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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1241 |
Oraichain
ORAI
|
$0.4816 | 0.2% | 11.6% | 15.0% | 121.1% | $240,013 | $9,360,623 | $9,525,938 | 0.9826458223538259 |
|
||
| 1258 |
Pepecoin
PEP
|
$0.00008813 | 0.1% | 14.2% | 31.3% | 26.1% | $107,430 | $9,048,386 | $9,048,412 | 0.9999971753575073 |
|
||
| 1261 |
Boba Network
BOBA
|
$0.01814 | 1.2% | 0.9% | 6.9% | 3.1% | $2,308,821 | $8,957,275 | $9,073,427 | 0.987198612 |
|
||
| 1265 |
zkPass
ZKP
|
$0.04417 | 0.3% | 2.4% | 10.5% | 8.3% | $6,148,570 | $8,905,951 | $44,161,740 | 0.20166666700000002 |
|
||
| 1266 |
ivault
IVT
|
$0.01203 | 0.2% | 0.1% | 4.9% | 2.1% | $165,119 | $8,905,836 | $14,433,442 | 0.617027856633311 |
|
||
| 1270 |
Gunz
GUN
|
$0.002614 | 0.7% | 3.7% | 13.8% | 13.5% | $2,723,494 | $8,851,550 | $26,116,386 | 0.3389270571 |
|
||
| 1283 |
Abelian
ABEL
|
$0.06096 | 1.3% | 9.0% | 13.4% | 1.6% | $16,780.43 | $8,685,802 | $13,724,041 | 0.6328895684559099 |
|
||
| 1285 |
KONET
KONET
|
$0.01839 | 0.0% | 1.9% | 9.4% | 7.9% | $6,610.07 | $8,669,588 | $8,669,933 | 0.9999602172023587 |
|
||
| 1292 |
Saga
SAGA
|
$0.02081 | 1.0% | 19.2% | 33.3% | 55.4% | $35,467,978 | $8,638,858 | $22,910,431 | 0.37707094122209317 |
|
||
| 1305 |
Mango Network
MGO
|
$0.005338 | 0.3% | 0.9% | 11.6% | 22.9% | $414,862 | $8,486,639 | $53,375,089 | 0.159 |
|
||
| 1307 |
NUMINE Token
NUMI
|
$0.02212 | 0.2% | 4.0% | 9.9% | 10.9% | $341,728 | $8,472,035 | $22,105,154 | 0.38326061675 |
|
||
| 1309 |
NERO Chain
NERO
|
$0.0008462 | 0.1% | 0.2% | 4.8% | 35.0% | $37,581.52 | $8,462,165 | $8,462,165 | 1.0 |
|
||
| 1317 |
Gridcoin
GRC
|
$0.01638 | 8.1% | 7.4% | 177.2% | 403.0% | $2,483.96 | $8,287,866 | $8,742,779 | 0.9479670075831441 |
|
||
| 1319 |
Avail
AVAIL
|
$0.002066 | 0.1% | 0.2% | 4.6% | 12.6% | $254,662 | $8,271,905 | $22,987,918 | 0.3598370677003027 |
|
||
| 1335 |
MARBLEX
MBX
|
$0.02524 | 0.2% | 3.8% | 0.3% | 20.1% | $2,418,466 | $8,080,193 | $8,109,318 | 0.9964084960935522 |
|
||
| 1337 |
Achain
ACT
|
$0.009411 | 0.7% | 2.8% | 17.0% | 9.2% | $172,088 | $8,076,785 | $9,419,645 | 0.857440445 |
|
||
| 1345 |
Sonic SVM
SONIC
|
$0.02211 | 0.6% | 1.4% | 7.6% | 21.8% | $1,375,242 | $7,962,071 | $53,080,472 | 0.15 |
|
||
Wrapped QUIL
QUIL
|
$0.008696 | 0.2% | 8.5% | 20.1% | 70.5% | $31,433.83 | $7,845,800 | $7,845,800 | 1.0 |
|
|||
| 1352 |
MonaCoin
MONA
|
$0.07441 | 1.0% | 8.7% | 5.0% | 16.4% | $3,772.56 | $7,822,158 | $7,822,158 | 1.0 |
|
||
| 1363 |
Lava Network
LAVA
|
$0.01281 | 1.4% | 10.3% | 37.4% | 27.4% | $1,417,537 | $7,680,553 | $12,280,815 | 0.6254106634047026 |
|
||
| 1368 |
Exiom
XEQM
|
$0.02705 | 0.2% | 1.4% | 8.7% | 76.3% | $9,180.50 | $7,580,801 | $7,580,848 | 0.9999937342634028 |
|
||
| 1371 |
Supra
SUPRA
|
$0.0001752 | 0.5% | 4.7% | 5.3% | 0.1% | $388,153 | $7,535,921 | $14,443,340 | 0.5217574983130598 |
|
||
| 1385 |
Telos
TLOS
|
$0.01633 | 0.8% | 1.5% | 6.7% | 44.7% | $297,636 | $7,375,206 | $7,641,813 | 0.9651121360690846 |
|
||
| 1392 |
Agoras: Tau Net
AGRS
|
$0.1735 | 1.5% | 2.4% | 3.5% | 15.5% | $19,644.41 | $7,287,919 | $7,287,919 | 1.0 |
|
||
| 1405 |
Fuel Network
FUEL
|
$0.0007901 | 0.2% | 0.4% | 0.1% | 9.1% | $53,251.36 | $7,208,127 | $8,204,539 | 0.8785536060577721 |
|
||
| 1416 |
Redbelly Network
RBNT
|
$0.002362 | 0.0% | 1.4% | 7.4% | 17.6% | $132,061 | $7,111,691 | $23,641,740 | 0.30081080877521 |
|
||
| 1426 |
Particl
PART
|
$0.4395 | 0.0% | 22.1% | 70.3% | 590.6% | $239.72 | $6,988,751 | $6,988,778 | 0.9999961377551722 |
|
||
| 1430 |
ChainBounty
BOUNTY
|
$0.01331 | 2.1% | 2.3% | 6.7% | 11.1% | $296,982 | $6,942,524 | $7,390,211 | 0.939421706277779 |
|
||
| 1432 |
Elastos
ELA
|
$0.2984 | 0.4% | 1.5% | 8.0% | 12.2% | $91,400.66 | $6,889,010 | $7,826,121 | 0.8802585307637586 |
|
||
| 1435 |
Marlin
POND
|
$0.0008303 | 0.5% | 2.4% | 5.3% | 18.1% | $1,322,728 | $6,830,757 | $8,302,142 | 0.8227704524 |
|
||
| 1456 |
Bitgert
BRISE
|
$0.071565 | 0.2% | 2.0% | 3.4% | 14.3% | $470,482 | $6,664,343 | $6,664,343 | 1.0 |
|
||
| 1462 |
Moonbeam
GLMR
|
$0.005994 | 2.4% | 7.0% | 13.5% | 19.3% | $3,904,628 | $6,607,322 | $7,415,667 | 0.8909950689236797 |
|
||
| 1470 |
Hemi
HEMI
|
$0.006627 | 2.5% | 9.5% | 18.6% | 20.3% | $23,043,413 | $6,482,220 | $66,313,622 | 0.09775096007819534 |
|
||
| 1476 |
Alephium
ALPH
|
$0.04691 | 2.2% | 2.3% | 4.5% | 68.4% | $117,956 | $6,425,902 | $10,520,941 | 0.6107725492726133 |
|
||
| 1482 |
OMG Network
OMG
|
$0.04559 | 0.3% | 1.5% | 3.6% | 2.9% | $883,332 | $6,395,111 | $6,395,111 | 0.9999999999999996 |
|
||
| 1486 |
Coq Inu
COQ
|
$0.079181 | 0.3% | 1.0% | 15.2% | 27.8% | $2,158,107 | $6,373,550 | $6,373,550 | 1.0 |
|
||
| 1491 |
Mitosis
MITO
|
$0.01404 | 1.0% | 0.5% | 14.5% | 44.8% | $3,836,037 | $6,326,068 | $14,037,133 | 0.45066667200000005 |
|
||
| 1494 |
Yellow
YELLOW
|
$0.03247 | 0.0% | 7.6% | 10.3% | 20.5% | $111,228 | $6,296,448 | $324,666,530 | 0.0193935842 |
|
||
| 1506 |
Evernode
EVR
|
$0.08587 | 0.0% | 1.1% | 6.7% | 25.1% | $149.98 | $6,204,228 | $6,204,228 | 1.0 |
|
||
| 1521 |
Iron Fish
IRON
|
$0.08062 | 0.1% | 1.1% | 5.7% | 1.7% | $61,258.36 | $6,111,691 | $6,114,780 | 0.9994948307381517 |
|
||
| 1541 |
Neon
NEON
|
$0.01359 | 0.7% | 0.8% | 4.6% | 3.2% | $113,302 | $5,862,963 | $13,602,583 | 0.4310183925060968 |
|
||
| 1549 |
LUKSO
LYX
|
$0.1900 | 0.8% | 4.1% | 7.1% | 4.6% | $173,993 | $5,802,098 | $8,002,265 | 0.725056979232667 |
|
||
| 1557 |
Klever
KLV
|
$0.0006381 | 1.0% | 0.1% | 10.3% | 56.7% | $237,578 | $5,759,492 | $5,759,492 | 1.0 |
|
||
| 1561 |
Epic Private Internet Cash
EPIC
|
$0.2971 | 0.2% | 0.9% | 11.5% | 45.7% | $79,346.70 | $5,725,004 | $5,731,785 | 0.9988169207076235 |
|
||
| 1570 |
Ika
IKA
|
$0.001870 | 0.2% | 2.2% | 10.0% | 26.4% | $152,419 | $5,609,272 | $18,697,572 | 0.3 |
|
||
| 1602 |
OctaSpace
OCTA
|
$0.1199 | 4.5% | 4.2% | 3.9% | 205.1% | $58,020.51 | $5,365,203 | $5,365,203 | 1.0 |
|
||
| 1606 |
Nimiq
NIM
|
$0.0003848 | 0.0% | 1.0% | 3.3% | 16.9% | $1,909.85 | $5,338,228 | $5,430,552 | 0.9829992110937893 |
|
||
| 1623 |
Particle Network
PARTI
|
$0.02233 | 0.1% | 2.6% | 10.6% | 2.9% | $5,897,113 | $5,204,807 | $22,338,226 | 0.233 |
|
||
| 1629 |
Agoric
BLD
|
$0.007428 | 0.3% | 0.9% | 2.6% | 10.5% | $963.48 | $5,145,765 | - |
|
|||
| 1644 |
CONX
CONX
|
$0.004989 | 0.8% | 1.6% | 4.3% | 26.4% | $223,481 | $5,055,325 | $9,976,760 | 0.5067100340851716 |
|
||
| 1653 |
Rayls
RLS
|
$0.002320 | 0.2% | 0.8% | 10.6% | 39.4% | $828,596 | $5,034,674 | $23,058,676 | 0.21834184241530216 |
|
||
| 1659 |
Zephyr Protocol
ZEPH
|
$0.3843 | 0.2% | 0.2% | 10.4% | 0.9% | $108,848 | $5,000,470 | $5,000,548 | 0.9999843657349305 |
|
||
| 1661 |
Mind Network
FHE
|
$0.02006 | 0.1% | 1.5% | 17.8% | 24.3% | $2,136,180 | $4,995,823 | $20,063,546 | 0.249 |
|
||
| 1691 |
Reactive Network
REACT
|
$0.003995 | 0.5% | 4.7% | 10.6% | 20.6% | $51,218.97 | $4,793,924 | $9,588,136 | 0.49998495469490123 |
|
||
| 1712 |
Splendor
SPLD
|
$0.1230 | 0.2% | 4.1% | 10.1% | 39.2% | $35,977.58 | $4,616,699 | $3,196,792,799 | 0.0014441657692307692 |
|
||
| 1716 |
Syndicate
SYND
|
$0.009607 | 0.8% | 2.9% | 50.2% | 23.2% | $256,972 | $4,598,861 | $9,606,980 | 0.4787 |
|
||
| 1719 |
Nomina
NOM
|
$0.001575 | 0.3% | 2.4% | 11.6% | 5.5% | $3,624,323 | $4,565,714 | $11,482,159 | 0.3976354874085561 |
|
||
| 1722 |
Obyte
GBYTE
|
$4.81 | 0.0% | 3.6% | 0.8% | 2.2% | $7,642.36 | $4,535,401 | $4,808,289 | 0.9432464258437611 |
|
||
| 1734 |
BitShares
BTS
|
$0.001494 | 0.6% | 8.8% | 4.1% | 21.9% | $118,285 | $4,474,461 | $4,474,461 | 1.0 |
|
||
| 1739 |
Bluzelle
BLZ
|
$0.009189 | 0.7% | 2.1% | 17.0% | 43.5% | $51,069.43 | $4,443,985 | $4,594,087 | 0.967327071554806 |
|
||
| 1791 |
Partisia Blockchain
MPC
|
$0.008164 | 0.6% | 1.0% | 6.4% | 20.7% | $2,433.19 | $4,150,866 | $5,015,629 | 0.8275863895594711 |
|
||
| 1684 |
Bitcoin Gold
BTG
|
$0.2338 | 0.0% | 3.0% | 6.0% | 20.6% | $58.98 | $4,094,698 | $4,094,698 | 1.0 |
|
||
| 1801 |
Camp Network
CAMP
|
$0.0004095 | 0.3% | 0.6% | 1.8% | 60.3% | $593,333 | $4,092,622 | $4,094,904 | 0.999442669732 |
|
||
| 1803 |
GenesisL1
L1
|
$0.09770 | 0.1% | 0.3% | 15.9% | 6.1% | $1,795.32 | $4,087,484 | $4,620,298 | 0.8846797075972505 |
|
||
| 1808 |
Pundi AI
PUNDIAI
|
$0.4503 | 0.2% | 0.8% | 7.9% | 5.4% | $1,935.72 | $4,052,754 | $4,052,754 | 1.0 |
|
||
| 1809 |
Scroll
SCR
|
$0.02128 | 1.1% | 3.1% | 5.3% | 4.2% | $2,866,799 | $4,042,626 | $21,276,978 | 0.19000000000000003 |
|
||
| 1821 |
Polyhedra Network
ZKJ
|
$0.006458 | 0.4% | 1.0% | 13.6% | 15.6% | $1,600,877 | $3,969,628 | $6,458,471 | 0.614638888 |
|
||
| 1822 |
Diamond
DMD
|
$1.04 | 0.1% | 2.6% | 4.3% | 7.9% | $8,614.29 | $3,962,144 | $4,576,153 | 0.865824200913242 |
|
||
| 1835 |
NetX
NETX
|
$0.1497 | 0.3% | 0.3% | 1.2% | 23.2% | $138,295 | $3,911,288 | $4,489,028 | 0.8712995791600218 |
|
||
| 1839 |
Towns
TOWNS
|
$0.001830 | 0.5% | 2.1% | 14.9% | 20.1% | $2,577,081 | $3,860,718 | $18,537,656 | 0.20826356614146002 |
|
||
| 1842 |
CESS Network
CESS
|
$0.001445 | 0.2% | 0.8% | 0.2% | 0.9% | $128,844 | $3,832,437 | $14,462,027 | 0.26499999999999996 |
|
||
| 1849 |
THAT
THAT
|
$0.002465 | 0.6% | 0.6% | 9.5% | 25.0% | $18,832.19 | $3,787,760 | $8,134,318 | 0.4656518154380992 |
|
||
| 1860 |
Alltoscan
ATS
|
$0.04870 | 0.1% | 1.6% | 6.4% | 35.1% | $157,412 | $3,708,440 | $4,869,781 | 0.7615209539174377 |
|
||
| 1888 |
Everscale
EVER
|
$0.001806 | 0.0% | 0.3% | 16.5% | 38.2% | $2,920.10 | $3,584,855 | $3,823,154 | 0.9376695474766383 |
|
||
Koinos
KOIN
|
$0.04188 | 0.0% | 0.0% | 0.0% | 0.0% | $453.16 | $3,549,257 | $3,549,334 | 0.99997841399416 |
|
|||
| 1894 |
Observer
OBSR
|
$0.0005429 | 0.7% | 4.7% | 3.3% | 104.5% | $4,838,412 | $3,532,650 | $7,600,505 | 0.46479149078571425 |
|
||
| 1905 |
Minima
MINIMA
|
$0.005278 | 2.1% | 1.4% | 17.6% | 29.5% | $9,031.48 | $3,491,450 | $5,277,840 | 0.6615301927885917 |
|
||
| 1909 |
Coinweb
CWEB
|
$0.0005102 | 0.0% | 1.6% | 3.9% | 12.5% | $197.37 | $3,478,280 | $3,876,044 | 0.897378809440378 |
|
||
| 1915 |
Vertcoin
VTC
|
$0.04647 | 2.0% | 4.0% | 7.9% | 11.6% | $8,299.02 | $3,462,291 | $3,462,392 | 0.9999706403592876 |
|
||
| 1933 |
Cult DAO
CULT
|
$0.068844 | 0.3% | 2.5% | 4.7% | 36.7% | $3,410.42 | $3,395,713 | $4,406,989 | 0.7705291745783724 |
|
||
| 1938 |
Zircuit
ZRC
|
$0.0009242 | 1.4% | 1.4% | 2.3% | 10.0% | $335,202 | $3,379,423 | $9,240,928 | 0.36570170747499997 |
|
||
| 1945 |
Aavegotchi
GHST
|
$0.06360 | 0.2% | 0.4% | 3.7% | 49.4% | $33,089.11 | $3,354,954 | $3,354,954 | 0.9999999715592418 |
|
||
| 1951 |
PlatON Network
LAT
|
$0.0004775 | 0.5% | 2.3% | 15.4% | 9.0% | $1,131,638 | $3,336,555 | $4,894,425 | 0.6817051221464309 |
|
||
| 2005 |
Ancient8
A8
|
$0.004882 | 0.7% | 1.0% | 4.5% | 17.1% | $2,986,313 | $3,018,676 | $4,889,075 | 0.61743294337 |
|
||
| 2011 |
Dingocoin
DINGO
|
$0.00002546 | 3.2% | 15.5% | 25.8% | 21.0% | $43,750.90 | $2,999,387 | $2,999,390 | 0.9999988964053178 |
|
||
| 2031 |
Grin
GRIN
|
$0.01300 | 14.2% | 14.6% | 21.6% | 5.5% | $6,873.25 | $2,908,120 | $11,319.02 | 256.92320409449576 |
|
||
| 1979 |
Step App
FITFI
|
$0.0006320 | 0.0% | 0.3% | 347.7% | 3190.2% | $12.91 | $2,907,211 | $2,907,211 | 1.0 |
|
||
| 2055 |
Aeternity
AE
|
$0.006403 | 0.6% | 0.5% | 14.8% | 32.1% | $2,366.51 | $2,805,411 | $3,433,748 | 0.8170113320716995 |
|
||
| 2061 |
Validity
VAL
|
$0.4911 | 0.2% | 1.7% | 0.8% | 12.5% | $15,732.31 | $2,781,760 | $4,420,218 | 0.6293264513505454 |
|
||
| 2067 |
LeisureMeta
LM
|
$0.0007704 | 2.0% | 4.2% | 1.5% | 81.4% | $554,267 | $2,746,816 | $3,593,631 | 0.7643568195546514 |
|
||
| 2075 |
Tectum
TET
|
$0.2730 | 0.8% | 2.4% | 1.1% | 20.2% | $59,940.93 | $2,723,395 | $2,723,697 | 0.9998889010549189 |
|
||
| 2082 |
PAW
PAW
|
$0.082713 | 0.0% | 74.6% | 76.3% | 71.0% | $17.49 | $2,712,672 | $2,712,672 | 1.0 |
|
||
| 2087 |
Clover Finance
CLV
|
$0.002200 | 5.3% | 0.1% | 5.4% | 13.0% | $114,074 | $2,693,232 | $4,400,200 | 0.6120704645 |
|
||
| 2104 |
Vexanium
VEX
|
$0.002390 | 0.0% | 24.1% | 23.8% | 3.8% | $52,593.98 | $2,638,580 | $2,638,580 | 1.0 |
|
||
| 2114 |
WINR Protocol
WINR
|
$0.002947 | 1.8% | 2.5% | 4.6% | 33.8% | $9,566.35 | $2,601,784 | $2,601,784 | 1.0 |
|
||
| 2150 |
MEZO
MEZO
|
$0.004984 | 0.2% | 0.8% | 17.9% | 32.0% | $911,694 | $2,492,199 | $4,984,398 | 0.5 |
|
||
| 1914 |
Thought
THT
|
$0.006551 | 0.0% | 0.0% | 5.7% | 34.4% | $54.91 | $2,491,803 | $9,304,961 | 0.2677930052372312 |
|
||
| 2160 |
Zypher Network
POP
|
$0.001708 | 0.8% | 11.6% | 12.2% | 29.5% | $1,372,787 | $2,458,997 | $17,081,313 | 0.1439583333 |
|
||
| 2172 |
Bellscoin
BELLS
|
$0.03970 | 0.5% | 21.1% | 30.1% | 8.9% | $84,631.33 | $2,422,375 | $2,422,375 | 1.0 |
|
||
| 2187 |
Mythos
MYTH
|
$0.002762 | 0.0% | 0.8% | 2.7% | 20.9% | $811.76 | $2,382,280 | $2,761,993 | 0.8625221247272651 |
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Smart Contract Platform Categories
| Name | 24h | Market Cap |
|---|---|---|
|
All Smart Contract Platform
|
0.7%
|
$2,276,392,219,714
|
|
Layer 1 (L1)
|
0.7%
|
|
|
Proof of Work (PoW)
|
0.8%
|
|
|
Proof of Stake (PoS)
|
0.7%
|
|
|
Zero Knowledge (ZK)
|
0.6%
|
|
|
Layer 2 (L2)
|
2.0%
|
|
|
Privacy Blockchain
|
0.8%
|
|
|
Layer 0 (L0)
|
2.4%
|
|
|
Optimism Superchain Ecosystem
|
6.5%
|
|
|
SideChain
|
2.6%
|
|
|
Gaming Blockchains
|
2.1%
|
|
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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