July 25, 2026

Layer 1 (L1)

Layer 1 (L1)

The base blockchain protocol such as Bitcoin or Ethereum that forms the foundation of the network's infrastructure.

Previous Article

Layer 0

Next Article

Layer 2 (L2)

You might be interested in …

Perpetual Contract

A derivative contract with no expiration date that tracks the price of an underlying cryptocurrency and uses funding rates.

Staking

The process of locking up cryptocurrency in a wallet or protocol to participate in network validation and earn rewards.

Dead Cat Bounce

A temporary recovery in cryptocurrency prices following a sharp decline, before the downtrend resumes.