Ajay Kashyap Profile picture
Apr 16, 2023 โ€ข 12 tweets โ€ข 5 min read โ€ข Read on X
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! ๐Ÿ‘‡

An unshocked thread ๐Ÿงต Image
1๏ธโƒฃ Arbitrum ($ARB) ๐ŸŒ

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!

๐Ÿช™ Token: $ARB
๐Ÿ’ฐ Market Cap: $1.5B
๐Ÿ”’ TVL: $2.26B Image
2๏ธโƒฃ Optimism ($OP) โšก

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.

๐Ÿช™ Token: $OP
๐Ÿ’ฐ Market Cap: $715M
๐Ÿ”’ TVL: $924M Image
3๏ธโƒฃ Polygon ($MATIC) ๐Ÿ”ท

Features: This Layer 2 solution uses a combination of zk-Rollups, sidechains, and Plasma technology for scalability.

๐Ÿช™ Token: $MATIC
๐Ÿ’ฐ Market Cap: $10.23B
๐Ÿ”’ TVL: $1.09B
(As of 8 April 2023) Image
4๏ธโƒฃ zkSync ($ZKS) ๐ŸŒ€

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.

๐Ÿ‘€ Alpha: A potential airdrop!
๐Ÿช™ Token: $ZKS (yet to launch)
๐Ÿ’ฐ Market Cap: NA
๐Ÿ”’ TVL: $163M Image
5๏ธโƒฃ Immutable X ($IMX)๐ŸŽฎ

Features: A decentralized exchange platform for NFTs, Immutable X offers fast, secure trading for Web 3 gaming & beyond. Game on!

๐Ÿช™ Token: $IMX
๐Ÿ’ฐ Market Cap: $944M
๐Ÿ”’ TVL: $127M Image
6๏ธโƒฃ Loopring ($LRC) ๐Ÿ”—

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.

๐Ÿช™ Token: $LRC
๐Ÿ’ฐ Market Cap: $440M
๐Ÿ”’ TVL: $125M Image
7๏ธโƒฃ Mantle ๐ŸŒ

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.

๐Ÿช™ Utility Token: $BIT Image
8๏ธโƒฃ METIS ๐ŸŒŸ

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.

๐Ÿช™ Token: $METIS
๐Ÿ’ฐ Market Cap: $123M
๐Ÿ”’ TVL: $123M Image
9๏ธโƒฃ Shibarium ๐Ÿ•

Features: The upcoming Layer 2 for the #ShibaInu ecosystem, Shibarium offers faster transactions & lower gas fees. Get ready for the SHIBDAO airdrop & new features!

๐Ÿช™ Native Token: SHIB
๐Ÿ’ฐ SHIB Market Cap: $6.4B Image
๐Ÿ”Ÿ Starknet ($STRK) ๐Ÿ”

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! ๐ŸŒŒ๐Ÿ”‘

๐Ÿช™ Token: $STRK (yet to launch)
๐Ÿ”’ TVL: $29.01M Image
If you've enjoyed this thread, hit that โค๏ธ, retweet, and follow for more mind-blowing insights and information.

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