N1
High-performance financial L1
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About N1
N1, formerly Layer N, is a high-performance rollup network evolving into a dedicated Layer-1 blockchain for finance. Key milestones include the launch of Testnet V1.2, the strategic acquisition of 01.xyz to integrate a full trading stack, and the upcoming N1 2.0 upgrade (Nord Nova) with deeper liquidity, more markets, RFQ, vaults, and equities. Long-term significance lies in its full-stack approach: native orderbook, margining, and atomic composability at the protocol level, backed by investors like Founders Fund and Multicoin. The transition to N1 marks a shift from pure infrastructure to owning applications, ensuring quality, distribution, and value capture.
N1 is a high-performance rollup network founded by a team with strong technical and financial backgrounds.
Dima Romanov – Co-Founder & CEO. Studied Computer Science and Mathematics at McGill University (honours, 4.0 GPA, on leave). Previously interned at Morgan Stanley in Finance & Technology. Passionate about AI, software engineering, and entrepreneurship.
Sheheryar Parvaz – Co-Founder & CTO. Technical lead with deep expertise in blockchain infrastructure and system design. (Specific educational/career details not provided in available sources.)
David Cao – Co-Founder. Graduated from Harvard University. Brings strategic and product vision to the project.
All three are currently building N1, which focuses on on-chain finance with ultra-high throughput, sub-ms latency, and congestion-free transactions.