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BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%

Dymension

Dymension company profile covering its overview, milestones, verified team, and key features.

Blockchain Network

dymension.xyz

About

Dymension is a decentralized chain launchpad built by Yishay Harel and Barry Kuts as an L1 network, enabling creators to turn their ideas into real blockchains through a clear and structured process. Dymension focuses on simplifying the journey from token creation to full blockchain ecosystems with integrated tools. It combines L1, L2, Dex, and RaaS tooling into a single full-stack protocol for building crypto applications. Key Features of Dymension: • RollApps are modular app-specific blockchains designed for high speed, low cost, and easy customisation. • Supports EVM and CosmWasm, allowing developers to perform smart contracts without friction across different ecosystems. • Dymint consensus is used in conjunction with elastic block manufacturing, which creates blocks on demand to save costs. • It employs a token-to-chain evolution mechanism, allowing tokens to develop into fully fledged blockchain ecosystems. Dymension Milestones: Year Achievements 2022 Dymension was founded on the notion of creating a network of modular blockchains known as RollApps. 2023 The project received seed funding from Big Brain Holdings and Stratos, with additional assistance from Matchbox DAO. Testnet publish: The Froopyland-incentivized testnet went online, allowing developers to create and publish modular RollApps. 2024 Mainnet Genesis: The Dymension Hub has been formally opened, accompanied by a large-scale "Rolldrop" for community members and cross-chain users. Inter-Blockchain Communication: RollApps now supports IBC, allowing them to connect to the larger Cosmos network. 2025 Permissionless RollApp Deployment: The network was upgraded to a fully permissionless configuration, making it easy for anyone to design and scale modular application layers.

Funding

  • Seed RoundBig Brain Holdings67,00,00014 Feb 2023

FAQs

  • Dymension is a decentralized L1 chain launchpad that enables creators to launch tokens and transform them into full blockchain ecosystems called RollApps.