aelf

aelf is a Layer 1 blockchain network launched in 2017 and headquartered in Singapore, designed to offer a scalable, low-cost platform for developers building decentralized applications and Web3 services. It positions itself as an AI-enhanced chain with modular Layer 2 technology, aiming to make blockchain infrastructure more accessible and efficient for both developers and end users. The ELF token is the native asset of the network.

aelf is built using the C# programming language and a multi-layered architecture that separates the main chain from side chains, allowing different tasks to be processed in parallel rather than competing for the same resources. The network incorporates modular Layer 2 ZK Rollup technology for additional throughput and cost reduction. ELF is used within the system to pay transaction fees and participate in network governance, and the token exists across the aelf chain as well as within the BNB Chain and Ethereum ecosystems.

The network generated 17.93 USD in total fees over the trailing 30 days and 2,603.82 USD over the trailing 12 months, with fees paid by users of the network for transactions and smart contract execution. Of the 30-day fees, the protocol retained 1.78 USD as revenue, reflecting a take rate of roughly 9.9% over that period, while the remaining 16.15 USD went to the supply side, meaning validators or other network participants. Fee activity grew 147.69% over the last 30 days, though the absolute dollar amounts involved remain very small; annualized from the trailing 30-day run rate, total fees project to approximately 218.15 USD.