Top EVM (Ethereum Virtual Machine) compatible networks

BNB Smart Chain (formerly Binance Smart Chain) is a blockchain developed by Binance, one of the leading cryptocurrency exchanges, using Proof of Staked Authority (PoSA).

BSC supports smart contracts and is EVM-compatible, allowing developers to deploy smart contracts and build DApps on BSC conveniently. Compared with Ethereum, the transaction fees are lower and confirmation time is faster.

BSC adopts Proof of Staked Authority (PoSA), which allows holders of its native token, BNB, to vote for 41 validators. 21 validators of them are responsible for on-chain transaction validation and block production, while the other 20 serve as candidate block producers.

BSC produces 1 block every 3 seconds, and when a validator produces a valid block, he will be rewarded with the miner's fee for all transactions in the block, but unlike Ethereum and Bitcoin, BSC validators do not have block rewards.

Polygon

• Polygon, formerly known as the Matic Network, is a scaling solution that seeks to give several methods to boost the speed of transactions on blockchain networks while also lowering their cost and complexity.
• Polygon describes itself as a layer-2 network, which means it is an add-on layer to Ethereum that does not attempt to alter the original blockchain layer.
• Like its geometric namesake, it has numerous sides, shapes, and applications, and it promises to be a more straightforward framework for creating interconnected networks.

Matic

• After the rebranding, Polygon retained its MATIC cryptocurrency, the digital coin underpinning the network. 
• MATIC is the payment and settlement unit for participants who engage within the network and is also utilized to keep tokens safe on the Polygon network.
• The MATIC cryptocurrency is available on several well-known decentralized and centralized trading platforms, including Binance, 1inch Exchange, and Coinbase Pro.
• The crypto community is gathering together to make it easier to buy Polygon (MATIC) tokens by making them available in both fiat and crypto.

Features of Matic

• It provides blockchain performance enhancement technologies like sidechain, which was one of the first things they offered to improve its performance. Transactions are processed faster, and the fee is significantly lower.
• Its primary goal is to create a foundation for blockchain networks. Instead of being completely disconnected, users would be able to establish blockchain networks that interconnect.
•  It is Ethereum Virtual Machine (EVM) compatible. Because Polygon is EVM compatible, developers can easily port their apps to it. Aave and SushiSwap are two of the popular Ethereum apps that have already been deployed on Polygon.
• Other blockchain networks, such as Ethereum 2.0, may pose certain difficulties. Polygon is one of the blockchain network projects under development to avoid these challenges. Polkadot and Avalanche also provide interconnected blockchains. 
• Fees, governance, and staking are all handled through the Polygon token.

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.

Powered by Ethermint, Cronos allows rapid porting of apps and smart contracts from Ethereum and EVM-compatible chains.

Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.

Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.

OKC has recently launched support for Ethereum Virtual Machine and can now support developers wanting to migrate their Ethereum decentralized applications without having to write entirely new code. For instance, developers can now migrate their Ethereum DApps to OKC, such as trading and lending protocols as well as nonfungible tokens and stablecoins.

In order to facilitate user participation in this new ecosystem of Ethereum DApps on OKC, the team has also introduced EVM-compatible wallet addresses. Now, each OKC user will have two wallet addresses: a native OKC wallet address and an EVM-compatible wallet address. As seen in the image below, EVM addresses start with “0x” and OKC’s native wallet addresses start with “ex.”

Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.

Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate DeFi and related services on the basis of smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom's EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.”
 

The IoTeX blockchain is decentralized, EVM-compatible, and lightning-fast, making it the perfect foundation for decentralized applications and products. Powered by our in-house Roll-DPoS consensus mechanism, the IoTeX blockchain is governed and maintained by 60+ Delegates for true decentralization. As the "root of trust" for the entire IoTeX Network, our blockchain is fully open-source and built-from-scratch to the highest technical standards. It is also one of the fastest blockchains in the industry (5-second blocks w/ instant finality) and has been running error-free since 2019.

The IoTeX blockchain is compatible with the Ethereum Virtual Machine (EVM), which allows developers to build/convert any Solidity-based smart contract on IoTeX.

The IoTeX blockchain utilizes Roll-DPoS consensus, a variant of Delegated Proof of Stake (DPoS) designed in-house to support the high scalability required for IoT use cases. Unlike traditional DPoS that utilizes a fixed number of Delegates (e.g., EOS has 21 block producers), Roll-DPoS randomly selects 24 of the top 36 community-voted Delegates to mine every hour, which greatly improves the decentralization and security of the IoTeX Network without sacrificing performance.

Harmony is a powerful blockchain that is EVM compatible with sharding and staking features. Developing on Harmony should feel very familiar for Ethereum developers, as Harmony is fully Ethereum compatible and inherits almost all the tools and libraries from Ethereum, like truffle, remix, web3js, etc.

Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.

Reef is a Reliable Extensible Efficient Fast Layer-1 Blockchain for DeFi, NFT & Gaming. Built using Substrate Framework, it provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase.

Reef Chain is the most advanced EVM-compatible blockchain. It's self-upgradable and has on-chain governance. Its infrastructure also allows for EVM extensions which allows for native token bridge, scheduled calls (ie. recurring payments), and smart contract in-place code upgrades. In the near future, it will support additional VMs which will allow developers to write code in multiple programming languages. The network runs on a Nominated Proof-of-Stake (NPoS) consensus mechanism, which offers scalability and low fees.
 

Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot. Moonbeam makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.

Moonbeam is much more than just an EVM implementation: it’s a highly specialized parachain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The Moonbeam platform extends the base Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations.

Velas is the world's fastest EVM Blockchain enabling up to 75 000 tx/s, processed instantly, with highest security out there, at almost for free. Velas Ecosystem consists of decentralised products built on top of its chain to present the ease of user experience of decentralised, open-source products.

Velas blockchain is based on high-performance protocol, which implements an innovative time architecture, transaction processing mechanism, and more efficient consensus model compared to other blockchains. Velas is the full hybrid EVM/eBPF chain of Solana and Ethereum, that inherited the best from both: security, scalability, high performance, 1.2 sec finality, extremely low fees and EVM/Solidity support.

Aurora is an Ethereum Virtual Machine created by the team at the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users.

Aurora is a product that helps Ethereum users and dApps to easily move to the NEAR blockchain. It allows users to do two distinct things: upload and interact with Solidity smart contracts on NEAR blockchain and move assets (including ERC-20 tokens) between Ethereum, NEAR and Aurora via the Rainbow Bridge..

Aurora’s base token is ETH to deliver the best user experience and familiar tooling for developers.

AURORA token is a governance token to ensure proper upgrades to the protocol. Aurora is governed by AuroraDAO which includes representatives from different ecosystems and sectors of the blockchain industry.

Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot.

It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.

This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.

Telos is a high performance L1 and the home to the fastest EVM

Telos is built for speed and scalability making it the ideal network for mainstream adoption – Telos based Tokens NFT’s and Smart Contracts are already used for DeFi, Gaming, Social Media apps and many more use cases. Telos is home to over 100 distinct applications (dApps) including Taikai, Qudo, Qubicles, Appics, Wordproof, Seeds, Zeptagram, and NewLife. These applications enjoy the networks speed (0.5s block times) and scale (10,000+ TPS) but also the robust on-chain services that Telos provides for voting, sentiment, decentralized file storage, location and much more.

The network is home to the most performant version of the Ethereum Virtual Machine available. Telos is the the only blockchain to support the two leading standards EVM and EOSIO for smart contract development. These two technologies together make up the majority of the top dApps on popular tracking websites such as dapp radar.

Boba is a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts. Boba offers fast exits backed by community-driven liquidity pools, shrinking the Optimistic Rollup exit period from seven days to only a few minutes, while giving LPs incentivized yield farming opportunities.

Boba’s extensible smart contracts will enable developers across the Ethereum ecosystem to build dApps that invoke code executed on web-scale infrastructure such as AWS Lambda, making it possible to use algorithms that are either too expensive or impossible to execute on-chain.

TomoChain is a scalable public blockchain built on a performance layer that achieves high transaction speeds without compromising decentralization. TomoChain uses an innovative consensus method called PoSV (Proof of Stake Voting) which gives an incentive to all TomoChain token-holders to play an active part in staking across a network of 150 high-quality Masternodes, and to monitor their performance and governance actively.

The TomoChain blockchain and its product ecosystem allow entrepreneurs, enterprises, and institutions to build high-performance, feature-rich blockchain projects on an enhanced EVM-compatible platform. An array of original features and protocols is designed to support users’ speed, privacy, usability, and liquidity needs all in one platform.

Evmos is an Inter-Blockchain Communication protocol, a.k.a. IBC; the IP layer for blockchains. IBC is currently the safest and most secure and decentralized way to move assets across different blockchains, unlocking interoperability across multiple chains.

Evmos leverages the Cosmos SDK serves as the first IBC-compatible EVM-based chain, bringing composability, interoperability, and fast finality to Ethereum.

BNB Smart Chain (formerly Binance Smart Chain) is a blockchain developed by Binance, one of the leading cryptocurrency exchanges, using Proof of Staked Authority (PoSA).

BSC supports smart contracts and is EVM-compatible, allowing developers to deploy smart contracts and build DApps on BSC conveniently. Compared with Ethereum, the transaction fees are lower and confirmation time is faster.

BSC adopts Proof of Staked Authority (PoSA), which allows holders of its native token, BNB, to vote for 41 validators. 21 validators of them are responsible for on-chain transaction validation and block production, while the other 20 serve as candidate block producers.

BSC produces 1 block every 3 seconds, and when a validator produces a valid block, he will be rewarded with the miner's fee for all transactions in the block, but unlike Ethereum and Bitcoin, BSC validators do not have block rewards.

Polygon

• Polygon, formerly known as the Matic Network, is a scaling solution that seeks to give several methods to boost the speed of transactions on blockchain networks while also lowering their cost and complexity.
• Polygon describes itself as a layer-2 network, which means it is an add-on layer to Ethereum that does not attempt to alter the original blockchain layer.
• Like its geometric namesake, it has numerous sides, shapes, and applications, and it promises to be a more straightforward framework for creating interconnected networks.

Matic

• After the rebranding, Polygon retained its MATIC cryptocurrency, the digital coin underpinning the network. 
• MATIC is the payment and settlement unit for participants who engage within the network and is also utilized to keep tokens safe on the Polygon network.
• The MATIC cryptocurrency is available on several well-known decentralized and centralized trading platforms, including Binance, 1inch Exchange, and Coinbase Pro.
• The crypto community is gathering together to make it easier to buy Polygon (MATIC) tokens by making them available in both fiat and crypto.

Features of Matic

• It provides blockchain performance enhancement technologies like sidechain, which was one of the first things they offered to improve its performance. Transactions are processed faster, and the fee is significantly lower.
• Its primary goal is to create a foundation for blockchain networks. Instead of being completely disconnected, users would be able to establish blockchain networks that interconnect.
•  It is Ethereum Virtual Machine (EVM) compatible. Because Polygon is EVM compatible, developers can easily port their apps to it. Aave and SushiSwap are two of the popular Ethereum apps that have already been deployed on Polygon.
• Other blockchain networks, such as Ethereum 2.0, may pose certain difficulties. Polygon is one of the blockchain network projects under development to avoid these challenges. Polkadot and Avalanche also provide interconnected blockchains. 
• Fees, governance, and staking are all handled through the Polygon token.

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.

Powered by Ethermint, Cronos allows rapid porting of apps and smart contracts from Ethereum and EVM-compatible chains.

Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.

Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.

OKC has recently launched support for Ethereum Virtual Machine and can now support developers wanting to migrate their Ethereum decentralized applications without having to write entirely new code. For instance, developers can now migrate their Ethereum DApps to OKC, such as trading and lending protocols as well as nonfungible tokens and stablecoins.

In order to facilitate user participation in this new ecosystem of Ethereum DApps on OKC, the team has also introduced EVM-compatible wallet addresses. Now, each OKC user will have two wallet addresses: a native OKC wallet address and an EVM-compatible wallet address. As seen in the image below, EVM addresses start with “0x” and OKC’s native wallet addresses start with “ex.”

Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.

Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate DeFi and related services on the basis of smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom's EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.”
 

The IoTeX blockchain is decentralized, EVM-compatible, and lightning-fast, making it the perfect foundation for decentralized applications and products. Powered by our in-house Roll-DPoS consensus mechanism, the IoTeX blockchain is governed and maintained by 60+ Delegates for true decentralization. As the "root of trust" for the entire IoTeX Network, our blockchain is fully open-source and built-from-scratch to the highest technical standards. It is also one of the fastest blockchains in the industry (5-second blocks w/ instant finality) and has been running error-free since 2019.

The IoTeX blockchain is compatible with the Ethereum Virtual Machine (EVM), which allows developers to build/convert any Solidity-based smart contract on IoTeX.

The IoTeX blockchain utilizes Roll-DPoS consensus, a variant of Delegated Proof of Stake (DPoS) designed in-house to support the high scalability required for IoT use cases. Unlike traditional DPoS that utilizes a fixed number of Delegates (e.g., EOS has 21 block producers), Roll-DPoS randomly selects 24 of the top 36 community-voted Delegates to mine every hour, which greatly improves the decentralization and security of the IoTeX Network without sacrificing performance.

Harmony is a powerful blockchain that is EVM compatible with sharding and staking features. Developing on Harmony should feel very familiar for Ethereum developers, as Harmony is fully Ethereum compatible and inherits almost all the tools and libraries from Ethereum, like truffle, remix, web3js, etc.

Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.

Reef is a Reliable Extensible Efficient Fast Layer-1 Blockchain for DeFi, NFT & Gaming. Built using Substrate Framework, it provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase.

Reef Chain is the most advanced EVM-compatible blockchain. It's self-upgradable and has on-chain governance. Its infrastructure also allows for EVM extensions which allows for native token bridge, scheduled calls (ie. recurring payments), and smart contract in-place code upgrades. In the near future, it will support additional VMs which will allow developers to write code in multiple programming languages. The network runs on a Nominated Proof-of-Stake (NPoS) consensus mechanism, which offers scalability and low fees.
 

Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot. Moonbeam makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.

Moonbeam is much more than just an EVM implementation: it’s a highly specialized parachain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The Moonbeam platform extends the base Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations.

Velas is the world's fastest EVM Blockchain enabling up to 75 000 tx/s, processed instantly, with highest security out there, at almost for free. Velas Ecosystem consists of decentralised products built on top of its chain to present the ease of user experience of decentralised, open-source products.

Velas blockchain is based on high-performance protocol, which implements an innovative time architecture, transaction processing mechanism, and more efficient consensus model compared to other blockchains. Velas is the full hybrid EVM/eBPF chain of Solana and Ethereum, that inherited the best from both: security, scalability, high performance, 1.2 sec finality, extremely low fees and EVM/Solidity support.

Aurora is an Ethereum Virtual Machine created by the team at the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users.

Aurora is a product that helps Ethereum users and dApps to easily move to the NEAR blockchain. It allows users to do two distinct things: upload and interact with Solidity smart contracts on NEAR blockchain and move assets (including ERC-20 tokens) between Ethereum, NEAR and Aurora via the Rainbow Bridge..

Aurora’s base token is ETH to deliver the best user experience and familiar tooling for developers.

AURORA token is a governance token to ensure proper upgrades to the protocol. Aurora is governed by AuroraDAO which includes representatives from different ecosystems and sectors of the blockchain industry.

Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot.

It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.

This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.

Telos is a high performance L1 and the home to the fastest EVM

Telos is built for speed and scalability making it the ideal network for mainstream adoption – Telos based Tokens NFT’s and Smart Contracts are already used for DeFi, Gaming, Social Media apps and many more use cases. Telos is home to over 100 distinct applications (dApps) including Taikai, Qudo, Qubicles, Appics, Wordproof, Seeds, Zeptagram, and NewLife. These applications enjoy the networks speed (0.5s block times) and scale (10,000+ TPS) but also the robust on-chain services that Telos provides for voting, sentiment, decentralized file storage, location and much more.

The network is home to the most performant version of the Ethereum Virtual Machine available. Telos is the the only blockchain to support the two leading standards EVM and EOSIO for smart contract development. These two technologies together make up the majority of the top dApps on popular tracking websites such as dapp radar.

Boba is a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts. Boba offers fast exits backed by community-driven liquidity pools, shrinking the Optimistic Rollup exit period from seven days to only a few minutes, while giving LPs incentivized yield farming opportunities.

Boba’s extensible smart contracts will enable developers across the Ethereum ecosystem to build dApps that invoke code executed on web-scale infrastructure such as AWS Lambda, making it possible to use algorithms that are either too expensive or impossible to execute on-chain.

TomoChain is a scalable public blockchain built on a performance layer that achieves high transaction speeds without compromising decentralization. TomoChain uses an innovative consensus method called PoSV (Proof of Stake Voting) which gives an incentive to all TomoChain token-holders to play an active part in staking across a network of 150 high-quality Masternodes, and to monitor their performance and governance actively.

The TomoChain blockchain and its product ecosystem allow entrepreneurs, enterprises, and institutions to build high-performance, feature-rich blockchain projects on an enhanced EVM-compatible platform. An array of original features and protocols is designed to support users’ speed, privacy, usability, and liquidity needs all in one platform.

Evmos is an Inter-Blockchain Communication protocol, a.k.a. IBC; the IP layer for blockchains. IBC is currently the safest and most secure and decentralized way to move assets across different blockchains, unlocking interoperability across multiple chains.

Evmos leverages the Cosmos SDK serves as the first IBC-compatible EVM-based chain, bringing composability, interoperability, and fast finality to Ethereum.