Celer Network (CELR) is a leading
layer-2 scaling and
interoperability platform that enables fast, secure, and low-cost cross-chain and off-chain transactions for decentralized applications across more than 40 blockchains. Founded in 2018 by Mo Dong and team from Berkeley and Princeton, it uses the State Guardian Network (SGN) for off-chain scaling and the Inter-chain Message Framework (IM) for arbitrary cross-chain messaging and asset transfers. The platform supports cBridge for native token bridging, cSwap for decentralized cross-chain swaps, and
dApps in
DeFi, gaming, and
Web3, with the CELR token powering
staking for SGN validators, transaction fees, governance, and reward distribution, all secured by audited contracts and a focus on high throughput and low latency.
When Did Celer Network Launch?
Celer Network was founded in 2018 by Mo Dong, Junda Liu, and team, launching its
mainnet and CELR token in 2019 after raising funds from investors like Pantera Capital and HashKey. The project achieved early milestones with State Guardian Network in 2020, cBridge cross-chain transfers in 2021, and significant 2025 expansions including multi-chain support,
RWA integrations, and $21 million funding for regulated markets, maintaining high adoption in the interoperability space by December 2025.
What Are the Key Features of Celer Network?
Celer Network features State Guardian Network for off-chain scaling and fast finality, cBridge for secure native asset transfers without wrapped tokens, Inter-chain Message Framework for arbitrary cross-chain communication, staking for
validator rewards and security, low fees and high throughput across 40+ chains, audited security with multiple reviews, and developer tools for building scalable DeFi, gaming, and Web3 applications in a composable interoperability layer.
What Is CELR Used For?
CELR is used for staking to secure the SGN and earn rewards, paying fees for cross-chain transfers and off-chain services, voting on governance proposals, providing liquidity in pools for yields, and accessing premium interoperability features for developers and users.
What Is the CELR Token Utility?
CELR secures the SGN through staking and slashing, powers governance votes on upgrades and treasury, covers fees with burns for deflation, incentivizes validators through rewards, enables cross-chain operations, and funds growth via treasury for partnerships and expansions.
What Blockchain Does Celer Network Operate On?
Celer Network operates as a multi-chain protocol with core on
Ethereum for security and support for 40+ chains through cBridge, without a single native chain for all operations.
What Are CELR Tokenomics?
CELR has a maximum supply of 10 billion tokens, with approximately 5.5 billion circulating as of December 2025. Allocation prioritizes staking rewards, ecosystem incentives, team vesting, liquidity, treasury; deflationary via fee burns.