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Injective collaborates with Caldera to launch the inEVM mainnet

Injective collaborates with Caldera to launch the inEVM mainnet

Published on

Mar 7, 2024

Today, we’re incredibly proud to announce the launch of inEVM on mainnet, the first-ever Ethereum Virtual Machine capable of achieving true composability across Cosmos and Solana, along with our friends at Injective.

Built using Caldera’s rollup infrastructure platform, inEVM grants Ethereum developers unprecedented access to Injective’s global network and user base, offering a new realm of opportunities to expand the reach of their protocols. Those developers can now harness Injective’s unrivaled transaction times, low costs, and connection to the IBC network all in Solidity, while opening their dApps simultaneously across both Ethereum and Solana. 

Leveraging the Modular Stack with Caldera

Caldera is a Rollups-as-a-Service (RaaS) platform dedicated to helping teams build, launch, and scale performant EVM rollups, currently securing over $2B in mainnet TVL across several mainnet chains, and offering integrations with 50+ industry-leading protocols across the modular stack.

By leveraging Caldera to build out key functions, integrations, and tooling, inEVM is able to provide a concurrent EVM environment that levels up performance and composability. The inEVM environment sits on top of the Injective L1 chain with Celestia underneath handling data availability, a major contributor to the network's ultra-low costs. In addition, LayerZero, which drives the most bridge value today in the EVM world, powers interoperability and data transfers, while Hyperlane, one of the foremost solutions for connecting inEVM to non-EVM chains, manages bridging and asset transfers.

"Caldera has built a robust infrastructure stack for rapidly deploying state of the art rollups. The tooling and support provided by Caldera is second to none, and we could not have asked for a better rollup infrastructure provider" said Injective Labs co-founder and CEO Eric Chen.

The Future of inEVM

Injective’s overarching mission is to democratize the financial future by fostering decentralization across the blockchain landscape. The rise of more viable execution layers requires multiple different networks to work together smoothly, and inEVM is here to fill that gap. By simplifying user interaction with Web3 and enabling developers to rapidly deploy their applications on multiple VM environments, inEVM is here to create a cohesive, user centric Web3 environment, where collaboration and community prevail over competition.

About Caldera

Caldera is one of the fastest-growing rollup ecosystems on Ethereum, empowering web3 teams to launch high-performance, customizable, application-specific rollups. Leading EVM chains like Manta, Apechain, Kinto, Injective, RARI Chain and Zero Network by Zerion use our industry-leading rollups-as-a-service platform and enjoy unified connectivity with rollups across all leading frameworks.

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