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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1350 |
Boba Network
BOBA
|
$0.01604 | 0.2% | 0.8% | 11.9% | 23.5% | $178,510 | $7,903,997 | $8,006,491 | 0.987198612 |
|
||
| 1355 |
Moonbeam
GLMR
|
$0.007079 | 0.3% | 1.9% | 9.6% | 33.1% | $3,594,009 | $7,802,098 | $8,756,611 | 0.8909950689236799 |
|
||
| 1372 |
Boundless
ZKC
|
$0.02622 | 0.8% | 3.9% | 14.6% | 36.1% | $1,808,687 | $7,619,318 | $28,328,641 | 0.2689616636554764 |
|
||
| 1376 |
Pepecoin
PEP
|
$0.00007342 | 0.1% | 1.6% | 9.7% | 21.3% | $91,589.84 | $7,544,373 | $7,544,373 | 1.0 |
|
||
Wrapped QUIL
QUIL
|
$0.008227 | 2.0% | 6.5% | 6.6% | 34.9% | $33,729.06 | $7,423,568 | $7,423,568 | 1.0 |
|
|||
| 1387 |
DIAM
DIAM
|
$0.002908 | 0.1% | 6.6% | 38.2% | 40.6% | $151,313 | $7,369,755 | $16,177,851 | 0.45554599206913765 |
|
||
| 1394 |
MinoTari (Tari)
XTM
|
$0.0009927 | 2.4% | 2.9% | 20.9% | 28.4% | $13,903.32 | $7,304,968 | $7,304,968 | 1.0 |
|
||
| 1392 |
MARBLEX
MBX
|
$0.02330 | 0.0% | 0.7% | 3.4% | 20.0% | $146,378 | $7,284,600 | $7,485,411 | 0.9731729647614072 |
|
||
| 1407 |
Fuel Network
FUEL
|
$0.0007287 | 0.0% | 0.1% | 0.9% | 9.3% | $235,295 | $7,142,408 | $7,725,348 | 0.9245420071851845 |
|
||
| 1418 |
Sonic SVM
SONIC
|
$0.01966 | 0.8% | 3.9% | 8.9% | 24.2% | $1,003,958 | $7,074,123 | $47,160,819 | 0.15 |
|
||
| 1432 |
Sophon
SOPH
|
$0.001327 | 0.1% | 6.6% | 9.9% | 63.1% | $14,212,677 | $6,899,785 | $13,272,888 | 0.5198405684999999 |
|
||
| 1436 |
Gunz
GUN
|
$0.001698 | 0.9% | 0.5% | 13.6% | 42.1% | $2,626,664 | $6,815,472 | $16,980,045 | 0.4013812386 |
|
||
| 1449 |
BXN
BXN
|
$0.0004174 | 0.0% | 1.1% | 5.9% | 32.8% | $181,401 | $6,729,171 | $20,867,816 | 0.32246648982172277 |
|
||
| 1450 |
zkPass
ZKP
|
$0.03333 | 0.0% | 6.2% | 16.8% | 32.4% | $4,596,808 | $6,719,062 | $33,317,663 | 0.201666667 |
|
||
| 1468 |
Nexa
NEXA
|
$0.065812 | 0.3% | 5.1% | 4.7% | 43.9% | $69,669.90 | $6,501,371 | $6,501,371 | 1.0 |
|
||
| 1476 |
Telos
TLOS
|
$0.01426 | 0.0% | 0.0% | 5.8% | 19.3% | $317,311 | $6,440,390 | $6,664,558 | 0.9663642353572764 |
|
||
| 1475 |
Saga
SAGA
|
$0.01545 | 0.9% | 1.5% | 11.3% | 31.3% | $5,493,015 | $6,437,021 | $17,071,114 | 0.3770709412220933 |
|
||
| 1491 |
Coq Inu
COQ
|
$0.078921 | 0.5% | 1.7% | 2.8% | 33.0% | $1,653,581 | $6,192,797 | $6,192,797 | 1.0 |
|
||
| 1497 |
Corn
CORN
|
$0.01173 | 0.2% | 12.8% | 46.5% | 54.0% | $988,652 | $6,155,960 | $24,623,838 | 0.25 |
|
||
| 1501 |
OMG Network
OMG
|
$0.04376 | 0.4% | 0.5% | 2.1% | 20.7% | $1,169,523 | $6,136,906 | $6,136,906 | 1.0 |
|
||
| 1504 |
Aligned
ALIGN
|
$0.003759 | 1.2% | 1.6% | 5.9% | 25.9% | $1,280,998 | $6,134,179 | $37,586,883 | 0.1632 |
|
||
| 1507 |
Redbelly Network
RBNT
|
$0.002027 | 0.0% | 1.9% | 4.1% | 6.1% | $129,938 | $6,122,305 | $20,269,016 | 0.30205240402642003 |
|
||
| 1511 |
MonaCoin
MONA
|
$0.05773 | 0.2% | 4.5% | 14.2% | 21.2% | $904.72 | $6,068,353 | $6,068,353 | 1.0 |
|
||
| 1524 |
Evernode
EVR
|
$0.08273 | 0.0% | 6.3% | 13.9% | 37.9% | $341.11 | $5,977,243 | $5,977,243 | 1.0 |
|
||
| 1523 |
Oraichain
ORAI
|
$0.3074 | 2.5% | 3.0% | 17.7% | 48.6% | $141,464 | $5,974,743 | $6,080,261 | 0.9826458223538258 |
|
||
| 1531 |
Supra
SUPRA
|
$0.0001253 | 0.9% | 2.3% | 16.3% | 15.2% | $113,181 | $5,894,329 | $10,360,705 | 0.5689120147322916 |
|
||
| 1549 |
Exiom
XEQM
|
$0.02027 | 0.3% | 7.8% | 1.2% | 4.5% | $2,836.77 | $5,715,834 | $5,715,834 | 1.0 |
|
||
| 1555 |
ChainBounty
BOUNTY
|
$0.01073 | 0.0% | 2.3% | 6.6% | 23.7% | $143,272 | $5,658,212 | $5,959,652 | 0.9494199155320742 |
|
||
| 1566 |
LUKSO
LYX
|
$0.1804 | 0.1% | 2.4% | 1.7% | 21.6% | $124,862 | $5,508,697 | $7,597,605 | 0.7250569792326669 |
|
||
| 1598 |
TokenOS AI
TOS
|
$0.005257 | 1.7% | 1.6% | 18.6% | 10.6% | $19,891.39 | $5,256,093 | $5,256,093 | 1.0 |
|
||
| 1674 |
Ycash
YEC
|
$0.2728 | 0.3% | 6.5% | 13.8% | 22.5% | $959.36 | $4,645,088 | $4,645,451 | 0.9999219037856475 |
|
||
| 1687 |
CONX
CONX
|
$0.004422 | 0.2% | 1.9% | 1.9% | 23.0% | $43,377.32 | $4,567,209 | $8,842,430 | 0.5165105567478472 |
|
||
| 1694 |
Partisia Blockchain
MPC
|
$0.008488 | 0.1% | 0.5% | 26.1% | 4.4% | $2,231.83 | $4,532,952 | $5,238,694 | 0.8652827877957758 |
|
||
| 1700 |
Klever
KLV
|
$0.0004998 | 0.0% | 0.4% | 9.9% | 23.0% | $69,482.88 | $4,507,706 | $4,507,706 | 1.0 |
|
||
| 1716 |
Bitgert
BRISE
|
$0.071030 | 0.0% | 2.6% | 7.1% | 33.0% | $561,397 | $4,409,939 | $4,409,939 | 1.0 |
|
||
| 1737 |
Alephium
ALPH
|
$0.03038 | 1.3% | 15.2% | 6.1% | 55.4% | $118,986 | $4,312,737 | $6,859,083 | 0.6287629698080174 |
|
||
| 1745 |
Zclassic
ZCL
|
$0.4097 | 3.2% | 13.3% | 16.2% | 31.0% | $946.26 | $4,238,252 | $4,263,940 | 0.9939754985953093 |
|
||
| 1755 |
Agoras: Tau Net
AGRS
|
$0.2332 | 0.0% | 1.7% | 16.5% | 61.0% | $13,536.15 | $4,197,391 | $9,793,913 | 0.42857142857142855 |
|
||
| 1769 |
Nomina
NOM
|
$0.001421 | 1.0% | 1.8% | 5.3% | 36.0% | $2,551,491 | $4,122,689 | $10,405,811 | 0.3961910064638519 |
|
||
| 1772 |
Obyte
GBYTE
|
$4.31 | 0.0% | 6.7% | 5.3% | 7.8% | $12,295.99 | $4,083,283 | $4,306,141 | 0.948246425846625 |
|
||
| 1790 |
Radix
XRD
|
$0.0002943 | 1.4% | 15.7% | 50.1% | 7.5% | $18,404.08 | $3,994,333 | $3,994,506 | 0.9999566883508603 |
|
||
| 1791 |
Ika
IKA
|
$0.001331 | 0.2% | 4.1% | 0.7% | 20.9% | $120,690 | $3,991,519 | $13,305,064 | 0.3 |
|
||
| 1799 |
Mind Network
FHE
|
$0.01580 | 0.2% | 0.6% | 8.6% | 21.0% | $2,189,751 | $3,932,469 | $15,793,048 | 0.249 |
|
||
| 1828 |
THAT
THAT
|
$0.002399 | 1.2% | 0.6% | 2.8% | 6.6% | $17,463.27 | $3,797,158 | $7,916,091 | 0.47967592217911287 |
|
||
| 1814 |
CESS Network
CESS
|
$0.001401 | 4.3% | 1.7% | 6.8% | 28.9% | $2,428.98 | $3,712,314 | $14,008,732 | 0.265 |
|
||
| 1847 |
Rayls
RLS
|
$0.001789 | 1.1% | 0.1% | 12.7% | 18.9% | $516,376 | $3,693,657 | $17,767,241 | 0.20789143462314172 |
|
||
| 1851 |
Zircuit
ZRC
|
$0.001006 | 0.5% | 0.4% | 6.8% | 31.1% | $82,643.96 | $3,677,592 | $10,056,262 | 0.365701707475 |
|
||
| 1857 |
Bluzelle
BLZ
|
$0.007509 | 0.0% | 4.6% | 8.9% | 29.3% | $40,159.42 | $3,638,470 | $3,754,378 | 0.9691272495548061 |
|
||
| 1859 |
Diamond
DMD
|
$0.9592 | 0.1% | 3.4% | 8.5% | 18.1% | $22,537.39 | $3,637,835 | $4,201,586 | 0.865824200913242 |
|
||
| 1863 |
Agoric
BLD
|
$0.005210 | 0.2% | 0.3% | 2.9% | 0.5% | $5,583.90 | $3,609,189 | - |
|
|||
| 1873 |
PlatON Network
LAT
|
$0.0004953 | 0.2% | 0.6% | 2.7% | 11.2% | $1,168,876 | $3,565,649 | $5,077,228 | 0.7022827816170756 |
|
||
| 1877 |
Koinos
KOIN
|
$0.04188 | 0.0% | 0.0% | 0.0% | 0.0% | $453.16 | $3,549,257 | $3,549,334 | 0.99997841399416 |
|
||
| 1886 |
Nimiq
NIM
|
$0.0002531 | 0.9% | 11.7% | 8.6% | 12.8% | $5,907.54 | $3,510,343 | $3,571,054 | 0.9829992110937893 |
|
||
| 1894 |
Mitosis
MITO
|
$0.007268 | 1.7% | 1.2% | 3.4% | 51.9% | $4,868,660 | $3,492,541 | $7,267,295 | 0.48058334199999997 |
|
||
| 1888 |
Reactive Network
REACT
|
$0.003199 | 0.2% | 1.2% | 5.0% | 24.4% | $33,046.87 | $3,489,543 | $7,678,341 | 0.4544657823129315 |
|
||
| 1904 |
Parano1d
NOID
|
$0.2914 | 1.3% | 15.5% | 30.4% | 0.0% | $94,170.53 | $3,471,108 | $3,471,188 | 0.999977033842363 |
|
||
| 1899 |
Wowbit
WWB
|
$0.007790 | 0.0% | 50.0% | 64.8% | 0.0% | $223.48 | $3,456,763 | $8,645,256 | 0.39984511367644665 |
|
||
| 1909 |
Navio
NAV
|
$0.04413 | 0.0% | 5.2% | 1.5% | 4.2% | $9.34 | $3,401,427 | $3,401,427 | 1.0 |
|
||
| 1915 |
Scroll
SCR
|
$0.01780 | 1.2% | 0.4% | 10.9% | 30.5% | $987,812 | $3,381,453 | $17,797,120 | 0.19 |
|
||
| 1920 |
NetX
NETX
|
$0.1113 | 0.1% | 0.4% | 14.3% | 33.3% | $178,298 | $3,337,543 | $3,337,543 | 0.999999993557276 |
|
||
| 1929 |
Splendor
SPLD
|
$0.08722 | 26.5% | 64.2% | 56.2% | 54.0% | $66.29 | $3,275,041 | $2,267,773,491 | 0.0014441657692307692 |
|
||
| 1934 |
KONET
KONET
|
$0.006669 | 0.4% | 14.6% | 42.6% | 61.8% | $47,711.67 | $3,237,272 | $3,237,712 | 0.9998640727613848 |
|
||
| 1942 |
Polyhedra Network
ZKJ
|
$0.004803 | 1.3% | 0.1% | 5.8% | 18.3% | $218,706 | $3,216,603 | $4,801,895 | 0.669861111 |
|
||
| 1965 |
OctaSpace
OCTA
|
$0.07016 | 0.9% | 3.1% | 5.1% | 26.4% | $17,403.02 | $3,151,185 | $3,151,185 | 1.0 |
|
||
| 1970 |
Memento
DEXTF
|
$0.03887 | 0.6% | 6.3% | 37.9% | 21.3% | $7,814.69 | $3,135,334 | $3,886,285 | 0.8067690784985302 |
|
||
| 1975 |
Tectum
TET
|
$0.3122 | 0.7% | 9.0% | 11.3% | 5.1% | $69,556.93 | $3,121,850 | $3,122,086 | 0.99992448323916 |
|
||
| 2029 |
Alltoscan
ATS
|
$0.03788 | 0.9% | 0.1% | 4.8% | 21.0% | $118,770 | $2,884,896 | $3,788,335 | 0.7615209539174377 |
|
||
| 2059 |
Observer
OBSR
|
$0.0004200 | 0.0% | 2.2% | 3.4% | 31.5% | $13,482.35 | $2,733,059 | $5,880,183 | 0.46479149078571436 |
|
||
| 2081 |
Gridcoin
GRC
|
$0.005256 | 7.4% | 2.7% | 1.4% | 24.5% | $213.94 | $2,659,799 | $2,860,381 | 0.9298757343112714 |
|
||
| 2088 |
Vertcoin
VTC
|
$0.03535 | 0.4% | 1.5% | 10.8% | 17.2% | $79.55 | $2,640,757 | $2,640,850 | 0.9999647797886249 |
|
||
| 2089 |
Particl
PART
|
$0.1650 | 0.4% | 8.7% | 13.6% | 26.4% | $36.26 | $2,631,614 | $2,631,614 | 1.0 |
|
||
| 2090 |
Validity
VAL
|
$0.4610 | 0.4% | 1.2% | 8.4% | 13.1% | $2,405.66 | $2,627,573 | $4,149,054 | 0.6332945036331377 |
|
||
| 2104 |
Aavegotchi
GHST
|
$0.04929 | 0.2% | 0.5% | 9.0% | 22.4% | $22,102.04 | $2,599,829 | $2,599,829 | 0.9999999715592419 |
|
||
| 2110 |
Kadena
KDA
|
$0.007637 | 0.9% | 2.1% | 9.8% | 19.7% | $5,813.19 | $2,585,841 | $2,585,841 | 1.0 |
|
||
| 2127 |
Aventus
AVT
|
$0.2377 | 0.3% | 2.2% | 8.4% | 27.4% | $8,895.99 | $2,520,189 | $2,520,189 | 1.0 |
|
||
| 2128 |
Syndicate
SYND
|
$0.005259 | 0.7% | 4.5% | 14.8% | 26.5% | $200,347 | $2,517,509 | $5,259,054 | 0.47869999999999996 |
|
||
| 2144 |
BitShares
BTS
|
$0.0008248 | 0.1% | 0.1% | 8.5% | 35.6% | $59,961.88 | $2,470,147 | $2,470,147 | 1.0 |
|
||
| 2148 |
Fuse
FUSE
|
$0.006228 | 0.5% | 2.2% | 12.6% | 31.8% | $78,628.40 | $2,451,519 | $2,451,569 | 0.9999792721170552 |
|
||
| 2176 |
Vara Network
VARA
|
$0.0004159 | 0.0% | 0.3% | 3.6% | 22.7% | $16,955.21 | $2,382,138 | $4,160,653 | 0.572539445819674 |
|
||
| 2177 |
Vexanium
VEX
|
$0.002153 | 0.0% | 7.2% | 8.4% | 1.3% | $17,312.51 | $2,376,811 | $2,376,811 | 1.0 |
|
||
| 2184 |
Towns
TOWNS
|
$0.001112 | 0.2% | 1.6% | 9.2% | 39.5% | $1,942,132 | $2,346,230 | $11,265,675 | 0.20826356614146008 |
|
||
| 2207 |
ICON
ICX
|
$0.002098 | 0.0% | 0.0% | 79.4% | 85.3% | $523.78 | $2,303,872 | $2,326,603 | 0.9902299733959281 |
|
||
| 2211 |
Coinweb
CWEB
|
$0.0003334 | 0.6% | 0.9% | 6.3% | 26.7% | $90,138.51 | $2,297,176 | $2,532,625 | 0.9070337170341353 |
|
||
| 2227 |
Secret
SCRT
|
$0.003253 | 2.4% | 1.3% | 45.2% | 60.9% | $112,351 | $2,250,766 | $4,747,867 | 0.4740584254512372 |
|
||
| 2259 |
Pundi AI
PUNDIAI
|
$0.2405 | 0.2% | 1.2% | 10.7% | 44.0% | $825.09 | $2,164,426 | $2,164,426 | 1.0 |
|
||
| 2269 |
Clover Finance
CLV
|
$0.001752 | 0.0% | 0.3% | 4.0% | 26.4% | $9,280.87 | $2,144,808 | $3,504,185 | 0.6120704645 |
|
||
| 2294 |
Dexalot
ALOT
|
$0.04196 | 0.0% | 20.8% | 9.4% | 13.3% | $10,503.39 | $2,097,305 | $4,196,250 | 0.49980446999999995 |
|
||
| 2302 |
Cult DAO
CULT
|
$0.065592 | 0.6% | 5.3% | 11.7% | 27.4% | $6,224.03 | $2,063,294 | $2,785,990 | 0.7405963718759397 |
|
||
| 2307 |
Syscoin
SYS
|
$0.002228 | 0.0% | 1.7% | 8.1% | 4.7% | $586.12 | $2,057,019 | $2,057,120 | 0.9999509461240832 |
|
||
| 2308 |
Minima
MINIMA
|
$0.003007 | 1.0% | 4.4% | 3.5% | 35.0% | $11,287.73 | $2,051,109 | $3,007,244 | 0.6820562745297931 |
|
||
| 2313 |
MEZO
MEZO
|
$0.004060 | 2.2% | 1.9% | 28.4% | 19.7% | $630,494 | $2,029,938 | $4,059,875 | 0.5 |
|
||
| 2327 |
SafeCoin
SAFE
|
$0.06424 | 0.0% | 3.7% | 7.5% | 9.4% | $4.90 | $2,005,302 | $2,005,302 | 1.0 |
|
||
| 2350 |
Ancient8
A8
|
$0.002954 | 0.1% | 8.0% | 23.6% | 44.7% | $354,421 | $1,951,442 | $2,940,891 | 0.6635544863699999 |
|
||
Wrapped XDC
WXDC
|
$0.03008 | 0.1% | 1.2% | 3.6% | 14.7% | $5,715.19 | $1,949,914 | $1,949,914 | 1.0 |
|
|||
| 2364 |
Numbers Protocol
NUM
|
$0.002120 | 0.0% | 1.8% | 8.3% | 34.8% | $60,389.74 | $1,914,923 | $1,936,239 | 0.988991077854474 |
|
||
| 2371 |
LeisureMeta
LM
|
$0.0005338 | 0.0% | 1.8% | 1.1% | 32.6% | $32,178.19 | $1,904,718 | $2,491,922 | 0.7643568195546514 |
|
||
| 2383 |
Zephyr Protocol
ZEPH
|
$0.1503 | 0.8% | 10.1% | 21.1% | 51.0% | $102,020 | $1,858,909 | $1,859,060 | 0.9999184730671944 |
|
||
| 2412 |
Hathor
HTR
|
$0.003555 | 1.2% | 8.0% | 17.6% | 47.4% | $91,732.96 | $1,841,251 | $3,093,465 | 0.5952064522865844 |
|
||
| 2422 |
Nerva
XNV
|
$0.09375 | 0.3% | 4.1% | 8.2% | 18.8% | $672.43 | $1,807,755 | $1,807,786 | 0.9999826228903329 |
|
||
| 2424 |
KYVE Network
KYVE
|
$0.001460 | 3.5% | 10.5% | 28.7% | 16.9% | $2,605.24 | $1,804,690 | $1,859,099 | 0.9707336129473675 |
|
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Smart Contract Platform Categories
| Name | 24h | Market Cap |
|---|---|---|
|
All Smart Contract Platform
|
2.0%
|
$2,108,414,538,572
|
|
Layer 1 (L1)
|
2.0%
|
|
|
Proof of Work (PoW)
|
1.7%
|
|
|
Proof of Stake (PoS)
|
2.8%
|
|
|
Zero Knowledge (ZK)
|
9.8%
|
|
|
Layer 2 (L2)
|
3.4%
|
|
|
Privacy Blockchain
|
1.5%
|
|
|
Layer 0 (L0)
|
0.9%
|
|
|
Optimism Superchain Ecosystem
|
3.5%
|
|
|
SideChain
|
3.0%
|
|
|
Gaming Blockchains
|
0.5%
|
|
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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