N

N1

High-performance financial L1

Performances

RD Popularity Index

3118.18% (24h)
0100200300400500
Project Rank: 1114/15432

RD Growth Index

4500.30% (24h)
0400800120016002000
Project Rank: 669/15432

Comparison

Event Calendar

Nov 2, 2022
N1 completed a new funding round
Sep 13, 2023
N1 raised $ 5 M in Seed round
Nov 3, 2023
N1 completed a strategic financing
Apr 10, 2024
N1 launches on the testnet

Follow Updates

Follow Lists

People

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.

Updated: Aug 29, 2026

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.

Updated: Aug 29, 2026