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Olive

(Inactive)

Ethereum layer 3 chain

Comparison:

Details

Olive Network is a secure, developer and user friendly Ethereum layer 3 chain designed to be fully EVM compatible and built with native ETH staking and restaking. By leveraging Eigen DA for data availability and Arbitrum L2 as settlement layer, Olive is able to reduce its cost by 1000x and able to offer devs gasless transactions. The predecessor of Olive Network was Polysynth, a decentralized structured derivatives protocol.

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Significant Events

Jul, 2022

Olive raised $ 3 M in strategic financing

Nov, 2021

Olive raised $ 1.5 M in Seed round

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