aelf

aelf is a Layer 1 blockchain network, launched in 2017 and headquartered in Singapore, that aims to provide a scalable and developer-friendly infrastructure for decentralised applications. It targets developers and enterprises who want to build on a platform that combines a multi-layered architecture with AI integration and modular Layer 2 zero-knowledge rollup technology. The project positions itself as addressing the common blockchain trade-off between performance, cost, and security.

aelf is built using the C# programming language and organised around a multi-layered chain design in which a main chain coordinates a set of side chains, each capable of handling specific workloads independently. The consensus algorithm used by the network is not recorded in the data held on this site, but blocks are produced at a very high frequency relative to most blockchains, with a block time recorded as effectively sub-minute. The ELF token is used within the network to pay transaction fees, participate in governance, and compensate the parties who operate and secure the network.

Over the trailing 30 days the network collected 1,100.48 USD in total fees, paid by users initiating transactions on the chain, with a take rate of roughly 10 percent meaning the protocol retained approximately 110.45 USD as protocol revenue and the remaining 990.03 USD went to supply-side participants such as validators or stakers. Annualised from that same 30-day window, total fees project to 13,389.17 USD and protocol revenue to 1,343.81 USD. These are very small absolute figures relative to a circulating market capitalisation of approximately 51.1 million USD, which is reflected in a market-cap-to-annualised-fees ratio of 4,004.75 and a market-cap-to-annualised-revenue ratio of 39,901.76. Total value locked on the chain stands at 4,617,641.07 USD at the point in time captured.