Data & Research Fact-checked 2026-08-14

L2Beat

Established 2021

The watchdog of Ethereum scaling — TVL, stages and risk ratings for every Layer 2.

L2Beat tracks every Ethereum Layer 2's TVL, activity and — most importantly — its 'stage' of decentralisation, from training-wheels rollups to fully mature. Its risk framework has become the industry standard for answering 'is this L2 actually decentralised, or just a multisig in disguise?'

Quick facts

Founded

2021

Pros

The definitive L2 risk-assessment framework
Open source with transparent methodology
Exposes centralisation marketing spin

Cons

Ethereum L2 focus only
Data-dense for casual users
Some projects dispute its stage ratings

Best for

Checking how decentralised an L2 really is

Fees

Free.

Security notes

Before bridging to any L2, check its stage and risk pages. Funds on immature L2s sit behind upgrade keys — know that.

layer-2rollupsrisk-data

Frequently asked questions

What is L2Beat?

L2Beat is The watchdog of Ethereum scaling — TVL, stages and risk ratings for every Layer 2. L2Beat tracks every Ethereum Layer 2's TVL, activity and — most importantly — its 'stage' of decentralisation, from training-wheels rollups to fully mature. Its risk framework has become the industry standard for answering 'is this L2 actually decentralised, or just a multisig in disguise?'

Is L2Beat safe to use?

Before bridging to any L2, check its stage and risk pages. Funds on immature L2s sit behind upgrade keys — know that. As always, verify details on the official site before trusting funds to any service.

How much does L2Beat cost?

Free. Figures change — confirm current pricing on the official site before deciding.

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