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Cronos zkEVM 1

Chain ID: 388
Website
by Crypto.com2
Layer 2
Settles on Ethereum
ZK Rollup
EVM
Stack ZKsync

Activity Metrics

TPS
💱 Transactions
👥 Population
📋 Contracts
1 Total Value Locked: —
2 Live Since August 2024
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The reader is advised that data herein may not be current.
Independent verification is recommended.
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What is Cronos zkEVM?

Crypto.com's new Ethereum L2 using ZK tech, launched 2024 as the "v2" to original Cronos. Keeps data off-chain to save costs.

Key Difference: Your gas fees earn staking rewards — zkCRO automatically generates yield while sitting in your wallet, so even failed transactions contribute to your returns instead of just burning money.

Best for: Crypto.com users wanting cheaper transactions, DeFi apps needing sponsored gas, yield farmers chasing zkCRO rewards.

Technical: ZK Validium on ZK Stack with off-chain data availability, zkCRO (liquid staked CRO) as gas token, native account abstraction.

  • Use Cases

    • DeFi apps: Fulcrom Finance (derivatives), VVS Finance, H2 Finance
    • Crypto.com integration: Natural bridge for exchange users
    • Yield farming: zkCRO "triple yield" opportunities
    • Pioneer program: 5M+ ZK tokens in rewards pool
  • Security & Data Availability

    • ZK proofs posted to Ethereum, but transaction data kept off-chain (Validium).
    • Exit safety depends entirely on sequencer — if it fails, funds stuck.
    • Emergency governance can bypass upgrade delays.
  • Infra & Execution

    • Built on ZKsync's ZK Stack with native account abstraction.
    • zkCRO gas token earns CRO staking yield while used for fees.
    • Part of ZK Stack ecosystem enabling bridges to other ZK chains.
  • Performance

    • Very low fees due to off-chain data storage.
    • Claims >100 TPS but real performance untested.
    • Alpha mainnet since August 2024.
  • Trade-offs

    • Validium = major centralization risk — sequencer controls your exit.
    • Very early (alpha) with limited battle-testing.
    • Success tied to Crypto.com ecosystem relevance.
    • Yield-bearing gas adds protocol complexity and financial risk.

Contract Languages

This blockchain supports the following smart contract languages: