Layer 2 (L2)

Layer 2 networks settle transactions off the base L1 (usually Ethereum) and post compressed proofs back, getting most of the L1's security at a fraction of the fees. Tokenpedia tracks 58 assets in this category.

A Layer 2 inherits security from its underlying L1 by anchoring its state there. Optimistic rollups (Arbitrum, Optimism, Base) assume transactions are valid unless challenged within a fraud-proof window; ZK rollups (zkSync, Starknet, Polygon zkEVM) post cryptographic proofs that math-verify each batch.

L2 tokens are typically a combination of governance rights and sequencer fee shares. Their value depends on transaction volume the rollup attracts, the L1 fees they save users, and whether the sequencer is centralized today (most are) or decentralized on a credible roadmap. Base is interesting in this category for not having a token at all (Coinbase operates the sequencer).

The L2 narrative drove much of the 2024-2025 Ethereum thesis: as more activity moves from L1 to L2s, fee revenue concentrates at the rollup layer, and the underlying ETH still benefits from being the settlement asset. Worth tracking how much TVL each L2 holds and which apps choose to deploy there.

MNT is the native utility and governance token of the Mantle ecosystem, a modular Ethereum Layer 2 (L2) network. It serv…

Ethereum L2 optimistic rollup

Polygon is a multi-chain scaling platform

STX is the native cryptocurrency of the Stacks network, a layer-2 solution that brings smart contracts and decentralized…

STRK is the native utility and governance token of Starknet, a permissionless decentralized Layer 2 (L2) validity rollup…

DRV is the native utility and governance token of Derive, a decentralized protocol for programmable onchain options, per…

Ethereum Layer 2 scaling built on the OP Stack

Ethereum Layer 2 scaling solution based on zero-knowledge proofs

IMX is the native ERC-20 utility token for the Immutable X network, a leading Layer 2 scaling solution and zk-rollup for…

PROM is the native utility and governance token of the Prom ecosystem, a modular ZkEVM Layer 2 network designed for inte…

ADI is the native utility token of ADI Chain, an Ethereum Layer 2 blockchain developed by the ADI Foundation. Built on z…

CKB (Common Knowledge Base) is the native utility and governance token of the Nervos Network, a layered blockchain ecosy…

Ethereum-based ZK Rollup Layer 2 network

MERL is the native utility and governance token of Merlin Chain, a Bitcoin Layer 2 solution that integrates ZK-Rollup ne…

Decentralized Rollup-as-a-Service protocol

AZTEC is the native asset of the Aztec Network, a privacy-first Layer 2 solution on Ethereum. The network utilizes zero-…

A multi-VM smart contract platform on Polkadot

CELO is the native utility and governance asset of the Celo ecosystem, an Ethereum Layer-2 network optimized for fast, l…

LSK is the native utility and governance token of Lisk, a Layer 2 blockchain built on the Optimism Superchain. Originall…

MAGIC is the native utility and governance token of Treasure, a decentralized gaming ecosystem. Launched in September 20…

HEZ is the native utility token of the Hermez Network, a decentralized ZK-rollup solution designed to scale payments and…

Status Network Token (SNT) is a modular utility token that fuels the Status Network, an open-source ecosystem designed a…

COTI is a confidentiality layer on Ethereum designed to provide data protection for the public blockchain. It utilizes a…

MANTA is the native utility and governance token of Manta Network, a modular blockchain ecosystem designed for zero-know…

CTSI is the native utility and governance token of the Cartesi ecosystem, an app-specific execution environment that ena…

An on-chain social network that tokenizes content

METIS is the native utility and governance token of the Metis ecosystem, a multi-network Layer 2 scaling solution for Et…

Metal DAO (MTL) is a utility and governance token that serves as the native currency for the Metal ecosystem. It governs…

LUMIA is the native utility and governance token of Lumia, a next-generation Layer 2 blockchain purpose-built for the fu…

AEVO is the native utility and governance token for Aevo, a high-performance decentralized derivatives exchange speciali…

TON is the native utility token of the Tokamak Network, an Ethereum Layer 2 protocol designed to enhance scalability and…

CYBER is the native utility and governance token for Cyber (formerly CyberConnect), a Layer 2 blockchain designed for so…

B2 is the native utility and governance token of the BSquared Network, a Layer 2 scaling solution for Bitcoin. The token…

Taiko is the native utility and governance token for the Taiko network, a fully open-source, permissionless, and Ethereu…

BOB (Build on Bitcoin) is the native utility and governance token for the BOB network, a hybrid Layer 2 solution that co…

SOPH is the native utility and governance token of Sophon, a consumer-focused entertainment platform built as a modular…

PUFFER is the governance and utility token for Puffer Finance, a decentralized platform focused on Ethereum scalability…

ShibaSwap is a decentralized token exchange

ORDER is the native utility and governance token of Orderly Network, a permissionless liquidity layer and L2 built on th…

KAT is the native utility and governance token for the Katana Network, a Layer 2 ecosystem designed for DeFi. The token…

CORN is the native utility and governance asset of the Corn network, a high-performance Layer 2 network built on Arbitru…

Loopring (LRC) is an Ethereum-based utility and governance token that powers the Loopring protocol, an open-source Layer…

BOBA is the native governance and utility token of the Boba Network, an Optimistic Rollup Layer-2 scaling solution and H…

A travel platform to book hotels and flights with crypto and earn XRP cashback

SONIC is the native utility and governance token for Sonic SVM, the first Solana Virtual Machine (SVM) Layer 2 chain des…

FUEL is the native asset of Fuel Network, a high-performance Ethereum Layer-2 rollup powered by the FuelVM. It is design…

KONET is the native utility and governance token of the KONET Mainnet, a Proof-of-Stake (PoS) Layer 1 blockchain designe…

ZRC is the native utility and governance token of Zircuit, a security-focused Zero-Knowledge (ZK) rollup and institution…