Etherlink is an EVM-compatible Layer 2 blockchain on Tezos powered by its Smart Rollup technology, enabling fast and nearly free transactions with sub-500ms confirmation times. As an enshrined optimistic rollup integrated directly into Tezos Layer 1, Etherlink supports seamless deployment of Ethereum smart contracts while providing ultra-low transaction fees under $0.01. The network enables DeFi protocols, gaming applications, and cross-chain asset transfers.

By leveraging Tezos' built-in rollup validation and eliminating administrative keys, Etherlink provides enhanced security and true decentralization compared to smart contract-based rollups. Etherlink benefits developers seeking familiar Ethereum tooling with improved performance, users requiring cost-effective transactions, and projects migrating from Ethereum L1 seeking better economics without sacrificing security or decentralization.