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MultiversX is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

MultiversX rewards the community and active participants with EGLD tokens. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators provide services.

EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions.

MultiversX was first announced in August 2019, and its mainnet went live in July 2020.

Wrapped EGLD

OpenEden

XDC Network (formerly known as XinFin Network) is a hybrid (public / private) blockchain platform that combines the transparency of public blockchains with the speed and security of private networks. With the help of blockchain technology and state-of-the-art infrastructure, the project intends to provide streamlined financial services to its users.

The protocol’s open-source software uses a delegated-Proof-of-Stake (XDPoS) consensus mechanism, which facilitates fast transactions, interoperability, and cybersecurity. The network can process 2000 transactions per second (TPS), and thanks to interoperable smart contracts and Ethereum Virtual Machine (EVM) compatibility, users can more easily scale their projects.

Wrapped XDC

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

XUSD, a stablecoin pegged to the U.S. Dollar, is issued by StraitsX, a licensed Major Payment Institution in Singapore. This digital asset is fully backed by reserve assets and designed for global, always-on payments. Running on the Ethereum and Binance Smart Chain networks, XUSD transactions settle in seconds, making it a robust option for seamless financial operations. The smart contract for XUSD was first deployed in February 2024, aiming to bridge ASEAN’s financial ecosystem with the stability of the world’s primary reserve currency.

StraitsX ensures transparency and trust by providing monthly reserve attestation reports from an ISCA-listed auditing firm. Additionally, XUSD is audited by Quantstamp, further solidifying its reliability. The Monetary Authority of Singapore (MAS) has acknowledged XUSD as compliant with Singapore's upcoming stablecoin regulatory framework, adding another layer of credibility.

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