Celo chain
Overview
Celo is a mobile-first, EVM-compatible blockchain platform designed for decentralized finance (DeFi) and payments. It uses phone numbers as public keys via a lightweight identity layer and natively supports stablecoins (cUSD, cEUR) pegged to fiat currencies. The network emphasizes accessibility for smartphone users.
Within the DeFi Intel graph, Celo connects to 38 tracked entities, most strongly to Ethereum, USD Coin, Tether USD.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 38 total).
| Relation | Connected entity | Confidence |
|---|---|---|
settles_to | Ethereum | 95% |
deployed_on | USD Coin | 95% |
deployed_on | Tether USD | 95% |
deployed_on | Morpho Blue | 95% |
deployed_on | Uniswap V3 | 95% |
deployed_on | Curve DEX | 95% |
bridges | Portal | 95% |
deployed_on | Aave V3 | 95% |
deployed_on | Safe | 95% |
deployed_on | Portal | 95% |
Frequently asked questions
What is Celo?
Celo is a blockchain platform that prioritizes mobile accessibility, enabling DeFi and payments using phone numbers as public keys. It is EVM-compatible and issues stablecoins pegged to fiat currencies.
How does Celo achieve mobile-first functionality?
Celo uses a lightweight identity protocol that maps phone numbers to public keys, allowing users to transact using phone numbers. It also employs ultra-light clients and gas fee subsidies for specific transactions.
What stablecoins does Celo support?
Celo natively supports stablecoins such as cUSD (pegged to the US dollar) and cEUR (pegged to the euro), which are minted and burned through on-chain mechanisms.
What is Celo connected to?
In the DeFi Intel knowledge graph, Celo is linked to 38 other tracked entities, most strongly to Ethereum, USD Coin, Tether USD.
More on Celo
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