AltLayer Price (ALT)

AltLayer (ALT) Price Now

AltLayer price today is $0.3597 with a 24-hour trading volume of $35,986,974. ALT price is down -3.57% in the last 24 hours. It has a circulating supply of 1.1Bil ALT tokens and a max supply of 10Bil.
In order to search for real-time and historical information about AltLayer (ALT) blockchain, including data related to blocks, transactions, addresses, and more, you may use AltLayer (ALT) block explorers. Here are some of the most popular and useful AltLayer (ALT) blockchain explorers out there:

• etherscan.io
• bscscan.com

What Is AltLayer(ALTL)?

• AltLayer is an open and decentralized protocol for rollups. AltLayer brings together a novel idea of Restaked Rollups which takes rollups (spun from any rollup stack such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality by leveraging restaking mechanism.

• ALT is AltLayer's native utility token and is used in the following functions:

  • Economic bond: ALT token will be used alongside restaked assets to provide economic stake. This stake can be slashed if a malicious behavior is detected.

  • Governance: ALT token holders can vote on governance decisions.

  • Protocol Incentivization: Operators in the AltLayer ecosystem can earn ALT tokens as rewards for their services.

  • Protocol Fees: Network participants will need to pay for intra-network services in ALT tokens.

• AltLayer’s core offering of restaked rollups consists of three key products: 

  • VITAL: An Actively Validated Service (AVS), where operators verify blocks and the corresponding states committed by the rollup sequencer and raise fraud proof challenges if necessary.

  • MACH: A protocol to provide faster finality to rollups by allowing operators to restake Ethereum-based assets to back any claims on the rollup state.

  • SQUAD: Offer decentralized sequencing with economic backing. Decentralized sequencing eliminates short-term liveness concerns, bad MEV, rent extractions and other issues associated with rollups that operate with a single sequencer.

• AltLayer has raised 22.8MM USD from two rounds of private token sales, where 18.50% of the ALT total token supply has been sold at 0.008 USD / ALT and 0.018 USD / ALT respectively.

• AltLayer’s investors include Polychain Capital, Binance Labs, Jump Crypto, Breyer Capital, DAO5, Balaji Srinivasan (former CTO of Coinbase and former GP of a16z), Gavin Wood (Co-Founder of Ethereum and Parity), Sean Neville (Circle Co-Founder and USDC architect) and Ryan Selkis (Founder of Messari), among others.

• As of January 17th 2024, the total supply of ALT is 10,000,000,000 and the circulating supply upon listing will be 1,100,000,000 (11.00% of the total token supply.)

AltLayer Token Generation Event: January 25, 2024

Mark your calendars as we prepare for the launch of ALT Token on January 25, 2024 at 10:00 (UTC) (token listing date). Join us in celebrating this milestone and be among the first to explore the limitless possibilities our token brings to AltLayer and beyond.

AltLayer Launch Process: Binance Launchpool

The token will be launched via Binance Launchpool. Users of Binance can stake BNB, and FDUSD, to farm ATL tokens over 6 days, with farming starting from January 19, 2024 at 00:00 (UTC). Binance will then list ALT on January 25, 2024 at 10:00 (UTC) and open trading with ALT/BTC, ALT/USDT and ALT/BNB, ALT/FDUSD and ALT/TRY trading pairs.

Please refer to the Binance blogpost for further details on how to get involved.

Airdrop to AltLayer early supporters

To our community, we thank you for your love and support. We could not have come this far without you. And therefore as a token of appreciation, we will have a dedicated airdrop to our community members. High-level information is given below but more details will follow in the coming days.

For more detail, check it out https://blog.altlayer.io/altlayers-alt-token-launch-f49bf8ac2556

AltLayer Snapshot date

A snapshot of all qualified addresses was taken on Jan-17–2024 12:00:11 AM (Ethereum block number 19022890).

Sanctioned regions: Community members who reside in, or are citizens of, are located in the United States of America, Canada, China, Iran, Cuba, North Korea, Syria, Myanmar (Burma), the regions of Crimea, Donetsk or Luhansk, or any other country or region that is the subject of comprehensive country-wide or region-wide economic sanctions by the United States, EU and the UK (collectively, "Restricted Territories") will not be eligible for the airdrop.

More details on the airdrop will be shared in the coming days. Do note that this is the first wave of airdrop to our community. More airdrops to our wider ecosystem partners and supporters will follow in the coming months.

AltLayer Roadmap and Updates

AltLayer Milestones

• 2022: Q2    AltLayer OG Badge NFT mint on an ephemeral rollup
• 2022: Q4    Dark Forest community round I on a game-dedicated ephemeral rollup
• 2022: Q4    "Oh Ottie!" NFT multi-chain mint on an ephemeral rollup
• 2023: Q1    Dark Forest community round II on a game-dedicated ephemeral rollup
• 2023: Q1    RaaS launchpad private launch
• 2023: Q1    RaaS dashboard goes public
• 2023: Q2    FlashGPT launch
• 2023: Q2    AltLayer supports Arbitrum Orbit
• 2023: Q2    Multi-sequencer rollup testnet release
• 2023: Q2    Fraud proof for AltLayer rollups on testnet
• 2023:Q2    Rollup staking goes live on testnet
• 2023:Q3    Integration of restaking with ephemeral rollups
• 2023:Q3    SDK and API release for ephemeral rollups
• 2023:Q3    Sovereign SDK integration
• 2023:Q3    Launch of Turbo: a game-dedicated rollup SDK
• 2023:Q4    Support for xERC-20 in RaaS dashboard
• 2023:Q4    Bring "on-demand" ZK Fraud Proofs to optimistic rollups
• 2023:Q4    Support Polygon CDK
• 2023:Q4    Announced Restaked Rollups

AltLayer  Current Roadmap

• Q1 2024:

  • Testnet launch of the integration of Arbitrum Orbit with Celestia, Espresso, EigenDA

  • Testnet launch of the integration of Op Stack with EigenDA and Avail 

  • Support ZK Stack

  • VITAL, MACH: Testnet launch with OP Stack support

  • TGE

  • Season 1 Airdrop 

  Q2 2024: 

  • Testnet launch of the integration of Polygon CDK with alt DAs

  • VITAL, MACH: Mainnet launch with OP Stack support along with EigenLayer AVS mainnet

  • Alt staking for restaked rollups

  • VITAL, MACH: Testnet launch with Arbitrum Orbit support

  Q3 2024: 

  • Support non-EVM rollups

  • VITAL, MACH: Mainnet launch with Arbitrum Orbit support along with EigenLayer AVS mainnet

AltLayer  Commercial and Business Development Progress

• Research Collaborations:

  • EigenLayer: AltLayer has partnered with EigenLayer to build restaked rollups and support EigenDA.

  • RISC Zero: RISC Zero is building zkVM – a general purpose ZK compute framework. AltLayer has partnered with RISC Zero to develop a new type of fault proofs called ZK Fault Proofs.

• Clients using AltLayer:

  • Cometh:Cometh is a game studio based out of France. They have previously worked with prestigious clients, namely La Française des Jeux (FDJ), Lacoste, FanLive Rugby, and Life Beyond Studios for their web3 needs. Cometh is building a new game called Cosmik Battle with user-friendly biometric wallets and a customizable NFT marketplace on a rollup provisioned by AltLayer.

  • Double Jump Tokyo: Double jump.tokyo is a blockchain game development studio based out of Japan. They provide web3 game and NFT development services to large-scale enterprises in the gaming & entertainment sector. They have worked with notable partners such as SEGA, Bandai & Ubisoft and own game IPs such as Sangokushi Taisen. Double Jump is also a member of the Japan Blockchain Organisation & Backed by Jump, Circle & others. AltLayer’s exclusive partnership with Double Jump would allow developers to launch rollups that settle on Oasys – a game dedicated rollup by Double Jump Tokyo.

  • Injective: Injective is a blockchain where developers can leverage a decentralized orderbook to build applications. Injective has partnered with AltLayer to use the modular Restaked rollup framework.

  • Avive: Avive is a geosocial protocol with Proof of Network consensus. It introduces the concept of "Sovereign Footprint", emphasizing individual ownership and control over personal data and digital identities.

  • Deri: Deri Protocol allows users to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Deri Protocol has partnered with AltLayer for their app-dedicated rollup launch.

  • Automata: Automata is a blockchain middleware service provider backed by Binance Labs, Jump Crypto, and others. They recently launched a modular attestation layer with attestation conducted fully on-chain for out-of-protocol computation. The project enables on-chain verification of heavy-weight computation through proof-of-machinehood and uses AltLayer's rollups to achieve scalability. Automata has partnered with AltLayer for their app-dedicated rollup launch for Automata 2.0.

  • ALLO:Allo protocol is building applications across programmable funds, tokenizing real world assets, trading and staking. This product is being built as an extension of Allocations – a fund management platform with over $1B of assets currently under administration on the platform and backed by Flex Capital, Genesis Accel, Digital Horizon, Whatif Ventures, Garage Syndicate, W5 Group among others. Allo has partnered with AltLayer to build an RWA rollup.

AltLayer (ALT) Community

• Twitter: https://twitter.com/Alt_Layer
• Discord: https://discord.com/invite/altlayer
• Medium: https://blog.altlayer.io/
• Telegram: https://t.me/altlayer

What is AltLayer (ALT) Contracts address?

• Ethereum: 0x8457CA5040ad67fdebbCC8EdCE889A335Bc0fbFB
• BNB Chain(BEP20): 0x8457CA5040ad67fdebbCC8EdCE889A335Bc0fbFB