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  2. Mode Network - Logo
    Mode Network
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Mode Network - Logo

Mode Network

Blockchains (L2)

Price

N/A

Chains

Ethereum - Logo

1 chain

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What is Mode Network?

Mode Network is an L2 smart contract platform for decentralized applications on Ethereum. Mode Network was founded by James Ross and launched in 2024.

How does Mode Network work?

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

Who governs Mode Network?

Mode Network team & investors own and govern the protocol. Mode Network has received a $6 million grant from the Optimism Foundation.
ExpenseL1 validators' share of fees$80L1 validatorsRevenueMode Network's share of fees$100Connects L1 validators and usersFeesTransaction fees$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

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