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    Boba Network

    Boba Network

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    Boba Network

    Boba Network ($BOBA) is a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts. It offers fast exits backed by community-driven liquidity pools, shrinking the Optimistic Rollup exit period from seven days to only a few minutes, while giving LPs incentivized yield farming opportunities.

    Quick Facts

    • Boba Network is an Layer 2 Optimistic Rollup scaling solution for Ethereum
    • Boba is not a side chain. Side chains are their own blockchain systems with entirely separate consensus mechanisms. Boba Network lives inside of Ethereum as a series of smart contracts that are capable of executing Ethereum transactions. Whereas side chains rely on their own consensus mechanisms for security, Boba, as a child chain, instead relies on the security of Ethereum itself
    • Boba Network has a max recorded of 43 Transactions Per Second (TPS)
    • Boba transaction fees are, for the most part, significantly lower than on the Ethereum mainnet. The cost of every transaction is the sum of two values:
      • L2 (execution) fee, charged as tx.gasPrice * l2GasUsed (up to tx.gasLimit). The L2 gas price will vary depending on network congestion
      • L1 (security) fee, charged as l1GasPrice * l1GasUsed. This is the cost of storing the transaction's data on L1
    • Boba Network’s Developer Docs 🗂

    Technical Specifications

    (as of 4/25/22)

    Performance Data

    Untitled

    Metric
    Value
    Active Transactions Per Second (TPS)

    0.05 TPS

    Max Theoretical TPS

    Submit data

    Average Cost Per Transaction (CPT)

    Submit data

    Block Height

    526,442

    Environmental Impact

    Submit data

    Bridges

    ∙ Boba Gateway

    Github Activity

    Untitled

    Metric
    Value
    Repository Name

    boba

    Stars

    14

    Watchers

    3

    Forks

    12

    Contributors

    57

    Merged Pull Requests

    119

    Closed vs Total Issues

    8 out of 17

    Financial Ecosystem

    (as of 4/25/22)

    Metric
    Value
    BOBA Price

    $1.08

    Market Cap

    $171,072,646

    Ecosystem Ranking by Market Cap

    #262

    Token Trading Volume – 24hr

    $5,678,776

    Total Value Locked (TVL)

    $53.2M

    Liquidity

    $236.38K

    Number of Active Wallets

    Submit data

    Number of Unique Addresses

    22,795

    Circulating Supply

    158,960,846.86 BOBA

    Total Supply

    500,000,000 BOBA

    Node Count

    Submit data

    Inflation Rate

    Submit data

    Key Projects

    Boba projects

    OolongSwapOolongSwap
    OolongSwap

    DApp

    BoringDAOBoringDAO
    📓
    BoringDAO

    Bridge

    MultichainMultichain
    Multichain

    Bridge

    SynapseSynapse
    Synapse

    Bridge

    Learning Resources

    Untitled

    OMG Network Project | OMG Token Sentiment AnalysisOMG Network Project | OMG Token Sentiment Analysis
    📓
    OMG Network Project | OMG Token Sentiment Analysis
    The Ultimate Guide to Boba NetworkThe Ultimate Guide to Boba Network
    📓
    The Ultimate Guide to Boba Network
    Introducing BOBA Network — DeGate DEX YouTubeIntroducing BOBA Network — DeGate DEX YouTube
    📓
    Introducing BOBA Network — DeGate DEX YouTube

    Social Media

    icon
    Twitter ~357.5K followers
    icon
    Discord ~7.5K members
    icon
    Telegram ~9.4K members
    icon
    GitHub ~29.3K members

    Company Info

    • Legal Name: Boba from Enya Inc, part of the OMG Foundation
    • Founded: Enya Inc. established in 2018, launched Boba in 2021
    • HQ: Bangkok Krung Thep Thailand
    • Current employee count: 11-50 people

    Key People

    • Alan Chiu — CEO, Co-Founder
    • Jan Liphardt — CTO, Co-Founder
    • Violet Abtahi — COO, CMO
    • Steven Howell — Head of Ecosystem Growth
    • Feras Al Sadek — Head of MENA Region

    Funding Ecosystem

    • Fund: Boba promises to create an ecosystem fund to incentivize early-stage projects with exciting ideas
    • Studio: Submit data

    Investors

    Crypto.com, Infinite Capital, Hack VC, GBV Capital, Huobi Global, Hypersphere Ventures, Kinetic Capital Partners, LD Capital, Alpha Nonce, ROK Capital, iOST, M13, Tony Robbins, Joe Montana, KSHMR, BitMart, DeFi Technologies, Old Fashion Research, Redline DAO, Prycto, Ghaf Captial Partners, Portal Ventures, Sneaky Ventures, HG Ventures, Lotus Capital, Alliance DAO, Sanctor Capital, Shima Capital, Kosmos Ventures, TheVentureCity, Mission Street Ventures, Highstreet, 10X Capital, Cibersons, SaxeCap, Genblock Capital, Rarestone Capital, Coin98, Quantstamp, Efficient Frontier, Krypital Group, D1 Ventures, Palm Drive Capital, Portico Ventures, AU21 Capital, First Rays Venture Partners, AiiM Partners, Ankr, Fractional.art, Origin Protocol Labs, The Graph Foundation

    On this page

    • Boba Network
    • Quick Facts
    • Technical Specifications
    • Financial Ecosystem
    • Key Projects
    • Learning Resources
    • Social Media
    • Company Info
    • Key People
    • Funding Ecosystem
    • Investors