Movement Labs is a ZK software development kit for Ethereum rollups that utilizes the Move programming language to allow developers to build more secure smart contracts. Its first product is M2, an Ethereum ZK-powered L2 network with parallel transaction processing technology and the potential to reach an impressive 160K TPS capacity.
Since its inception in 2021, the Movement Labs crypto startup has managed to raise an impressive $41.4M from leading investors, including Polychain Capital, Binance Labs, Sandeep Nailwal, OKX Ventures, and others.
UPD: The project is dead. On July 22, 2026, the project reportedly filed for bankruptcy, with the project's CEO as the main creditor.
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Movement Labs is a ZK-powered SDK designed to assist Ethereum rollup developers in creating secure smart contracts with the Move programming language and its execution layer, MoveVM. The first product built with the Movement SDK is an Ethereum L2 with parallel transaction execution and dual VM compatibility, called M2.
Currently, it is in the testnet phase, which may potentially be rewarded with a Movement Labs airdrop after its conclusion. Hence, the CoinLaunch team decided to conduct a comprehensive guide on how to join the Movement testnet.
<a href="https://coinlaunch.space/projects/movement-labs/" title="Movement Labs (MOVE)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/movement-labs.png" width="224" alt="Movement Labs (MOVE)"></a>