Do not worry, I will not share any shocking Twitter thread to clickbait you!
I will share the top 10 Layer-2 protocols that are set to disrupt the game in 2023!
Let's dive in! ๐
An unshocked thread ๐งต
1๏ธโฃ Arbitrum ($ARB) ๐
Features - Arbitrum High-speed transactions at 40,000 TPS & low fees, Arbitrum is EVM-compatible, making DApp development easy. Also, no need to learn new coding languages for devs!
๐ช Token: $ARB
๐ฐ Market Cap: $1.5B
๐ TVL: $2.26B
2๏ธโฃ Optimism ($OP) โก
Features: Optimism uses optimistic rollups for increased Ethereum scalability & efficiency. A vibrant DeFi ecosystem with over $900M TVL, it's a promising Layer 2 solution.
๐ช Token: $OP
๐ฐ Market Cap: $715M
๐ TVL: $924M
3๏ธโฃ Polygon ($MATIC) ๐ท
Features: This Layer 2 solution uses a combination of zk-Rollups, sidechains, and Plasma technology for scalability.
๐ช Token: $MATIC
๐ฐ Market Cap: $10.23B
๐ TVL: $1.09B
(As of 8 April 2023)
4๏ธโฃ zkSync ($ZKS) ๐
Features: A zk-rollup platform, zkSync has nearly full EVM compatibility. With faster withdrawals & up to 2,000 TPS, it's a major step in Layer 2 tech.
๐ Alpha: A potential airdrop!
๐ช Token: $ZKS (yet to launch)
๐ฐ Market Cap: NA
๐ TVL: $163M
5๏ธโฃ Immutable X ($IMX)๐ฎ
Features: A decentralized exchange platform for NFTs, Immutable X offers fast, secure trading for Web 3 gaming & beyond. Game on!
๐ช Token: $IMX
๐ฐ Market Cap: $944M
๐ TVL: $127M
6๏ธโฃ Loopring ($LRC) ๐
Features: Loopring enables noncustodial order book-based DEXs & payment protocols. With over 2,000 TPS & ZK-rollups, it's a growing contender for DeFi & staking protocols.
๐ช Token: $LRC
๐ฐ Market Cap: $440M
๐ TVL: $125M
7๏ธโฃ Mantle ๐
It offers low-fee applications with Ethereum-grade security.
Features: Mantle is the first modular Layer 2 protocol initiated by a DAO, expanding BitDAO's governance token, $BIT. High throughput & lower gas fees make Mantle a top choice.
๐ช Utility Token: $BIT
8๏ธโฃ METIS ๐
Features: A fast-growing Layer 2 rollup focused on DeFi, METIS offers high-speed transactions & low fees. With a staking program & up to 11% APY, it's a rising star.
๐ช Token: $METIS
๐ฐ Market Cap: $123M
๐ TVL: $123M
9๏ธโฃ Shibarium ๐
Features: The upcoming Layer 2 for the #ShibaInu ecosystem, Shibarium offers faster transactions & lower gas fees. Get ready for the SHIBDAO airdrop & new features!
๐ช Native Token: SHIB
๐ฐ SHIB Market Cap: $6.4B
๐ Starknet ($STRK) ๐
Features: A decentralized ZK-rollup, StarkNet uses STARK-Proofs for privacy & security. Watch for the native token STRK launch & invest in projects built on StarkNet! ๐๐
๐ช Token: $STRK (yet to launch)
๐ TVL: $29.01M
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