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Boundless is a universal protocol designed to provide every blockchain with the power of ZK. It enables independent prover nodes to generate ZK proofs on behalf of layer 1’s, applications, rollups, and infrastructure across all chains. By offloading computation to the Boundless network and verifying proofs onchain, Boundless provides a consistent scalability and interoperability layer without requiring changes to existing networks.

Boundless was founded in 2022 by RISC Zero, the team behind the first RISC-V general-purpose zero-knowledge virtual machine (zkVM). Boundless was built to address a core limitation of current blockchains: every node must re-execute every transaction, meaning throughput is limited to the slowest node in the network. By verifying proofs instead of re-executing transactions, Boundless shifts blockchains from duplicated execution to proof-based verification, dramatically increasing capacity.

By separating execution from consensus, Boundless introduces a new architectural layer for the blockchain ecosystem - one that scales capacity, strengthens interoperability, and acts as the backbone of ZK proving for every chain.

Boundless

Holoworld AI

GoldeNugget

Powered by Bitcoin and Ethereum, Hemi is a modular network for superior scaling, security, and interoperability. While other projects approach Bitcoin and Ethereum as ecosystem silos, limiting the potential of both, Hemi views them as components of a single supernetwork. This unlocks new levels of programmability, portability, and potential for Bitcoin DeFi and so much more. Hemi was co-founded by Jeff Garzik (former Bitcoin core developer) and Max Sanchez (inventor of the Proof-of-Proof consensus protocol), and is surrounded by a team of renowned blockchain engineers, strategic partners and investors.

Hemi envisions a new, converged Internet ecosystem that is more secure, more interoperable, and more ready for the many challenges of Bitcoin DeFi, as well as a web3 and AI-driven future that is colliding with the Internet at-large.

Hemi features include:

Hemi Virtual Machine (hVM) – An Ethereum Virtual Machine wrapped around a Bitcoin node, delivering the best-possible access to the respective states of Bitcoin and Ethereum.

Hemi Bitcoin Kit (hBK) – Making hVM’s unique awareness of Bitcoin’s state accessible to developers, enabling the next generation of Bitcoin DeFi

Proof-of-Proof Consensus – The most decentralized, censor-resistant way to achieve Bitcoin-level security.

Tunnels – A more secure way to move assets from Bitcoin to Hemi and from Hemi to Ethereum.

HEMI is the native utility token that is used for:

Protocol governance, and as a future gas token.

Hemi

Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis. The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.

Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.

Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.

The Theta team has created a customer-centric business plan for their growing ecosystem of services focused on esports, music, TV, movies, and education. The list of Theta Network partners includes video platforms like Samsung VR, Cinedigm, Shout! Factory, Pandora.tv, Play Labs, and THETA.tv.

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Avantis is the largest RWA perps DEX in DeFi, built on and backed by Base. Avantis allows users to trade crypto and real-world assets (RWAs), including FX, commodities, indices, and equities. Backed by Pantera and Coinbase, Avantis is the largest DEX on Base by volumes, and brings institutional-grade products to DeFi, letting users trade with up to 500x leverage in a transparent, permissionless environment.

Avantis is best known for launching zero-fee perpetuals (ZFP) — a first-of-its-kind primitive where traders only pay fees if they profit. They've also brought leveraged RWAs onchain. This has driven explosive growth: over $20B+ in cumulative volume and 15M+ run-rate revenues since Febrruary 2024.

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