Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (MATIC)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

What is Settlement Layer?

Crypto Terms Glossary: What is Settlement Layer?

The settlement layer on a blockchain network is the portion of the protocol used to settle financial transactions through smart contracts. Settlement via smart contract technology is designed to remove or reduce the role of third-party intermediaries, and thus facilitate a direct and trustless exchange between the user and the protocol itself. Automated clearing and settlement on a blockchain network typically take place via an automated market maker (AMM). With the increased popularity of crypto derivatives and futures markets, investing in blockchain-based derivatives is greatly aided by the ability to execute various types of financial transactions using a settlement layer.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Press Releases: Gate.io Celebrates 11th Anniversary with Prize Activities and Vision for the Future
Gate.io, a leading crypto exchange and Web3 innovator, has announced its 11th-anniversary celebrations, showcasing its milestones and launching prize-winning activities for its global user..
Market and Events: Binance launches small and mid-cap initiative
Cryptocurrency trading platform Binance aims to address the prevalence of tokens with low market capitalization compared to their fully diluted value (FDV). To address this issue, Binance is..
Press Releases: Happening Right Now - Marginly is Bootstrapping Liquidity
Marginly, the leverage-as-a-service protocol that enables one-click leverage on yield-bearing assets, kicked off its Liquidity Bootstrap Event on May 15. The protocol is rewarding..
Altcoins: The founder of Telegram commented on the launch of the Notcoin token
Pavel Durov, the creator of the Telegram messaging platform, shared his thoughts on the introduction of the Notcoin (NOT) cryptocurrency. He emphasized that the initiative has attracted more..