AppLayer Project Introduction, Team, Financing and News

Performances

RD Popularity Index

2931.82% (24h)

0100200300400500

Project Rank: 3799/15432

RD Growth Index

1060.42% (24h)

0400800120016002000

Project Rank: 4648/15432

Comparison

Event Calendar

Oct 31, 2022

AppLayer raised $ 680 K in Seed round

May 1, 2024

AppLayer launches on the testnet

May 1, 2024

SparqNet renamed as AppLayer

Jul 21, 2024

AppLayer completed a new funding round

May 6, 2025

Arcanum Ventures and AppLayer Partner

May 6, 2025

AppLayer completed a new funding round

Team

Michael Weinrub

CEO

Itamar Carvalho Pinto Salomão

Founder&CTO

Jose Rodriguez

Business Developer

Fundraising

TTB Ventures AArcanum Ventures FFrens

Round	Amount	Valuation	Date	Source	Investor
--	--	--	May 6, 2025		AArcanum Ventures
--	--	--	Jul 21, 2024	--	FFrens
Seed	$ 0.68M	--	Oct 31, 2022	--	--

Follow Updates

Follow Lists

People

Details

AppLayer is a modular EVM layer designed for cross-chain applications. It provides a Blockchain Development Kit (BDK) enabling developers to quickly build custom app chains and deploy EVM smart contracts. Its core mechanism is the Chain Abstraction Network (CAN), which allows native communication and bridging of arbitrary data and tokens between different app chains, as well as connection to external networks. Security is maintained by validators and sentinel nodes, with sentinels operated by AppLayer Labs to prevent validator collusion. Developers can also access on-chain functions such as randomness generation via precompiled contracts.

Tags:

Infra

Layer2

Formerly:

SparqNet

Founded:

2022

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