# Rayls

> Rayls: Bringing Finance Onchain. The EVM Layer 1 network connecting institutions to blockchain liquidity, with built in privacy and compliance. Institutions run their own private Rayls Sovereign chains and connect them to the permissionless Rayls Public Chain, with optional privacy from Rayls Enygma.

Key facts:
- Products: Rayls Public Chain (permissionless EVM Layer 1), Rayls Sovereign (private EVM chain per institution), Rayls Enygma (optional privacy), Rayls Private Network (connects Sovereign chains).
- Rayls Public Chain: 15,000+ transactions per second (Axyl consensus, Reth execution client), hard sub-second deterministic finality with no chain reorganisations, gas paid in USDr (pegged 1:1 to the US dollar, backed by USDC), chain ID 72957, mainnet launched 30 April 2026.
- 100% EVM-compatible: standard Solidity tooling (Foundry, Hardhat, Remix, viem, MetaMask) works unchanged.
- $RLS is the staking token of the Rayls ecosystem: validators stake RLS and receive half of each epoch's fees; fees are swapped to RLS once per epoch and the other half is bridged to Ethereum and burned.
- Rayls Enygma uses zero-knowledge proofs with a read-only Auditor View for regulators; research published on the IACR ePrint archive (2025/1638, 2025/1639).
- Users include Banco Central do Brasil (Drex CBDC pilot: 16 institutions, 6 of 14 use cases delivered on Rayls), Núclea (Núclea Chain, in production since June 2024), Nimofast Global (up to $100bn of energy and commodities assets), XP (USDXP stablecoin) and Kinexys by J.P. Morgan (Project EPIC: one of five implementations, meeting all 5 confidentiality requirements). Featured in the G20/BIS TechSprint 2024 report.
- Parfin is the core contributor and developer of Rayls.

The full site content is available as one Markdown file: [llms-full.txt](https://llms.rayls.com/llms-full.txt)


## Start here
- [Rayls home](https://llms.rayls.com/index.md): Overview of the network, its three products, use cases and customers
- [Products overview](https://llms.rayls.com/products.md): How the Public Chain, Sovereign, Enygma and Private Network fit together, with a provider comparison vs Canton, Besu, zkSync and Avalanche

## Products
- [Rayls Public Chain](https://llms.rayls.com/products/public-chain.md): Permissionless EVM Layer 1: 15,000+ TPS (Axyl), sub-second deterministic finality, USDr gas pegged 1:1 to USD, chain ID 72957
- [Rayls Sovereign](https://llms.rayls.com/products/sovereign.md): Private, institutional-grade EVM blockchain each institution runs on-prem, integrated with core banking and connected to public and private networks
- [Rayls Enygma Sovereign](https://llms.rayls.com/products/enygma-sovereign.md): Private, auditable settlement between banks' Sovereign chains using zero-knowledge proofs, with a read-only regulator view key; comparison vs Canton, ZKsync Prividium and Zama
- [Rayls Enygma](https://llms.rayls.com/products/enygma.md): Privacy framework combining zero-knowledge proofs and homomorphic encryption for confidential, auditable transactions on any EVM chain
- [Rayls Private Network](https://llms.rayls.com/products/private-network.md): Connects several Sovereign chains into a permissioned network for multi-institution settlement (DvP, PvP, FX)

## Use cases and case studies
- [Use cases](https://llms.rayls.com/use-case.md): Tokenised money (deposit tokens, stablecoins) and tokenised assets (yield vaults)
- [Banco Central do Brasil (Drex)](https://llms.rayls.com/case-studies/banco-central-do-brasil.md): Drex CBDC pilot: Rayls was the privacy and settlement layer for 16 institutions and delivered 6 of the 14 use cases, more than any other technology
- [Núclea](https://llms.rayls.com/case-studies/nuclea.md): Núclea Chain, Brazil's receivables tokenisation network built on Rayls: in production since June 2024, 40,000 receivables a month, $1.6bn throughput in 2025
- [Nimofast Global](https://llms.rayls.com/case-studies/nimofast-global.md): Tokenising up to $100bn of Brazilian energy and commodities assets, starting with fuel trade receivables, on Rayls Sovereign and the Rayls Public Chain
- [Kinexys by J.P. Morgan (Project EPIC)](https://llms.rayls.com/case-studies/kinexys-jp-morgan-project-epic.md): Rayls was one of five implementations in J.P. Morgan's Project EPIC proof of concept for private, identity-aware tokenised funds: 5 of 5 confidentiality requirements met, 3 of 3 use cases built
- [G20 / BIS TechSprint](https://llms.rayls.com/case-studies/g20-and-bank-of-international-settlements.md): Multi-CBDC cross-border payments solution featured in the 2024 G20 TechSprint report

## Developers and community
- [Developers](https://llms.rayls.com/developers.md): Developer hub: tooling, compliance framework and what to build on
- [Ecosystem](https://llms.rayls.com/ecosystem.md): Ecosystem partners by category
- [Community](https://llms.rayls.com/community.md): Discord, grants and official channels

## Resources
- [Litepaper](https://llms.rayls.com/litepaper.md): RLS and USDr token economy; download link for the litepaper PDF
- [Contact](https://llms.rayls.com/contact.md): How to reach the Rayls team

## Optional
- [Documentation](https://docs.rayls.com/docs/a-warm-introduction-to-rayls): Technical docs, architecture and reference
- [GitHub](https://github.com/raylsnetwork): Open source code, including Axyl consensus and Enygma
- [Transparency portal](https://transparency.rayls.com/): Network stats, fee burns and token data
- [MiCAR white paper](https://www.rayls.com/micar-whitepaper): RLS token white paper under the EU MiCA regulation
- [Blog](https://www.rayls.com/blog): News, product updates and deep dives