What Everscale does

Everscale is a decentralized, fifth-generation blockchain network founded in 2020 and operated by the Everscale Foundation. The platform is built on the TON (Telegram Open Network) architecture and centers on the TVM (TON Virtual Machine), a multi-threaded execution environment that processes transactions in parallel across workchains, achieving a measured block time of 1.58 seconds and an average transaction fee of approximately $0.000228. The protocol has cumulatively processed roughly 59.9 million blocks, 373.9 million transactions, and hosts more than 902,000 accounts. Everscale serves three primary user groups: blockchain developers building decentralized applications (DeFi, NFTs, gaming, bridges) who use the T-Sol Solidity compiler for EVM-compatible smart contract development; end users interacting through wallets (EVER Wallet, SparX), DEXs (FlatQube, Gravix), bridges (Octus Bridge, ChainConnect), and gaming platforms (Everplay); and enterprise/institutional partners such as HUMO (Uzbekistan payment system) seeking blockchain payment infrastructure.

The core product offering is the Everscale Network itself, supplemented by the EVER native utility token, the TVM execution engine, the T-Sol TypeScript/Solidity developer toolkit, the TIP-3 distributed token standard, the REMP external messaging protocol, and a paid-storage economic model that disincentivizes unbounded state growth. Ecosystem modules developed primarily by Broxus include Octus Bridge (cross-chain transfers to Ethereum, BNB, Polygon, Solana, Avalanche, Fantom), ChainConnect (TVM-EVM interoperability, launched March 2025), FlatQube AMM DEX, Gravix perpetual exchange, GrandBazar and TokStock NFT marketplaces, Chums Web3 chat, EverDAO governance, developer tooling (Everdev CLI, Locklift), and explorers (EverScan, Ever Live). Revenue mechanics are diffuse and protocol-native: transaction fees accrue to validators, staking rewards circulate to delegators, and .ever Web3 domain renewals (45-90 WEVER annually) represent a foundation-level recurring revenue stream. Go-to-market is community-led, product-led (self-serve wallets, bridges, DEXs), and event-driven via the annual Everpoint conference.

Name

Everscale

Website

https://everscale.network

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

101–250 employees

Short description

Everscale is a decentralized, fifth-generation blockchain platform built on TON architecture, offering high-throughput smart contract execution via the multi-threaded TVM. It serves developers, end users, and enterprise partners through wallets, DEXs, bridges, and Web3 applications.

Ownership category

akta.pro rank

Product category

Layer-1 Blockchain Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Smart Contract Developer Platforms & Tooling (SDKs, APIs, frameworks, indexing) (FSAPAAAH)

akta.pro secondary industries

Node Operations, RPC & Infrastructure Services (nodes, validators, RPC, relayers) (FSAPAAAF), Interoperability & Cross-Chain Messaging (bridges, IBC, messaging, routing) (FSAPAAAE), Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD)

Keywords

• Layer-1 blockchain
• Smart contract platform
• Cross-chain bridge
• Decentralized exchange
• Web3 infrastructure

Headquarters

HQ city

Geneva

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Transaction Fees: Network generates revenue from transaction fees charged to users for executing smart contracts and transferring tokens. Average fee approximately $0.000228 per transaction, creating a usage-based revenue stream from all network activity.
2. Validator Staking Revenue: Validators and delegators earn staking rewards and transaction fee portions for securing the network, creating a passive income stream for ecosystem participants.
3. Web3 Domain Registration: Revenue generated from .ever domain name registrations with annual renewal fees ranging from 45 WEVERs (longer domains) to 90 WEVERs (shorter domains), providing a recurring revenue stream.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

Everscale operates a fifth-generation Layer-1 blockchain network built on the TON (Telegram Open Network) architecture, featuring a multi-threaded virtual machine (TVM) that processes transactions in parallel across workchains. The platform provides smart contract execution, decentralized finance applications, cross-chain bridging, NFT marketplaces, Web3 gaming, and a developer toolkit with native Solidity support. The native EVER token powers transaction fees, staking, and governance across the ecosystem.

Product overview

Everscale is a fifth-generation blockchain platform designed for infinite scalability through its flexible multi-threaded architecture. The platform operates as a platform-plus-modules ecosystem: at its core are the Everscale Network blockchain, the TVM (Ton Virtual Machine) execution engine, the T-Sol TypeScript smart contract development toolkit, and the native EVER token. The ecosystem extends across cross-chain infrastructure (Octus Bridge and ChainConnect for bridging to Ethereum, BNB, Polygon, Solana, Avalanche, Fantom, and other TVM networks), decentralized finance applications (FlatQube AMM and Gravix perpetual exchange), NFT marketplaces (GrandBazar and TokStock), developer tools (Everdev CLI and Locklift), wallets (EVER Wallet and Broxus Wallets), blockchain explorers (Everscan and Ever Live), governance (EverDAO and Governance Board), and Web3 social/gaming applications (Chums and Everplay).

Differentiator

Problem solved

Functional benefit

Brands

• Everplay: Web3 gaming platform on the Everscale network
• FlatQube
• GrandBazar
• ChainConnect
• EverScan
• SparX
• EVER Wallet
• Octus Bridge
• DePool
• Evername
• Ever DAO

Products and services

• Everscale Network Fifth-generation Layer-1 blockchain platform with a multi-threaded virtual machine architecture enabling parallel processing of transactions across multiple workchains for high throughput and horizontal scalability.
• Octus Bridge Cross-chain bridge infrastructure enabling token and asset transfers between Everscale and external blockchain networks including Ethereum, BNB, Polygon, Solana, Avalanche, and Fantom.
• ChainConnect Cross-chain solution developed by Broxus, built on Octus Bridge, supporting transfers between TVM networks (Everscale, TON, Hamster Network, Venom) and EVM networks (Ethereum, BNB, Avalanche), with gas fee splitting and liquidity requests.
• FlatQube Automated market maker (AMM) decentralized exchange and limit trading protocol on the Everscale blockchain, offering token swaps, orderbook, farming, and DAO functionality.
• Gravix Decentralized perpetual exchange on the Everscale blockchain for trading derivatives on crypto, stocks, and Forex with leverage.
• GrandBazar NFT marketplace on the Everscale blockchain for creating, buying, selling, and minting non-fungible tokens and digital items.
• TokStock NFT marketplace on the Everscale blockchain for trading non-fungible tokens.
• Everplay Web3 platform layer integrated over popular mobile games for organizing fast tournaments with crypto rewards, bringing blockchain-based features and NFT assets to gaming applications.
• Chums Web3 Matrix-based chat application with end-to-end encryption built on the Everscale blockchain, featuring .ever domain services and commitments functionality.
• SparX Wallet Universal non-custodial wallet application for TVM networks and applications, enabling users to store, send, and receive tokens, stake, and interact with DApps.
• EVER Wallet Everscale-native browser extension wallet for managing EVER tokens and interacting with decentralized applications on the Everscale blockchain.
• Everscan Blockchain explorer for Everscale enabling users to search and view transactions, blocks, addresses, and smart contract interactions on the network.
• Ever Live Real-time blockchain monitoring and analytics dashboard for the Everscale network, with explorer functionality to check on-chain data and transaction status.
• Evername (.ever Domains) Domain name service on the Everscale blockchain enabling users to register and manage human-readable .ever domain names with annual renewal fees denominated in WEVER tokens.

Quantifiable outcome

• Sub-2 second block times for fast transaction finality
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature7 records

Partnerships

Three partnerships are on record, tiered core and minor.

• BroxuscoreStrategic or Co-development PartnerBroxus is the primary contributor and ecosystem builder for Everscale, having developed Octus Bridge (cross-chain bridge infrastructure), FlatQube DEX, and multiple core ecosystem components. Broxus leads much of the Everscale ecosystem development and tooling.
• HUMOcoreStrategic or Co-development PartnerHUMO is a Uzbekistan-based payment system that partnered with Broxus to bring blockchain payment solutions to the Uzbek market, enabling payment integrations and expanding Everscale's real-world utility in the region.
• AsteriumminorOthersAsterium is a cryptocurrency trading platform operating in Uzbekistan, mentioned at Everpoint 2025 as part of the Everscale ecosystem expansion in the Central Asian region.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• The Open Network (TON): TON is the original Telegram Open Network that Everscale's architecture is built on. Both use the TVM execution environment, compete for the same developer pool, and target mass-market consumer apps with high throughput and low fees.
• Venom Blockchain: Venom is a TVM-based L1 that received the $5M investment from Venom Ventures Fund also deployed into the Everscale ecosystem. Both target enterprise and emerging-market payment use cases via the same TVM architecture, with bridges (ChainConnect) directly connecting the two networks.
• Solana: Solana is a high-throughput L1 targeting similar use cases — payments, DeFi, gaming, consumer apps — with sub-second finality and very low fees. It is the most direct commercial competitor to Everscale's throughput-and-low-cost positioning.
• Avalanche: Avalanche is a multi-chain L1 with subnets providing horizontal scalability and EVM compatibility — a comparable architectural philosophy to Everscale's workchains. Both target enterprise tokenization, DeFi, and custom blockchain deployments.
• Polygon: Polygon provides EVM-compatible scaling with low fees and is integrated via Everscale's Octus Bridge. Both target cost-sensitive DApp developers seeking alternatives to Ethereum L1.
• BNB Chain: BNB Chain is a low-fee, high-throughput EVM-compatible L1 connected to Everscale via Octus Bridge. Both compete for the same retail DeFi and gaming developer mindshare.
• Fantom: Fantom is an EVM-compatible L1 with aBFT consensus offering low fees and fast finality. It is integrated via Everscale's Octus Bridge and competes in the same low-cost L1 category.

Emerging players

• Aptos: Aptos is a Move-based L1 emphasizing high throughput and parallel execution. It targets similar consumer and DeFi workloads as Everscale but with different technical foundations and greater capital backing.
• Sui: Sui is a Move-based L1 with parallel transaction execution and very low fees. Like Everscale, it is positioning for high-throughput consumer apps, gaming, and payments, and has raised significantly more capital.
• NEAR Protocol: NEAR is a sharded L1 offering low fees and EVM compatibility via Aurora. It competes with Everscale for emerging-market payment use cases and consumer-grade DApp hosting, with similar developer accessibility goals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Everscale_net
• LinkedInlinkedin.com/company/everscale-net

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors1 record

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 Everscale