Celo

Built on the Ethereum Layer 2 protocol, Celo is a leading blockchain ecosystem designed to power fast, low-cost payments, native stablecoins, and DeFi applications worldwide. As a frontier chain for global impact, Celo is scaling real-world solutions for all, with a focus on driving financial inclusion and adoption.

Celo's core components include the OP-Stack L2, EigenDA v2, and zkEVM via Succinct SP1, which enable high scalability, interoperability, and secure transactions. The platform also features a modular, open-source blueprint for highly scalable and interoperable blockchains, as well as a horizontally scalable, modular by design, data availability solution capable of 100mb/s, and lower latency. Additionally, Celo's real-world focus has helped scale applications to over 250,000 daily active users, with one-block finality and sub-cent fees.

Celo's AI-focused tools and frameworks enable the deployment of intelligent applications for the onchain economy, leveraging fast finality, sub-cent transaction costs, and a stablecoin-optimized financial stack. The platform also supports native support for AI agent standards like ERC-8004 and Celo's Agent Skills, providing a production-ready environment for deploying AI agents that do more than trade tokens – they move money, coordinate economic activity, and interact with real users at global scale.

Celo has gained significant traction, with impressive user and transaction growth numbers, according to Haseeb Qureshi, Managing Partner at Dragonfly. Vitalik Buterin, Ethereum co-founder, praises Celo's innovative approach, stating that it "showed the playbook" for alt-L1s to become L2s, halving inflation, cutting block times to 1s, removing legacy code, and integrating into Ethereum's ecosystem.

Celo is now a Layer 2. Secured by Ethereum. Built different.