X: https://x.com/Celo

## Recent updates

- seen: 2026-09-20 — Uses EigenDA v2 as a data availability solution capable of 100mb/s · https://celo.org/
- seen: 2026-09-20 — Supports gas payment with ERC20 tokens including USDT, USDC, and cUSD · https://celo.org/
- seen: 2026-09-20 — Celo surpassed $6.2B in monthly stablecoin volume · https://celo.org/
- 2026-09-20 — TVL $18M · https://defillama.com/chain/Celo

## Last updated

last_checked: 2026-09-20 (celo.org)

state: unclaimed

confirmed: no (drafted from the company's own public sources)

verified: no

Source: https://sindo.io/c/celo