Taiko at a glance.
Taiko opened its mainnet, later named Taiko Alethia, in May 2024 as a based ZK rollup that executes transactions off Ethereum and verifies them on Ethereum with zero-knowledge proofs. Here is how it works and what it is used for, not the price.
$3.9M
Value locked in DeFi protocols on Taiko. Updated Jun 8, 2026. Source: DefiLlama.
TAIKO
Used for fees and securing the network. See the live TAIKO price.
How Taiko works.
Taiko executes transactions on its Layer 2 and submits zero-knowledge validity proofs to a verifier contract on Ethereum. Because it is a based rollup, transaction ordering is driven by Ethereum Layer 1 block proposers rather than a separate sequencer operated by the project. State updates are accepted only once a proof is verified, so the chain cannot advance with invalid transactions and there is no multi-day fraud proof challenge window.
Taiko executes transactions on its Layer 2 and submits zero-knowledge validity proofs to a verifier contract on Ethereum. Because it is a based rollup, transaction ordering is driven by Ethereum Layer 1 block proposers rather than a separate sequencer operated by the project. State updates are accepted only once a proof is verified, so the chain cannot advance with invalid transactions and there is no multi-day fraud proof challenge window.
Type 1 equivalence
Taiko targets Type 1, or Ethereum-equivalent, execution, which means it aims to run the same logic as Ethereum so existing contracts and tooling work without changes.
Based sequencing
Instead of a dedicated project-run sequencer, Taiko relies on Ethereum block proposers to order Layer 2 transactions, tying its sequencing to Ethereum itself.
ZK validity proofs
Each batch of transactions is accompanied by a zero-knowledge proof checked on Ethereum, so the Layer 2 state is verified cryptographically rather than by waiting for challengers.
ETH for gas
Users pay transaction fees in ETH. The TAIKO token is used for governance and protocol roles rather than as the gas currency.
What Taiko is used for.
The network hosts EVM-compatible applications that settle to Ethereum.
DeFi applications
Trading, lending, and other decentralized finance contracts deploy to Taiko using the same EVM tooling as Ethereum.
Lower-cost transactions
Moving activity off Ethereum mainnet lets users transact at lower fees while proofs preserve settlement on Ethereum.
Contract deployment
Developers can deploy existing Ethereum contracts with little or no modification because Taiko targets Ethereum equivalence.
Hold, swap and spend TAIKO.
Taiko is integrated in Zypto App. Hold TAIKO in self-custody, swap it to any supported asset, and use it across Zypto’s features.
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