Ethereum
Mainnet ·Live since 30 Jul 2015 ·New block every 12 s

The world settles on Ethereum.

Not just a blockchain. The most trusted settlement layer in the onchain economy. Open 24/7, every day of the year.

Why Ethereum leads

Ethereum is the world's leading smart-contract platform. It is the safest settlement layer.

Speed can be manufactured. Neutrality can't.

A chain can optimize for fast transactions. Neutrality can only be earned.

Code can be forked. Trust can't.

Ethereum's code is free to copy. Eleven years of running without failure is not.

Liquidity is gravity.

Every stablecoin, fund and market that launches on Ethereum makes the next one more likely to follow.

First where the world keeps score.

Every ranking below opens its live source.

#1 for economic securityToo costly to break. See the proof. (PDF) #1 for stablecoinsLive on DefiLlama #1 for tokenized real-world assetsLive on rwa.xyz #1 for decentralized financeLive on DefiLlama #1 for institutional deploymentsDirectory at Ethereum Institutional #1 for developersElectric Capital report
Explore 100+ Ethereum dashboardsWhy governments choose Ethereum (PDF)

Seven truths about Ethereum.

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Where the money already is.

Dollars, funds and markets choose the rail that already holds most of them. On every major measure of onchain value, that rail is Ethereum.

See it live on growthepie

Others launch chains. Ethereum settles them.

Base, Arbitrum, Robinhood Chain and dozens more run their own execution and settle back here. Every new layer 2 is a vote for Ethereum. Even rival chains copy its standards. Ethereum isn't just a chain. It's the standard.

Every layer 2, on ETHBEAT

Where assets and cash settle together.

Loans, bonds, funds and dollars on one ledger, changing hands in the same instant. No settlement risk. No waiting days. Credit markets are moving first.

Onchain credit markets, at Etherealize

Privacy without a gatekeeper.

Confidential bonds, funds and payments on a public rail. Institutions disclose what the rules require, and nothing to a vendor.

How it works, at EthSystems

Shared by nations. Controlled by none.

Bhutan verifies its national digital identity against Ethereum, while citizens keep their credentials in their own wallets. Public institutions can cooperate on shared infrastructure without surrendering their sovereignty.

Ethereum for the public sector

Upgraded in flight. Never grounded.

Ethereum has rebuilt its engine more than fifteen times, including a full switch to proof of stake, without ever going offline.

The roadmap

A company chain has a CEO or central control. Ethereum doesn't.

A CEO answers to a board, a regulator, or a competitor. Any of them can pause the chain. That is why rivals never fully trust each other's rails.

Ethereum answers to no one, so everyone can use it. Banks that compete for the same clients can settle on the same layer without handing either one the keys.

Neutrality built the Internet. Ethereum is next. Its credible neutrality sets the standard.

Ethereum is public infrastructure, like the Internet itself. Open to anyone, improved by hundreds of independent teams around the world. It creates more value than it captures, by design.

ETH is the reserve asset of onchain finance.

As a productive asset, ETH secures, collateralizes and accrues. Bitcoin sits outside the economy it hopes to back. ETH is embedded in the economy it secures.

It secures.

The network's security is posted in ETH. The more value settles here, the more ETH stands behind it.

It backs.

ETH is the collateral onchain markets run on, and the asset funds and treasuries now hold.

It earns.

Every transaction pays in ETH, part of every fee is burned, and stakers earn native yield.

A MODERN STORE OF VALUE THAT WORKS

Every new application adds utility and distribution to ETH, Ethereum's premier collateral. ETH is money.

Seven myths about Ethereum.

"Ethereum is slow."

Fact

Speed lives on layer 2s. Finality lives on Ethereum. You get both.

"Banks can't use a public chain."

Fact

They already do. Confidential systems on Ethereum disclose only what the rules require.

"ETH is just gas."

Fact

ETH secures the network, collateralizes its markets and accrues with its use. Gas is the least of it.

"Ethereum is fragmented."

Fact

Execution is spread out on purpose. Settlement is unified. That is how the Internet scaled too.

"Banks need their own private blockchain."

Fact

Private chains rebuild the silos tokenization was meant to remove. Shared liquidity only exists on a shared ledger.

"Quantum computers will break crypto."

Fact

Not Ethereum. Post-quantum security is being built into its core, not bolted on later. Ready for the next fifty years.

"Someone could shut it down."

Fact

Name who. No company, country or person has the switch, because there isn't one.

Go to the Leaders

This site makes the argument. These teams build Ethereum, bring institutions onto it and keep its score.

The stewards

The scorekeepers