AltLayer

What is AltLayer (ALT)?

AltLayer describes itself as an open and decentralised protocol for rollups and AI agents. Its rollup-as-a-service platform lets teams launch custom rollups without writing code, with support for EVM and WASM and for several stacks, including OP Stack, Arbitrum Orbit, Polygon zkEVM, ZKStack and Starkware. The ALT token launched in January 2024, when Binance ran a Launchpool for it and listed it on 25 January.

How AltLayer works

AltLayer offers ephemeral rollups, which are short-lived chains launched for a specific application and then settled to Layer 1, as well as persistent ones. Because many rollups are short-lived by design, usage of the platform can be bursty rather than steady, and it depends on the rollup stacks and data layers it integrates with. The platform works with data availability layers such as Celestia, EigenLayer and Avail, and with shared sequencers such as Espresso and Radius, so a team can mix components instead of building each layer itself. AltLayer also offers services for AI agents, including discovery, reputation and agent-to-agent payments. Its restaked rollups framework adds security and fast finality to existing rollups using EigenLayer restaking. It has three on-demand services:

• VITAL verifies the correctness of rollup state.
• MACH provides fast finality.
• SQUAD handles decentralized sequencing.

ALT supply and token design

Total supply is 10 billion ALT. At launch, 500 million (5%) went to Binance Launchpool, and two private sale rounds raising $22.8 million accounted for 18.5% of supply. An airdrop covered early supporters such as NFT holders and community campaign participants. ALT works as an economic bond that can be reduced for malicious behavior, as the payment for protocol fees, as a governance vote and as a reward for operators. The token exists on Ethereum and BNB Chain at the same address, 0x8457ca5040ad67fdebbcc8edce889a335bc0fbfb. Live circulating supply is shown in the market data on this page.

Official information is on altlayer.io.

What to check before using ALT

• Token unlocks continue over time, and new supply can pressure the market.
• Restaking adds slashing and dependency risk tied to EigenLayer.
• Rollup-as-a-service is a crowded field, so adoption is not guaranteed.
• Rewards and demand for ALT depend on teams actually launching and paying for rollups.
• The launch airdrop and farming excluded US residents, so check eligibility for any current campaign.