Boba Network Logo

Boba Network BOBA

Boba Network header image

1. Summary

Limited data

  • 67% of the Boba Network code repositories are forked (originally copied) from another project.

Ranks

Liquidity
94
Developer
-
Social
98
Momentum (beta)
21
Stack Rankā„¢
-
Price
$0.18 -0.8%
Market Cap
$71.50M (#509)
Supply
380.89M / 500.00M
Price
52W High price $1.18
52W High date 15th Mar 2024 (7 months ago)
All Time High (ATH) Date 25th Nov 2021 (2 years ago)
ATH Price $7.93
% From ATH -96.5%
All Time Low (ATL) Date 12th Oct 2023 (1 year ago)
ATL Price $0.10
% From ATL 169.61%
Supply & Trading Volume
Trading Volume (24h) $1.28M
Total Supply 500.00M
Max Supply 500.00M
Circulating Supply 380.89M
Description

Boba Network is an Ethereum Layer 2 (L2) Optimistic Rollup scaling solution built by the Enya team as core contributors to the OMG Foundation. It aims to reduce gas fees, improve transaction throughput, and extend the capabilities of smart contracts by leveraging Optimistic Rollups. Boba shrinks the Optimistic Rollup exit period from seven days to...

Boba Network is an Ethereum Layer 2 (L2) Optimistic Rollup scaling solution built by the Enya team as core contributors to the OMG Foundation. It aims to reduce gas fees, improve transaction throughput, and extend the capabilities of smart contracts by leveraging Optimistic Rollups. Boba shrinks the Optimistic Rollup exit period from seven days to only a few minutes, while giving LPs incentivized yield farming opportunities.

Key Features

  • Fast Exits: Boba offers fast exits backed by community-driven liquidity pools, reducing the exit period from seven days to just a few minutes.
  • Extensible Smart Contracts: Boba enables developers to build dApps that invoke code executed on web-scale infrastructure such as AWS Lambda, allowing for complex calculations and machine learning.
  • Multichain: Deployed on multiple blockchains including Ethereum, Avalanche, Binance, and others, providing a rich environment for developers and users.
  • Hybrid Compute: Allows developers to bring off-chain algorithms on-chain, opening up more advanced calculations.
  • Scaling: Improves transaction throughput and reduces fees up to 100 times compared to the underlying blockchain.
  • Distributed Governance: Uses the BOBA token for governance, incentivizing network growth and user adoption.

Ecosystem and Governance

  • BOBA Token: Facilitates governance, incentivizes network growth, and supports user adoption in the DeFi ecosystem.
  • Tokenomics: Designed to serve various functions, including governance, staking rewards, and network growth.
  • Distribution: Initial supply of 160 million tokens, incrementally increasing over four years to a maximum supply of 500 million.
  • Stakeholders: Tokens allocated to OMG holders, strategic investors, the team, and the treasury for network support and development.
2. Price

BOBA

2.1. Market Performance

How does Boba Network's (BOBA) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-20.8%

BOBA

-11.7%

Similar Market Cap

60 Day Return

-36.7%

BOBA

-2.4%

Similar Market Cap

1 Year Return

95.7%

BOBA

18.1%

Similar Market Cap

3. Developer Activity

We're monitoring 120 Boba Network GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Boba Network Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 112

Most Active Repos

Past week 170
Past 12 weeks 568
Past year 1373
Past week 29
Past 12 weeks 128
Past year 1341
Past week 1
Past 12 weeks 174
Past year 1268
Past week 29
Past 12 weeks 80
Past year 231
Past week 7
Past 12 weeks 45
Past year 194
Past week 55
Past 12 weeks 89
Past year 189

Top Developers 2024

In total, 402 developers have contributed to Boba Network over the past year. Who are the most active Boba Network developers, by commits, over the past year?

Related Projects

Developers working on Boba Network also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users 18,680
Active Discord Users 582
Telegram Users 7,045
Twitter followers 350,877
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://boba.network/
Explorer https://blockexplorer.boba.network/
Twitter @bobanetwork

What is the correct contract address for Boba Network?

Boba 0xa18bf3994c0cc6e3b63ac420308e5383f53120d7
Ethereum 0x42bbfa2e77757c645eeaad1655e0911a7553efbc

Has Boba Network been audited for security?

No security audits found for this project.

Are you the owner of Boba Network? Edit it here

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