Glossary
layer-1
The base blockchain network itself, which handles core functions like transaction processing and finality, as opposed to layer-2 solutions built on top of it.
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- DefiLlama's Algorand page reads $27.4M TVL as one RWA app holds $100M DefiLlama headlines Algorand's core DeFi TVL at $27.4M, yet its own page lists a $100M tokenized real-estate app, a $42.9M lending protocol and $22.5M in liquid staking — a definitional gap, not a bug.
- Algorand Foundation absorbs builder Algorand Technologies, pledges $15M for protocol work The company that built Algorand has been folded into its Foundation: IP, protocol development and staff moved in March, and algorandtechnologies.com now serves the unified homepage built around the 2027 post-quantum roadmap.
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