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N1 Chain (previously Layer N) is a high-performance Layer 1 blockchain purpose-built for on-chain finance and trading. It features native orderbooks, RFQ markets, atomic transaction bundling, portfolio margining, and sub-millisecond latency designed to support institutional-grade perpetual futures, equity perps, and other financial applications with CEX-like performance.
On 13 September 2023, N1 Blockchain (then Layer N) closed a $5M Seed Round co-led by Founders Fund and dao5, with participation from Kraken Ventures, Mirana Ventures, Amber Group, and others.