Top Smart Contract Platform Coins by Market Cap
Smart contract platforms are usually blockchains that host smart contracts or decentralized applications. Users can interact with different smart contracts on these platforms to perform various actions such as lending and borrowing funds, staking their assets or minting NFTs. Smart contracts are programs that are stored on the blockchain and are automatically executed when certain conditions are met.
| # | Coin | Price | 1h | 24h | 7d | 30d | 24h Volume | Market Cap | FDV | Market Cap / FDV | Last 7 Days | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 300 |
Prom
PROM
|
$5.23 | 0.5% | 0.5% | 14.3% | 9.3% | $3,915,857 | $95,443,630 | $100,673,418 | 0.9480519480519479 |
|
||
| 303 |
Quantum Resistant Ledger
QRL
|
Buy
|
$1.21 | 0.1% | 1.4% | 47.2% | 75.9% | $68,499.17 | $94,940,061 | $94,940,061 | 1.0 |
|
|
| 304 |
Kusama
KSM
|
Buy
|
$4.92 | 0.8% | 5.3% | 3.7% | 28.1% | $2,962,803 | $93,433,919 | $93,434,556 | 0.9999931859985666 |
|
|
| 306 |
Helium
HNT
|
Buy
|
$0.4685 | 0.7% | 7.3% | 13.0% | 5.8% | $3,564,384 | $91,511,082 | $91,511,065 | 1.0000001863191628 |
|
|
| 309 |
WEMIX
WEMIX
|
Buy
|
$0.1825 | 0.2% | 3.7% | 5.3% | 2.5% | $584,954 | $91,218,580 | $102,316,697 | 0.8915317090278716 |
|
|
| 317 |
Gas
GAS
|
Buy
|
$1.34 | 0.4% | 4.5% | 5.5% | 5.1% | $619,300 | $87,413,758 | $87,413,758 | 1.0 |
|
|
| 323 |
Pharos
PROS
|
$0.6333 | 1.0% | 7.8% | 13.6% | 35.7% | $1,624,310 | $85,872,458 | $633,277,714 | 0.1356 |
|
||
| 326 |
Qubic
QUBIC
|
$0.065919 | 1.9% | 5.3% | 0.9% | 53.2% | $996,043 | $84,814,041 | $105,375,877 | 0.8048715088950941 |
|
||
| 334 |
ZIG Finance
ZIG
|
$0.05870 | 0.1% | 0.2% | 2.8% | 30.0% | $2,976,890 | $82,701,110 | $114,691,173 | 0.7210765022651332 |
|
||
| 335 |
Zano
ZANO
|
Buy
|
$5.18 | 0.6% | 8.2% | 5.0% | 13.2% | $1,197,188 | $80,069,189 | $80,071,264 | 0.9999740874217836 |
|
|
| 337 |
Nervos Network
CKB
|
$0.001598 | 1.3% | 1.1% | 19.1% | 40.1% | $58,680,602 | $79,405,082 | $80,769,630 | 0.9831056830175072 |
|
||
| 340 |
ADI
ADI
|
Buy
|
$8.35 | 0.0% | 0.1% | 3.5% | 4.8% | $4,607,514 | $78,793,238 | $8,351,597,252 | 0.00943451122830515 |
|
|
| 342 |
Berachain
BERA
|
Buy
|
$0.2227 | 1.0% | 2.7% | 5.8% | 15.6% | $12,794,696 | $77,924,675 | $125,259,882 | 0.6221040116676356 |
|
|
| 353 |
ZetaChain
ZETA
|
$0.04556 | 0.4% | 3.8% | 10.5% | 32.0% | $5,279,627 | $75,427,237 | $95,666,730 | 0.7884374999999999 |
|
||
| 356 |
Data Network
DATA
|
$0.2065 | 0.4% | 3.8% | 0.6% | 7.5% | $12,248,186 | $74,313,602 | $213,370,776 | 0.3482838790405539 |
|
||
| 358 |
Kava
KAVA
|
$0.06795 | 0.2% | 0.5% | 1.3% | 3.6% | $8,433,126 | $73,574,491 | $73,574,491 | 1.0 |
|
||
| 359 |
Linea
LINEA
|
$0.002999 | 0.4% | 0.9% | 4.7% | 10.3% | $17,859,611 | $73,561,976 | $214,725,030 | 0.3425868702230548 |
|
||
| 360 |
VeThor
VTHO
|
$0.0007093 | 0.5% | 3.6% | 11.1% | 5.0% | $4,400,073 | $73,555,525 | $73,560,884 | 0.9999271551844245 |
|
||
| 363 |
Holo
HOT
|
$0.0004084 | 0.4% | 3.3% | 9.9% | 5.7% | $3,279,205 | $72,535,705 | $72,535,705 | 1.0 |
|
||
| 364 |
Theta Fuel
TFUEL
|
Buy
|
$0.009661 | 0.4% | 3.9% | 8.0% | 3.8% | $380,929 | $72,415,408 | $72,418,481 | 0.9999575762956538 |
|
|
| 375 |
Zilliqa
ZIL
|
$0.003597 | 0.4% | 0.1% | 0.2% | 31.6% | $4,299,940 | $70,196,611 | $74,145,465 | 0.9467418028045915 |
|
||
| 376 |
Unipoly
UNP
|
$0.2501 | 0.0% | 3.1% | 16.1% | 77.4% | $332,966 | $69,822,998 | $250,055,503 | 0.27922999999999987 |
|
||
| 379 |
Oasis
ROSE
|
Buy
|
$0.008504 | 0.5% | 10.5% | 2.8% | 26.2% | $6,976,512 | $69,068,161 | $85,037,446 | 0.8122087823999999 |
|
|
| 383 |
GAL (migrated to Gravity - G)
GAL
|
$0.5323 | 0.1% | 1.8% | 8.1% | 65.8% | $19.71 | $67,999,897 | $106,458,321 | 0.6387466559367216 |
|
||
| 390 |
ONEchain
ONE
|
$0.1253 | 0.4% | 6.5% | 15.5% | 9.8% | $2,269,513 | $66,860,463 | $123,435,522 | 0.5416630616829278 |
|
||
| 396 |
Nexpace
NXPC
|
$0.2094 | 0.1% | 5.7% | 11.4% | 1.5% | $3,774,532 | $65,525,013 | $208,276,769 | 0.3146054835550244 |
|
||
| 401 |
DigiByte
DGB
|
$0.003453 | 0.2% | 1.7% | 18.6% | 25.1% | $3,694,444 | $63,919,075 | $63,920,606 | 0.9999760411570635 |
|
||
| 402 |
XPR Network
XPR
|
$0.002220 | 0.7% | 2.1% | 4.7% | 18.8% | $1,168,647 | $63,614,395 | $71,910,961 | 0.8846272445902361 |
|
||
| 404 |
Merlin Chain
MERL
|
$0.02976 | 0.1% | 7.8% | 6.7% | 22.5% | $5,104,485 | $62,488,642 | $62,488,642 | 1.0 |
|
||
| 407 |
AltLayer
ALT
|
$0.008387 | 1.9% | 1.5% | 5.0% | 28.0% | $23,502,511 | $61,787,007 | $83,867,836 | 0.7367187496 |
|
||
| 409 |
Enjin Coin
ENJ
|
$0.03068 | 1.0% | 4.6% | 7.8% | 13.5% | $5,139,861 | $61,599,100 | $62,277,176 | 0.9891119782537265 |
|
||
| 419 |
Metal Blockchain
METAL
|
$0.1175 | 0.9% | 1.4% | 2.6% | 12.5% | $488,912 | $59,657,912 | $78,346,769 | 0.7614597593407131 |
|
||
| 426 |
Astar
ASTR
|
$0.006686 | 0.6% | 4.8% | 10.2% | 13.1% | $951,520 | $58,731,622 | $58,736,798 | 0.9999118760024719 |
|
||
| 430 |
Ontology
ONT
|
$0.05820 | 0.1% | 4.7% | 3.8% | 8.0% | $3,334,604 | $58,199,516 | $58,199,516 | 1.0 |
|
||
| 432 |
Flow
FLOW
|
$0.03426 | 0.2% | 3.1% | 8.8% | 22.5% | $19,161,504 | $58,060,734 | $58,060,734 | 1.0 |
|
||
| 435 |
Celo
CELO
|
$0.09441 | 0.4% | 3.7% | 10.1% | 15.8% | $3,612,923 | $57,443,566 | $94,413,943 | 0.60842249 |
|
||
| 439 |
Pirate Chain
ARRR
|
$0.2851 | 0.8% | 1.1% | 11.8% | 24.8% | $482,181 | $55,945,844 | $57,025,392 | 0.98106898985275 |
|
||
| 442 |
Creditcoin
CTC
|
$0.1014 | 1.0% | 0.1% | 8.7% | 2.8% | $5,684,083 | $55,707,843 | $60,820,377 | 0.9159404445797021 |
|
||
| 445 |
Ronin
RON
|
$0.07174 | 0.3% | 1.5% | 8.1% | 38.3% | $2,750,786 | $55,409,643 | $71,736,823 | 0.7724016794337812 |
|
||
| 447 |
aelf
ELF
|
$0.06681 | 0.1% | 2.0% | 12.7% | 12.7% | $3,930,481 | $55,238,421 | $66,811,020 | 0.8267860703435764 |
|
||
| 449 |
Aztec
AZTEC
|
$0.01842 | 0.0% | 4.7% | 6.8% | 27.5% | $12,862,959 | $55,160,294 | $190,691,878 | 0.2892639940231884 |
|
||
| 451 |
Nockchain
NOCK
|
$0.02331 | 2.0% | 11.2% | 4.0% | 50.0% | $941,039 | $54,836,890 | $100,124,670 | 0.5476861000061035 |
|
||
| 455 |
DUSK
DUSK
|
$0.08882 | 2.4% | 3.3% | 3.8% | 21.9% | $5,887,703 | $54,069,636 | $54,069,885 | 0.9999954007804789 |
|
||
| 457 |
APEX
AP3X
|
$0.02919 | 0.1% | 1.7% | 18.0% | 80.8% | $5,762.24 | $53,661,512 | $87,576,902 | 0.6127359006666667 |
|
||
| 466 |
Polymesh
POLYX
|
$0.03957 | 0.4% | 4.4% | 5.0% | 8.5% | $520,201 | $52,555,891 | $52,555,891 | 1.0 |
|
||
| 472 |
MegaETH
MEGA
|
$0.04528 | 0.7% | 2.5% | 9.5% | 19.7% | $13,627,883 | $51,162,277 | $452,846,550 | 0.1129792788 |
|
||
| 478 |
PHALA
PHA
|
$0.05867 | 0.6% | 0.5% | 19.6% | 123.9% | $24,985,358 | $50,328,941 | $58,672,111 | 0.8578000677473777 |
|
||
| 479 |
ALEO
ALEO
|
$0.03382 | 0.7% | 0.6% | 14.7% | 100.6% | $1,287,731 | $50,286,764 | $70,615,615 | 0.712119604738646 |
|
||
| 489 |
Nexus
NEX
|
$0.068112 | 0.0% | 0.2% | 2.5% | 21.4% | $183,356 | $48,670,075 | $81,116,791 | 0.5999999999999999 |
|
||
| 493 |
ARIA NETWORK
ARIAX
|
$0.2380 | 0.8% | 4.9% | 13.5% | 3.2% | $661,461 | $47,593,768 | $47,593,768 | 1.0 |
|
||
| 496 |
Siacoin
SC
|
$0.0009522 | 0.1% | 5.1% | 6.5% | 0.5% | $2,568,022 | $47,372,698 | $47,372,698 | 1.0 |
|
||
| 504 |
Lisk
LSK
|
$0.2139 | 1.6% | 11.2% | 24.6% | 17.8% | $6,837,754 | $46,300,021 | $64,180,712 | 0.7214008615801902 |
|
||
| 507 |
Verge
XVG
|
Buy
|
$0.002791 | 0.5% | 5.2% | 10.3% | 4.3% | $1,206,730 | $46,112,957 | $46,205,196 | 0.9980036988729287 |
|
|
Unit Bitcoin
UBTC
|
$82,446.64 | 0.0% | 1.6% | 3.3% | 6.6% | $84,581,054 | $45,929,454 | $45,614,421 | 1.006906423595384 |
|
|||
| 510 |
Concordium
CCD
|
$0.003577 | 0.1% | 0.2% | 3.9% | 7.1% | $154,891 | $45,594,284 | $52,579,012 | 0.8671574877607581 |
|
||
| 515 |
Nano
XNO
|
$0.3356 | 1.3% | 2.2% | 7.0% | 3.7% | $135,975 | $44,721,232 | $44,721,232 | 1.0 |
|
||
| 516 |
Hydration
HDX
|
$0.007551 | 0.6% | 2.6% | 0.9% | 5.6% | $25,574.93 | $44,687,834 | $48,499,148 | 0.9214148151169207 |
|
||
XDAI
XDAI
|
Buy
|
$0.9997 | 0.0% | 0.0% | 0.0% | 0.0% | $178,095 | $44,567,917 | $44,567,917 | 1.0 |
|
||
| 521 |
Space and Time
SXT
|
$0.009441 | 0.8% | 0.2% | 1.4% | 11.3% | $21,529,177 | $43,848,248 | $47,203,828 | 0.9289129752232999 |
|
||
| 524 |
Fractal Bitcoin
FB
|
$0.3949 | 0.5% | 3.5% | 0.2% | 20.7% | $1,153,827 | $43,292,899 | $62,444,989 | 0.693296600981835 |
|
||
| 527 |
Casper Network
CSPR
|
$0.002463 | 0.9% | 1.8% | 1.3% | 17.5% | $3,372,554 | $42,708,750 | $49,384,275 | 0.8648248922244761 |
|
||
| 532 |
Keeta
KTA
|
Buy
|
$0.06813 | 0.7% | 1.5% | 2.1% | 32.2% | $577,838 | $42,088,895 | $68,129,090 | 0.6177815478779136 |
|
|
| 538 |
Ontology Gas
ONG
|
$0.08651 | 0.5% | 0.8% | 3.1% | 5.9% | $1,243,227 | $41,731,117 | $69,207,365 | 0.6029866475 |
|
||
| 544 |
Movement
MOVE
|
$0.008894 | 0.1% | 5.4% | 10.6% | 8.6% | $3,550,101 | $41,448,157 | $88,936,590 | 0.4660416666999999 |
|
||
| 547 |
Nesa
NES
|
$0.1403 | 0.2% | 1.2% | 5.6% | 5.3% | $4,770,335 | $40,929,480 | $144,899,293 | 0.2824684554893384 |
|
||
| 550 |
Rocket Pool
RPL
|
$1.78 | 0.2% | 5.5% | 7.0% | 0.9% | $1,727,178 | $40,726,587 | $40,726,587 | 1.0 |
|
||
| 552 |
Treasure
MAGIC
|
$0.1205 | 0.9% | 6.3% | 92.1% | 170.7% | $120,020,112 | $40,640,045 | $41,891,218 | 0.9701327960589637 |
|
||
| 555 |
KUB Coin
KUB
|
Buy
|
$0.5857 | 0.1% | 0.9% | 3.9% | 2.0% | $150,648 | $40,399,620 | $64,428,745 | 0.6270434181818181 |
|
|
| 556 |
ARK
ARK
|
$0.2019 | 1.6% | 5.1% | 8.6% | 62.2% | $1,658,968 | $40,321,314 | $40,321,412 | 0.9999975665347699 |
|
||
| 565 |
COTI
COTI
|
$0.01319 | 0.7% | 2.7% | 7.6% | 23.0% | $24,022,537 | $39,293,284 | $39,293,760 | 0.9999878975349967 |
|
||
| 572 |
Status
SNT
|
$0.008011 | 0.2% | 1.0% | 7.0% | 8.5% | $3,271,447 | $38,703,866 | $54,512,488 | 0.7099999999617476 |
|
||
| 574 |
Succinct
PROVE
|
$0.1966 | 0.8% | 3.8% | 9.0% | 4.8% | $5,134,854 | $38,341,886 | $196,625,056 | 0.19499999999999998 |
|
||
| 580 |
Osmosis
OSMO
|
$0.04744 | 3.5% | 23.9% | 25.8% | 34.2% | $24,860,197 | $37,566,049 | $45,380,999 | 0.8277924701288274 |
|
||
| 590 |
Hermez Network
HEZ
|
$3.32 | 0.0% | 0.8% | 2.1% | 0.8% | $14,594.93 | $36,710,042 | $36,710,042 | 1.0 |
|
||
| 592 |
Sign
SIGN
|
$0.01277 | 1.0% | 2.4% | 0.6% | 16.6% | $2,671,289 | $36,304,815 | $127,683,993 | 0.2843333332 |
|
||
| 598 |
Flux
FLUX
|
$0.08534 | 0.7% | 4.6% | 6.3% | 65.4% | $7,383,599 | $35,970,407 | $35,972,510 | 0.9999415481980518 |
|
||
| 600 |
Orbs
ORBS
|
$0.007174 | 0.3% | 1.9% | 2.0% | 12.7% | $1,258,826 | $35,871,772 | $71,743,559 | 0.49999990230172997 |
|
||
| 602 |
Abey
ABEY
|
$0.03392 | 0.1% | 1.4% | 6.2% | 50.5% | $11,979.45 | $35,727,406 | $45,809,024 | 0.7799207036294631 |
|
||
| 606 |
Degen
DEGEN
|
$0.0009853 | 1.0% | 0.5% | 5.9% | 4.8% | $3,343,746 | $35,487,829 | $35,487,829 | 1.0 |
|
||
| 610 |
Manta Network
MANTA
|
$0.07277 | 1.2% | 2.4% | 6.6% | 20.6% | $25,471,873 | $35,075,716 | $72,768,645 | 0.482016891 |
|
||
| 617 |
Electroneum
ETN
|
$0.001928 | 0.3% | 1.2% | 4.6% | 75.2% | $398,072 | $34,659,230 | $34,659,230 | 1.0 |
|
||
| 633 |
Vana
VANA
|
$1.08 | 0.7% | 3.5% | 0.4% | 13.1% | $2,640,838 | $33,266,560 | $129,609,976 | 0.25666666666666665 |
|
||
| 634 |
SKALE
SKL
|
$0.005454 | 2.1% | 7.1% | 13.3% | 44.7% | $27,195,434 | $33,235,406 | $35,022,942 | 0.9489609781755148 |
|
||
| 639 |
Cartesi
CTSI
|
$0.03445 | 2.3% | 3.7% | 12.6% | 37.8% | $12,418,102 | $32,833,404 | $34,447,805 | 0.9531348553982264 |
|
||
| 648 |
Somnia
SOMI
|
$0.2019 | 0.2% | 3.1% | 2.9% | 36.8% | $3,992,174 | $32,344,743 | $201,902,264 | 0.1602 |
|
||
| 649 |
BORA
BORA
|
$0.02796 | 0.5% | 3.2% | 2.6% | 15.4% | $408,780 | $32,227,444 | $33,709,165 | 0.9560439560439561 |
|
||
| 652 |
Zora
ZORA
|
$0.007195 | 1.1% | 4.1% | 7.5% | 13.1% | $8,936,190 | $32,162,295 | $71,951,443 | 0.4469999998 |
|
||
| 654 |
REAL
ASSET
|
$0.1819 | 6.1% | 3.4% | 2.0% | 19.7% | $298,160 | $32,029,595 | $181,947,642 | 0.17603742900000002 |
|
||
| 661 |
B3 (Base)
B3
|
$0.0006747 | 0.0% | 5.2% | 19.4% | 37.2% | $3,102,122 | $31,328,171 | $67,471,685 | 0.4643158333299999 |
|
||
| 668 |
KiiChain
KII
|
$0.08767 | 0.1% | 0.4% | 0.5% | 12.0% | $9,207,453 | $30,871,140 | $157,810,164 | 0.1956220014254631 |
|
||
| 671 |
Swarm Network
TRUTH
|
$0.01470 | 1.2% | 4.3% | 3.1% | 5.0% | $4,121,812 | $30,645,117 | $146,957,460 | 0.20853053 |
|
||
| 672 |
Metis
METIS
|
$3.77 | 3.5% | 0.9% | 5.7% | 20.7% | $22,482,749 | $30,593,601 | $37,682,953 | 0.8118684477999999 |
|
||
| 676 |
IOST
IOST
|
$0.0008424 | 0.8% | 5.0% | 2.6% | 5.3% | $4,323,260 | $30,356,767 | $30,356,767 | 1.0 |
|
||
| 678 |
Chia
XCH
|
$1.59 | 1.0% | 0.5% | 1.5% | 8.1% | $1,067,916 | $30,262,131 | $56,216,987 | 0.538309362594211 |
|
||
| 683 |
Gravity (by Galxe)
G
|
$0.004140 | 0.9% | 5.7% | 12.4% | 10.1% | $7,571,741 | $29,946,788 | $49,685,658 | 0.6027250000000001 |
|
||
| 687 |
Hive
HIVE
|
$0.05373 | 0.3% | 4.9% | 6.4% | 10.0% | $321,686 | $29,557,448 | $60,090,816 | 0.49187962844992494 |
|
||
| 689 |
Core
CORE
|
$0.01960 | 0.6% | 5.1% | 10.0% | 3.9% | $1,925,330 | $29,406,639 | $41,151,089 | 0.7146017222879025 |
|
||
| 695 |
Canopy
CNPY
|
$0.2588 | 0.3% | 4.3% | 10.0% | 11.6% | $23,387,238 | $28,982,977 | $62,243,495 | 0.46563864907179087 |
|
||
| 697 |
MANTRA
MANTRA
|
$0.004395 | 1.7% | 5.9% | 2.8% | 3.8% | $2,554,357 | $28,964,506 | $36,267,731 | 0.7986302346325188 |
|
||
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Ravencoin
RVN
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Buy
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$0.001741 | 1.1% | 11.4% | 30.2% | 22.5% | $25,633,558 | $28,743,259 | $28,743,333 | 0.9999974252793852 |
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Smart Contract Platform Categories
| Name | 24h | Market Cap |
|---|---|---|
|
All Smart Contract Platform
|
1.8%
|
$2,417,369,478,397
|
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Layer 1 (L1)
|
1.8%
|
|
|
Proof of Work (PoW)
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1.7%
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Proof of Stake (PoS)
|
1.8%
|
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|
Zero Knowledge (ZK)
|
4.0%
|
|
|
Layer 2 (L2)
|
3.9%
|
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Privacy Blockchain
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4.1%
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Layer 0 (L0)
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2.4%
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Optimism Superchain Ecosystem
|
7.2%
|
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SideChain
|
5.5%
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Gaming Blockchains
|
2.9%
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All Smart Contract Platform
Proof of Work (PoW)
Proof of Work (PoW) is a blockchain consensus mechanism to validate transactions and create new blocks through computational efforts by miners.
Proof of Stake (PoS)
Proof of Stake (PoS) is a blockchain consensus mechanism where validators are selected to create new blocks based on the amount of cryptocurrency they hold and are willing to stake as collateral.
Zero Knowledge (ZK)
Zero-knowledge proof or Zero-knowledge protocol is a method by which one party (the prover) can prove to another party (the verifier) that a given statement is true while the prover avoids conveying any additional information apart from the fact that the statement is indeed true. This category tracks cryptocurrency that utilises Zero Knowledge implementation to execute transactions, which may include smart contract execution, value transfer, and others.
Layer 2 (L2)
Layer 2s are off-chain vertical scaling solutions that run on top of Layer 1 blockchains like Ethereum to improve scalability, while maintaining the decentralization and security standards of the Layer 1.
Privacy Blockchain
Programmable Layer 1 or Layer 2 networks that serve as platforms for dApps while prioritizing confidentiality. Unlike standard, general-purpose programmable blockchains like Ethereum, these networks have privacy preserved at the consensus or execution layer, enabling "private-by-default" or "opt-in private" smart contracts.
Top Smart Contract Platform Sectors Market Cap Chart
Major Smart Contract Platform Sectors Performance Chart
What are Smart Contract Platforms?
Smart contract platforms are blockchains that host smart contracts. Smart contracts are the backbone of decentralized applications (dApps), and smart contract platforms make it possible for developers to deploy apps ranging from decentralized exchanges that run on automated market makers (AMM), decentralized loan providers that enable users to lend and borrow cryptocurrencies, and even yield aggregators that automatically move assets to the best performing pools to maximize returns for their investors.
What are Smart Contracts?
Smart contracts are self-executing computer programs on a blockchain that activate specific outcomes when certain predetermined conditions are met. They are also immutable while providing transparency to all parties involved, as they are recorded on the blockchain.
To interact with smart contracts, users have to pay gas fees in the smart contract platform’s native coin. Gas measures the computational effort required to conduct transactions, the cost of which may vary based on the complexity of the smart contract.
Popular Smart Contract Platforms
Many Layer 1 blockchains support smart contracts, as smart contracts replace the role of the financial institution in decentralized finance. Popular L1 smart contract platforms include Ethereum, the largest smart contract platform and a pioneer of the space, and BNB Smart Chain (BSC), which is EVM-compatible, enabling users to use applications like Metamask to store their BEP-20 tokens.
Smart contract platforms also include Layer 2 (L2) scaling solutions, such as Arbitrum. These L2 solutions offer users faster and cheaper transactions by utilizing technology such as sidechains, bested blockchains, or optimistic and zero-knowledge rollups. These also depend on smart contracts, which validate the proof generated by the L2 protocol, validate it, resolve any disputes, and finalize transactions on the base blockchain.
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