# Abstract

> Track Abstract with daily standardized on-chain data across 2 chains. Compare Abstract with other blockchains (L2). See charts and datasets in one place.

Source: [Abstract on Token Terminal](https://tokenterminal.com/explorer/projects/abstract). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Blockchains (L2)
- Chains: abstract, ethereum

## About

### What it is

Abstract is an L2 smart contract platform for decentralized applications on Ethereum. Abstract was founded by Luca Netz and the Igloo Inc. team, and launched in 2025.

### Who uses it

Abstract team & investors own and govern the protocol. Abstract's investors include Founders Fund, 1kx, Fenbush Capital, etc.

### How it works

Abstract batches users' transactions and submits them to Ethereum, paying a share of the transaction fees to Ethereum validators (expense).

## Metrics

Token Terminal tracks these metrics for Abstract daily. Each page has a chart with the full history.

- [Bridge deposits](https://tokenterminal.com/explorer/projects/abstract/metrics/bridge-deposits)
- [Core developers](https://tokenterminal.com/explorer/projects/abstract/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/abstract/metrics/code-commits)

## Links

- [github](https://github.com/Abstract-Foundation)
- [twitter](https://x.com/AbstractChain)
- [discord](https://discord.com/invite/abstractchain/)
- [website](https://abs.xyz/)