L2BEAT
An analytics platform tracking Ethereum Layer 2 scaling solutions, providing metrics on TVL, risks, and adoption.
What is L2BEAT?
L2BEAT monitors 50+ Ethereum L2 projects, displaying real-time data like $40 billion total TVL and 1.2 million daily transactions As of 2025. It evaluates risks via stages (Stage 0-2), with only Arbitrum and Optimism at Stage 2 for full decentralization.
The open-source tool uses TypeScript for dashboards comparing sequencer uptime (e.g., 99.5% average) and upgradeability, aiding developers in assessing protocol maturity.
Related Terms
Maintenance Margin
The minimum collateral required to keep a leveraged position open.
Decentralization (Prediction Market)
The distribution of control and data across multiple nodes in a prediction market, reducing reliance on a single authority.
Consensus Algorithm
A consensus algorithm is a mechanism used by a blockchain network to achieve agreement among nodes on the validity and order of transactions in a decentralized system.
Basis Point
A unit of measure equal to one-hundredth of a percentage point (0.01%), used to express changes in interest rates, yields, or spreads in finance.
BUIDL
The act of actively building and contributing to the development of decentralized technologies and ecosystems, rather than solely investing or speculating.
Algorithmic Stablecoin
A digital asset maintaining value through supply adjustments without direct collateral.