Where does Matrix rank among its competitors?

Matrix ranks 36th amongst 34 active competitors, of which 18 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Movement Network, which secured $100M in Jan, 2025.

Who are the top competitors of Matrix?

Matrix's top competitors include Optimism, Offchain Labs and Metis. Among them, Movement Network secured the most recent funding round in January, 2025.

Matrix - 2026 Company Profile & Competitors

Company Details

Developer of scalable rollup architecture for high throughput on-chain applications. This framework provides an execution environment optimized for calldata-driven workloads and real-time processing. The technology utilizes a modular design to compress execution data and leverage an existing settlement layer for transaction security. Infrastructure components include a specialized virtual machine, a sequencer network, and a cross-chain messaging layer. This architecture supports the deployment of systems such as high-frequency trading platforms, decentralized gaming, and data-intensive services by providing predictable fees and fast block confirmation times. It employs a dual-track proving system combining optimistic bonding with validity proofs to ensure state correctness and decentralized validation. Developers interact with the framework through an application programming interface to manage transaction routing and contract execution.

Key Metrics

Stage

Unfunded

Ranked

36^th among 37 competitors

Similar Companies

Zeeve & 14 more

View Matrix's full profile

Matrix has not raised any funding rounds yet.

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Top competitors of Matrix include Optimism, Offchain Labs and Metis. Here is the list of Top 10 competitors of Matrix, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Optimism 2019, New York City (United States), Series B	Developer of blockchain software used for scaling decentralized network applications	$175M	Andreessen Horowitz, Paradigm & 17 others	69/100
2nd	Offchain Labs 2018, Princeton (United States), Series B	Developer of solutions for Ethereum smart contracts	$124M	ventures.coinbase.com, Lightspeed Venture Partners ... & 17 others	66/100
3rd	Metis 2018, Singapore (Singapore), Seed	Provider of layer two scaling infrastructure for decentralized blockchain networks	$4M	PARSIQ, MV Global & 34 others	64/100
4th	Zeeve 2018, Dubai (United Arab Emirates), Seed	Provider of blockchain deployment and management platform for Web3 infrastructure	$3.75M	Leo Capital, Blu Venture Investors & 2 others	59/100
5th	Arbitrum 2018, Princeton (United States), Seed	Blockchain-enabled application development platform for the fintech industry	-	Delphi Ventures, Compound & 8 others	59/100
6th	Caldera 2022, San Francisco (United States), Series A	Developer of interconnected purpose built blockchains that settle on Ethereum	$25M	Founders Fund, DRAGONFLY & 9 others	58/100
7th	AltLayer 2021, Singapore (Singapore), Series A	Blockchain-based network for hosting web3 applications	$21.6M	Polychain, Hack VC & 22 others	58/100
8th	Movement Network 2023, British Virgin Islands, Series B	Developer of modular move-based blockchains	$141M	Borderless Capital, dao5 & 32 others	56/100
9th	Morph 2023, Singapore (Singapore), Seed	Provider of a blockchain platform for decentralized finance (DeFi) by utilizing Layer 2 protocols	$20.3M	DRAGONFLY, Symbolic Capital & 8 others	54/100
10th	Fuel Labs 2019, Toronto (Canada), Series A	Developer of a high throughput layer two scaling blockchain solution	$81.5M	CoinFund, Stratos Technologies & 17 others	49/100
36th	Matrix Unfunded	Developer of scalable rollup architecture for high throughput on-chain applications	-	-	16/100