Conduit

What Conduit does

Conduit (legal entity Conduit XYZ, Inc.) is a San Francisco-based, remote-first blockchain infrastructure company that operates a full-stack rollup-as-a-service platform across the Ethereum ecosystem. Founded in 2023 by CEO Andrew Huang, the company deploys and operates production-grade L2 and L3 rollups for institutions, payments providers, and DeFi teams using the OP Stack, Arbitrum Orbit, and Agglayer CDK frameworks, with modular data availability (Ethereum, Celestia, EigenDA, Arbitrum AnyTrust, OP Plasma) and pluggable proving systems (OP Succinct, Boundless, OP Cannon). The platform also runs high-performance RPC infrastructure (Conduit Hypernode) across more than 100 networks and serves as the official node provider for 150+ chains. Conduit's proprietary technology stack includes the G1, G2, and G3 sequencers, with the G3 delivering up to 3 Ggas/s throughput (approximately 60x off-the-shelf sequencers), a Privacy Suite for confidential workloads, Flashblocks sub-block confirmations, an ERC-4337 bundler, a VRF oracle, and a managed indexing service. The company wraps these modules in a one-click Marketplace of 100+ integrations (Privy, Chainlink, LayerZero, Wormhole, Pyth, thirdweb, etc.) and a Conduit Enterprise Suite bundled with Professional Services and SOC 2 Type I certification.

Conduit's business model combines recurring chain subscriptions (Trial Testnet at $250/month, Growth at $60,000/year, Pro and Enterprise tiers custom-priced, all including a +5% sequencer profit share), usage-based RPC node pricing measured in Compute Units (Free Starter with 400M CUs/month, Pro at $50/month with 1B CUs, Enterprise custom), indexing subscriptions ($250–$500/month), and Professional Services revenue from forward-deployed engineering engagements. Distribution is hybrid: enterprise direct sales with multi-year SLAs and dedicated Slack channels for chains, plus self-serve sign-up for RPC nodes and Trial Testnet deployments at app.conduit.xyz. Named customers include Polygon Labs (co-built Katana, $540M+ TVL), Sky Mavis (Ronin migration to Ethereum L2), Stripe and Paradigm (Tempo stablecoin payments chain), Plume (RWA chain, 280K+ holders), Zora, Mode, Orderly, Aevo, Lyra, Ethena, Coinbase Wallet, Chainlink, OpenSea, LayerZero, Dune, and TRM Labs. Total disclosed funding is $44M, comprising a $7M Seed (March 2023, led by Paradigm alongside the Optimism Foundation partnership) and a $37M Series A (June 2024, led by Paradigm and Haun Ventures, with Coinbase Ventures and Bankless Ventures). Conduit reports powering 55% of all Ethereum mainnets with $4B TVL across deployed chains, 3B+ transactions processed, 99.99% historical uptime on RPC, and 99.98% on chains with zero-downtime upgrades via Conduit Elector.

Name

Conduit

Legal name

ConduitXYZ, Inc.

Website

https://conduit.xyz

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Conduit is a full-stack rollup-as-a-service and RPC infrastructure platform that deploys and operates production L2/L3 blockchains for institutions, payments, and DeFi teams, powering 55% of Ethereum mainnets across 60+ chains with $4B in TVL.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Deployment, Automation & DevOps (build pipelines, contract deployment tools) (FSAPABAH)

akta.pro secondary industries

RPC / Node API Infrastructure Providers (FSADAKAD), Smart Contract Developer Platforms & Tooling (SDKs, APIs, frameworks, indexing) (FSAPAAAH), Connector/Adapter Frameworks & Integration Runtimes (HDAEACAJ)

Keywords

• Rollup infrastructure
• Blockchain infrastructure platform
• RPC node services
• Enterprise blockchain solutions
• Crypto-native infrastructure

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Chain Subscriptions: Recurring annual subscription fees for managed testnet and mainnet chain deployments. Tiered into Growth ($60,000/year, bi-annual, 10% discount for annual), Pro (contact for pricing), and Enterprise (custom). All tiers include +5% sequencer profit share as a variable performance-linked revenue component.
2. RPC Node Subscriptions: Usage-based revenue from RPC infrastructure customers, sold in Compute Units (CUs). Free Starter tier (400M CUs/month), Pro tier ($50/month with 1B CUs), and custom Enterprise tiers. Autoscaling kicks in at $0.10/1M CUs over base limit on Pro, with enterprise pricing as low as $0.06/1M CUs.
3. Managed Chain Operations (Sequencer Profit Share): Variable revenue component tied to chain performance: Conduit captures 5% of sequencer profit on every chain deployed through Growth, Pro, and Enterprise chain tiers. Performance-aligned revenue model where Conduit's revenue scales with customer chain success.
4. Professional Services: Consulting and engineering revenue from advisory and system design, deployment and migration, custom integrations, and operational enablement engagements. Structured as defined engagements, ongoing advisory, or custom programs for complex multi-phase initiatives.
5. Indexing Services: Subscription revenue from chain indexing services. Testnet indexing at $250/month, Mainnet indexing at $500/month, Pro querying at $250/month (15M queries/month, autoscale at $5.00 per additional 1M queries), and custom Enterprise.
6. Testnet Trial Deployments: Entry-level subscription revenue at $250/month for Trial Testnet deployments deployable in 15 minutes — designed as a low-friction funnel into Growth/Pro/Enterprise chain plans.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels10 records

Core offering

Conduit operates a full-stack rollup-as-a-service platform that enables teams to deploy, launch, and operate production-grade L2 and L3 blockchains (rollups) on Ethereum. It supports OP Stack, Arbitrum Orbit, and Agglayer CDK frameworks with modular data availability layers and pluggable proving systems, plus proprietary high-performance sequencers (G1/G2/G3) and an autoscaling RPC node service. The platform also includes a curated Marketplace of one-click third-party integrations (bridges, oracles, wallets, account abstraction, security, indexers) and an Enterprise bundle with Privacy Suite, Professional Services, and SOC 2 Type I certified infrastructure for regulated and institutional workloads.

Product overview

Conduit (conduit.xyz) is a unified enterprise blockchain infrastructure platform rather than a single product — it combines a core Chain Platform for deploying and operating custom L2/L3 rollups (supporting OP Stack, Arbitrum Orbit, and Agglayer CDK rollup frameworks with modular data availability via Ethereum, Celestia, EigenDA, Arbitrum AnyTrust and OP Plasma) with several named modules including the G3 Sequencer for high-throughput execution (up to 3 Ggas/s), the Privacy Suite for confidential workloads via ZK proving, RPC Nodes for 100+ networks, an Indexing service, a one-click Marketplace for third-party integrations, an in-house Conduit Bundler for ERC-4337 account abstraction, an Account Abstraction offering, a VRF Oracle, Flashblocks sub-block confirmations, and Professional Services. The Enterprise Solutions bundle ties the G3 Sequencer, Privacy Suite, RPC infrastructure, and Professional Services into a single accountable offering (SOC 2 Type I certified) for institutions, payments, DeFi and other production workloads.

Differentiator

Problem solved

Functional benefit

Brands

• Conduit XYZ: Trading and corporate name used by the company on its website, blog, and in customer-facing materials.

Products and services

• Chain Platform Full-stack infrastructure for deploying and operating production blockchains (L2s or L3s). Supports OP Stack, Arbitrum Orbit and Agglayer CDK rollup frameworks, with modular data availability (Ethereum, Celestia, EigenDA, Arbitrum AnyTrust, OP Plasma) and pluggable proving systems (OP Succinct, Boundless, OP Cannon). Customizable block time, gas limit, gas token, fee parameters, finality and withdrawal period; includes one-click Conduit Marketplace integrations.
• G3 Sequencer Conduit's high-performance proprietary sequencer delivering up to 3 Ggas/s (3,000 Mgas/s) throughput, ~60x more than off-the-shelf sequencers and capable of up to 20,000 TPS. Designed for financial workloads (payments, trading, RWAs, prediction markets) with 10 ms execution latency. Available with Conduit Enterprise.
• Privacy Suite Confidential infrastructure for production blockchains, combining network permissioning, read-access controls via RPCs, and ZK proving infrastructure via Boundless and Succinct. Targets regulated workloads (financial infrastructure, payments, institutional blockchains, enterprise applications) that cannot use public data layers. Available with Conduit Enterprise.
• RPC Nodes Reliable, high-performance RPC infrastructure for 100+ blockchain networks. 99.99% historical uptime, autoscaling compute, granular access control (IP, domain, address), with tiered pricing (Free Starter, $50/month Pro, custom Enterprise). Includes EIP-7966 support and is used by Coinbase Wallet, Dune, Goldsky, LayerZero, OpenSea, and Tenderly.
• Enterprise Solutions Full-stack accountable production blockchain infrastructure operated by a single expert team, bundling G3 Sequencer, Privacy Suite, RPC Nodes, and Professional Services. Targeted at institutions, payments, DeFi, and regulated workloads; SOC 2 Type I certified with recurring penetration testing and structured incident response.
• Professional Services Embedded forward-deployed engineering covering advisory/system design, deployment and migration, custom integrations, and operational enablement. Structured as Defined Engagements, Ongoing Advisory, or Custom Programs for complex multi-phase initiatives.
• Conduit Marketplace Curated one-click integrations ecosystem offering 100+ best-in-class blockchain tools (bridging, oracles, indexing, account abstraction, security, governance, fiat on/off ramps, DEX, ZK, stablecoins, wallets) deployable on Conduit chains in one click.
• Conduit Indexing Managed indexing service for Conduit L2s with tiered pricing (Testnets $250/month, Mainnets $500/month, Pro $250/month, Enterprise custom); offers 15M queries/month, autoscale at $5 per additional 1M queries, 10 req/sec/IP.
• VRF Oracle Reliable onchain randomness oracle (Verifiable Random Function) for rollups, available on the Conduit platform, used by applications requiring provable randomness such as gaming and NFT minting.

Quantifiable outcome

• 60x more throughput than off-the-shelf sequencers (G3 vs. G2)
• +12 more outcomes

Named customers43 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration104 records

Feature8 records

Partnerships

14 partnerships are on record, tiered flagship and core.

• Ronin (Sky Mavis)flagshipTechnology or Integration · 12 May 2026Migration partnership: Ronin migrated from an independent Ethereum sidechain to a full Ethereum Layer 2 on May 12, 2026, joining the OP Stack ecosystem with partnerships spanning Optimism, Conduit, Boundless, and EigenDA. Conduit operates Ronin's chain infrastructure, with the migration delivering an 89% reduction in annual RON token emissions and a 2.5x increase in marketplace treasury fees.
• TempoflagshipStrategic or Co-development Partner · 9 December 2025Strategic partnership powering the Tempo stablecoin payments chain (incubated by Stripe and Paradigm). Conduit provides the underlying chain infrastructure for Tempo, targeting payments as a primary use case. Part of Conduit's expansion into payments-focused deployments alongside Tempo Zones and dedicated settlement environments.
• Polygon LabsflagshipStrategic or Co-development Partner · 16 September 2025Strategic co-development partner for the Katana L2 chain (with GSR). Conduit served as primary implementation partner for Katana, building both the chain and the underlying Agglayer CDK OP Stack framework (productized for future rollups). Embedded forward-deployed engineers worked side-by-side with Polygon Labs engineers; eight months from concept to mainnet launch. Katana hit $540M+ TVL and 46.7M+ transactions within two months of launch.
• SuccinctcoreTechnology or Integration · 16 September 2025Technology integration partner for ZK proving via OP-Succinct. Conduit was the first infrastructure team to put OP-Succinct into production on mainnet rollups (Phala). Co-developed zero-downtime upgrade process and dynamic proving range system for Katana/Agglayer OP Stack CDK. OP-Succinct is one of three proving system options available on the Conduit Platform.
• PlumeflagshipStrategic or Co-development Partner · 5 June 2025Strategic infrastructure partner for the Plume RWA chain. Conduit serves as the single-operator infrastructure layer and embedded protocol engineering team. Deployed an Arbitrum Orbit-based stack with Celestia for data availability; Conduit G2 sequencer powering 128 MGas/s; Conduit RPC, Account Abstraction, and 280K+ RWA holders onboarded (~45% of all crypto RWA investors). Plume processed ~6M transactions in a 24-hour stretch at peak load with ~17ms median block latency.
• PrivyflagshipStrategic or Co-development Partner · 23 May 2025Deep partnership with Privy for embedded wallet infrastructure on Conduit chains. Privy was Conduit's first one-click Marketplace integration. Over 50 Conduit rollups use Privy, with 5M+ Privy wallets deployed and 34M+ wallet transactions on Conduit chains. Joint go-to-market with Conduit customers including Blackbird (Flynet), Proof of Play (Pirate Nation), and Zora.
• Optimism FoundationflagshipStrategic or Co-development Partner · 28 March 2023Strategic collaboration to facilitate the broader adoption of Optimism's OP Stack and Superchain vision. Conduit deploys and supports OP Stack chains natively, with Conduit Stack (introduced June 2026) being the productized offering of this expertise. Conduit is represented on the Optimism Security Council per the security page. This partnership underpins the majority of Conduit's chain deployments (Mode, Zora, Orderly, Aevo, Lyra, etc.).
• BoundlesscoreTechnology or IntegrationTechnology integration partner providing ZK proving infrastructure for Conduit's Privacy Suite and broader chain deployments. Boundless is one of the proving system options on the Conduit Platform and integrates with Privacy Suite for zero-knowledge proof verification while keeping underlying data private.
• EthenacoreTechnology or IntegrationTechnology partnership: Ethena expanded USDe stablecoin to Conduit (platform supporting 60+ Ethereum networks). Featured integration on Conduit Marketplace — 'Ethena Whitelabel' enables chains to launch their own stablecoin powered by Ethena infrastructure and liquidity.
• GSRcoreStrategic or Co-development PartnerCo-incubator of the Katana L2 chain alongside Polygon Labs. GSR contributed to Katana's liquidity generating and incentive alignment mechanisms, with Conduit as the implementation partner coordinating all parties.
• ChainlinkcoreTechnology or IntegrationChainlink is featured as a customer of Conduit RPC nodes and a key integration partner on the Conduit Marketplace (oracles category). Used by Conduit chains for price feed and VRF oracle needs.
• LayerZerocoreTechnology or IntegrationLayerZero is featured as a customer of Conduit RPC nodes and an integration partner on the Conduit Marketplace for cross-chain messaging interoperability. Used by Plume and many other Conduit chains for cross-chain connectivity.
• Forta (Firewall)coreTechnology or IntegrationForta Firewall is integrated into Plume's compliance stack to screen transactions against watchlists and fraud signals before they reach the Conduit G2 sequencer; featured on the Conduit Marketplace under the Security category.
• Agglayer (Polygon)coreTechnology or IntegrationAgglayer is one of three rollup frameworks natively supported by Conduit (OP Stack, Arbitrum Orbit, Agglayer CDK). The Katana chain was built on the new Agglayer CDK OP Stack framework as the proof-of-concept, and three chains have launched on this framework since.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Caldera: Direct competitor in the rollup-as-a-service market, offering one-click deployment of custom L2/L3 rollups across OP Stack, Arbitrum Orbit, and Polygon CDK frameworks with a marketplace of integrations. Closest comparable in target customer, product surface, and go-to-market motion.
• AltLayer: Direct peer offering rollup-as-a-service with its restaked rollup architecture. Competes head-to-head with Conduit in OP Stack and Arbitrum Orbit deployments, with similar target market of teams launching app-specific chains.
• Gelato Network: Web3 infrastructure platform offering rollup-as-a-service, smart contract automation, and RPC/node infrastructure. Overlapping with Conduit's chain deployment and node service offerings, with similar enterprise and developer target segments.

Broad incumbents

• Alchemy: Established blockchain infrastructure incumbent offering RPC node services, indexing, and developer tooling across many chains. Competes with Conduit on the RPC Nodes product and broader developer platform surface, but does not focus on custom chain deployment.
• Infura (Consensys): Long-standing blockchain infrastructure provider offering RPC endpoints, IPFS, and Ethereum development tools. Competes with Conduit's RPC Nodes product across the same enterprise and developer customer base.
• QuickNode: Multi-chain RPC and infrastructure provider offering node services, APIs, and developer tooling across 30+ networks. Comparable to Conduit's RPC Nodes product line and overlapping on enterprise/developer segments.
• Ankr: Decentralized infrastructure provider offering RPC endpoints, staking, and AppChain-as-a-Service. Direct overlap with Conduit's RPC Nodes and adjacent to the rollup deployment offering, serving a similar developer and enterprise audience.
• Chainstack: Managed blockchain infrastructure provider offering dedicated nodes, RPC endpoints, and elastic APIs across major protocols. Overlaps with Conduit's RPC Nodes service for enterprise customers and developers.

Emerging players

• Stackr Labs: Early-stage rollup infrastructure provider focused on app-specific rollups. Competes in the same RaaS category as Conduit but with a narrower feature set and earlier stage of platform maturity.
• Eclipse: SVM-based rollup infrastructure provider offering customizable L2 architecture. Adjacent to Conduit's rollup deployment offering with a different execution layer (Solana VM vs. OP Stack/Arbitrum) but a comparable developer-and-enterprise go-to-market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/conduitxyz
• LinkedInlinkedin.com/company/conduitxyz

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Conduit